LOS ANGELES (AP) – Lenders repossessed fewer U.S. homes in January, bringing the number of completed foreclosures down to the lowest level in more than six years. Even so, many states posted sharp ...

LOS ANGELES – Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors increasingly are buying up properties when they go on sale at public auction.

Purchasing in this sector requires clear expectations, careful budgeting and an understanding of the risks involved, says Lizl Engelbrecht, national operations manager at Just Property, who cautions ...

The sale of repossessed houses at knockdown prices is unfair, unconstitutional, and a human rights and dignity issue, as it leaves financially distressed individuals with huge debts, when they have ...

LOS ANGELES -- Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled ...

Keeping the flow of foreclosures moving is crucial for the sluggish housing market, which is still trying to regain its strength after five years of elevated foreclosures. Foreclosure activity in the ...

Real estate investors looking for bargains may find them at the bank auctions that are sure to follow a spike in foreclosures. Foreclosure filings were reported on 324,237 properties across the ...

Fortress Investment Group and Deutsche Bank, whose executives played roles in the housing bubble, are among the hundreds of firms that responded to a U.S. government request for proposals to rent out ...