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Rapper paid $250K to avoid foreclosure

Posted on October 27th, 2014 No Comments

Rapper paid $250K to avoid foreclosure

American rap artist DMX settled $250,000 with Compass Bank to save his Mount Kisco home from foreclosure, the Chicago Defender reported on October 19. The rapper, whose real name is Earl Simmons, 43, made the settlement in response to a lawsuit filed against him by Compass Bank. DMX was sued by the bank in 2013 for […]

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Decrease in U.S. foreclosure activity

Posted on July 31st, 2014 No Comments

Decrease in U.S. foreclosure activity

A mid-year report recently released by RealtyTrac observed a nationwide decrease in foreclosure rates–now at the lowest numbers seen since 2006, World Property Channel reported on July 17. Recent recorded foreclosure activities for the year’s first half, such as bank repossessions, default notices, and scheduled auctions in the U.S., totaled 613,874, a 23 percent decrease compared to the […]

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Burt Reynolds’ Florida home threatened by foreclosure

Posted on June 11th, 2014 No Comments

Burt Reynolds’ Florida home threatened by foreclosure

American actor Burt Reynolds’ Florida home is threatened by foreclosure, FOX News reported on May 28. In a court hearing held at a Martin County court on May 27, the foreclosure lawsuit filed by the Bank of America in regards to the 78-year-old actor’s was allowed to proceed, despite Reynolds’ request that the case be dismissed. Reynolds […]

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Ohio has 8th highest foreclosure rates in U.S.

Posted on May 30th, 2014 No Comments

Ohio has 8th highest foreclosure rates in U.S.

A recent real estate report has revealed that Ohio has the 8th highest foreclosure rates in the U.S., Dayton Business Journal reported on May 16. Data reveals that in April, at least one out of every 750 homes in Ohio were in some stage of foreclosure procedure. Overall, the U.S.’s foreclosure activity for April reportedly […]

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