You are browsing the archive for foreclosures.

SD gets $344,750 in settlement on foreclosures

February 1, 2013 in The Daily Republic

PIERRE (AP) Attorney General Marty Jackley says South Dakota’s share of a multistate settlement with one of the nation’s biggest mortgage processing companies is $344,750.
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Foreclosures inch up in Davison County

January 24, 2013 in The Daily Republic

Indicators rise after years of recovery from ’07 peak.
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‘No-cost’ foreclosure solution touted by Minnesota Dem lawmakers

February 28, 2012 in Grand Forks Herald

A group of legislative Democrats wants what is termed a no-cost solution for responsible MinnesotanBills Democratic-Farmer-Laborite lawmakers back include expanding refinancing options for homeowners who are current on mortgages, but face problems such as owning more than the home is worth. Such programs can prevent homeowners from getting current low interest rates.s affected by home foreclosures. Continue Reading

Minnesota foreclosures decrease, but trouble persists

February 22, 2012 in Grand Forks Herald

Foreclosures in Minnesota fell 17 percent last year to the lowest level since 2007, according to a report released Tuesday. While foreclosure rates dropped in many areas, there are counties that saw no improvement — or where repossessions actually increased. Continue Reading

MINNESOTA: 1 in 336 houses in default, repossession or scheduled auction

October 13, 2011 in Grand Forks Herald

The real estate research company RealtyTrac says one in every 336 houses in Minnesota was in default, repossession or scheduled auction in the third quarter.
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Worst home price drop since 2010 in nation? Twin Cities, still

September 28, 2011 in Grand Forks Herald

For the fifth consecutive month, the Twin Cities in July posted the steepest year-over-year home price decline nationwide, though the metro area’s average price increased from June, a respected 20-city housing price index reported Tuesday. Continue Reading

UPDATE: Search continues for Lakeville, Minn., dad who abandoned son

August 26, 2011 in Grand Forks Herald

UPDATED 12:21 P.M.A 60-year-old father abandoned his 11-year-old son last month, telling him in a letter to move in with neighbors because their Lakeville, Minn., home was in foreclosure, according to a warrant complaint seeking his arrest. Continue Reading

31% of U.S. home sales in spring from foreclosures

August 25, 2011 in Grand Forks Herald

While that’s a smaller share of sales from the previous quarter, it’s six times the percentage of foreclosures in a healthy housing market. Continue Reading

Minnesota foreclosures down for first half of ’11, but up for quarter

August 11, 2011 in Grand Forks Herald

The not-so-good news is that the number of foreclosures has been ticking up over the past few quarters, from 5,298 in the fourth quarter of 2010. That figure rose to 5,406 in the first quarter and to 5,851 in the second quarter, according to “Foreclosures in Minnesota.” Continue Reading

May analysis: Western states hit hardest by housing crisis lag in recovery

July 19, 2011 in Grand Forks Herald

Since December 2007, North Dakota shows least economic stress; Grand Forks County 7th least stressedDepressed home prices and high rates of foreclosures have limited job growth in Arizona, California and Nevada. Meanwhile, a delayed housing bust and cuts in state government and construction jobs have led to rising unemployment in Idaho, Montana and Utah since the recession ended. Continue Reading