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Banks’ Homes Reach Record Second Quarter High

A new quarterly record for bank repossessions has recently been reported by Bank Foreclosures Sale—a web-based source for lists of bank owned homes and other foreclosure information.  According to their recent report, bank foreclosures were up 5% in this year’s second quarter.  The number of bank repossessions jumped 38% from […]

Banks’ Repossessed Homes on the Rise With Foreclosure

According to an August Reuters report and RealtyTrac findings, in July, the banks repossessed just over 92,858 properties throughout the country—banks also recorded “the second highest monthly number of homes ever ” just in July alone. The unsteady housing market saw all foreclosure activity, including repossession, rise 4%–from June to […]