mortgage

Top foreclosure states Aug. 2012: Georgia

Live in Georgia? According to RealtyTrac, a California-based firm that tracks foreclosures, your state had one of the highest rates of foreclosure in August. Nationally, 1 in every 681 housing units received a foreclosure filing in August 2012.

Georgia: 1 in every 431 housing units received a foreclosure filing.
Nationally: 1 in every 681
Georgia average foreclosure sales price: $112,685
National average foreclosure sales price: $189,103

 

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David McMillin

CFPB slaps Flagstar Bank with $37.5 million fine

Michigan-based Flagstar Bank is paying the price for failing to help homeowners and breaking the Consumer Financial Protection Bureau's new mortgage-servicing rules.  ... Read more

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