Tag Archives: Foreclosure Auction

Foreclosures Fall Even as Judges Ramp Up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

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Feds crack down on foreclosure auction scams

SAN FRANCISCO — At the height of the financial crisis, bargain hunters would gather each week on county courthouse steps to bid on foreclosed properties throughout Northern and Central California. The inventory lists were long, especially in hard-hit areas such … Continue reading

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The Culture of Foreclosure Auctions

It’s all about the Benjamin’s, baby.In this week’s feature story, “The Dispossessed,” several real estate investors who attended a foreclosure auction declined to give their names. Real estate investors who buy foreclosed property after all, don’t have the best public … Continue reading

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Bay Area realty investors to plead guilty to bid rigging, mail fraud

Eli Segall Reporter – Silicon Valley / San Jose Business Journal Email Several Bay Area real estate investors have agreed to plead guilty for conspiring to rig bids and commit mail fraud at foreclosure auctions, the U.S. Department of Justice … Continue reading

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