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cities with the most homes in foreclosureaccording to data released last week, the worst effects of the housing crisis are beginning to wind down. but some of the largest u.s. cities continue to lag behind the rest of the country.maine has second-highest foreclosure rate in new england, report saysa foreclosure sign stands in front of a home in oregon in 2011. posted may 30, 2012, at 11:26 a.m. last modified may 30, 2012, at 5:42 p.m. a new report out wednesday finds that 4.3 percent of all maine homes with a mortgage were in the foreclosure process in april, the second highest rate in new england.foreclosure stories: ferreting out fraudafter handling hundreds of foreclosure cases involving securitized loans, i can safely say that every single securitized loan transaction involves fraud of some sort. read morestate grabs $7.7m of foreclosure settlementthe mortgage foreclosure fiasco has turned out to be a bonanza of sorts for mississippi state government. mississippi’s general fund will receive a $7.7 cash infusion from the national legal settlement state attorney general jim hood and 48 other attorneys general negotiated with giant mortgage servicers bank of america , citi, chase, gmac and wells fargo. |
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