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  2. Foreclosures Are Rising: Here’s What Experts Say It ... - AOL

    www.aol.com/finance/foreclosures-rising-experts...

    Adding up notices of default, repossession by banks and auctions on the calendar, the U.S. Foreclosure Market Report found 35,196 American properties with foreclosure filings. I’m a Real Estate ...

  3. Demolition set for Detroit's Mammoth building, but owners are ...

    www.aol.com/demolition-set-detroits-mammoth...

    The Mammoth building's owners, developer Bahy Hammoud of Windsor, Canada, and Dearborn accountant Gihad Nagi, acquired the 135,000-square-foot building at the 2023 Wayne County treasurer's tax ...

  4. April Foreclosures: Fewer Starts, Faster Finishes — New ...

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    But completed foreclosures rose 8% from March, suggesting that while fewer new cases began, the resolution of existing cases sped up, according to real estate data provider ATTOM's April 2024 U.S ...

  5. Timeline of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Timeline_of_the_2000s...

    Mid-year: A total of 1,045,801 properties received foreclosure notices during the first half of the year, a two percent increase over the previous six months, but down 11 percent from the same period in 2011. 0.79 percent of all households were in some stage of foreclosure during the first half of 2012. [105]

  6. 2000s United States housing market correction - Wikipedia

    en.wikipedia.org/wiki/2000s_United_States...

    House in Salinas, California under foreclosure, following the bursting of the U.S. real estate bubble. The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May–June 2007, [78] affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified ...

  7. Equity stripping - Wikipedia

    en.wikipedia.org/wiki/Equity_stripping

    As an alternative, foreclosure rescuers have the ability to redeem the home from foreclosure with a new mortgage of their own. For a moderate fee or portion of the existing equity, this can keep the former homeowner in the home as a tenant while they repair their credit or increase their income.

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