...in California, Florida, Washington state, Illinois and Texas. Missy Latham, a spokesperson for WaMu, told DSNews.com on Friday that the reductions are part of an overall WaMu strategy to focus...

Southern California home sales increased in May because of an influx of bargain hunters and financial institutions that had competitively priced repossessed properties in their portfolios, according to data released...

...states to record the top foreclosure rates: Nevada, California, and Arizona. Nevada lead the pack for the 17th consecutive month, registering the high of one in every 118 households filing...

...looking for various ways to dispose of aged REO inventory. Given the state of certain markets, specifically California, which experienced 109,000 foreclosure starts in the first quarter of 2008, along...

Los Angeles, California-based ""REOTrans, LLC"":http://www.reotrans.com, a company that sells foreclosures through its Web-based platform, said Monday that it has sold 150,000 homes, valued at $22 billion in the past five...

Irvine, California-based ""Real Estate Disposition Corp."":http://www.ushomeauction.com/ (REDC) has named Chris Alcedo vice president of its Client Management Division. Alcedo, who most recently served ""EMC Mortgage Corp"":http://www.emcmortgagecorp.com. in the role of...

...markets like California, New York, Florida, and Nevada - in cities like Las Vegas, Riverside, Phoenix, and Denver. These are the very markets that are now suffering through a foreclosure...

...claiming the company has plans to consolidate operations to Accredited’s San Diego headquarters. _Reuters_ news reports claim the lending platform has laid off employees in Orange, California; Beaverton, Oregon; St....

San Diego, California-based ""Accredited Home Lenders Holding Co."":http://www.accredhome.com said Friday that Jeff Walton, who previously served Bear Stearns Residential Mortgage Corp. in the roles of president, chief executive officer and...

...and certain local markets are fueling the dramatic increase in foreclosures and delinquencies. ""The problems in California and Florida are extraordinary and they are the main drivers of the national...