FORECLOSURES LOCAL NEWS/INFORMATION - LASCASSAS TENNESSEE 37085

Tennessee foreclosure activity climbed in December
Bizjournals.com
Foreclosure activity in Tennessee increased in December compared to a year ago, according to a report from RealtyTrac . Tennessee foreclosure filings— including default notices, scheduled auctions and bank repossessions— were up 20 percent from ...

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Local real estate agents had good 2011, feel optimistic about 2012 - The Mountain Press
Sun, 05 Feb 2012 04:43:52 GMT

Local real estate agents had good 2011, feel optimistic about 2012
The Mountain Press
I've talked to realtors across Sevier County and the state of Tennessee. All of them comment that we've got more activity coming into the market.” Last year some $106.1 million was spent on residential homes in Sevier County, according to Kendrick.

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Data indicate Memphis foreclosures increased over last year - Memphis Business Journal
Tue, 31 Jan 2012 19:27:59 GMT

Data indicate Memphis foreclosures increased over last year
Memphis Business Journal
CoreLogic found the foreclosure rate of the US as a whole topped that of Memphis, weighing in at 3.41 percent in November 2011. The state of Tennessee saw its foreclosure rate increase 7.69 percent year-over-year to 2.03 percent.

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Foreclosures cut home sale prices - Chattanooga Times Free Press
Thu, 26 Jan 2012 05:11:58 GMT

Foreclosures cut home sale prices
Chattanooga Times Free Press
The average house in foreclosure sold last fall at just over half the price of comparable houses not in foreclosure in Tennessee and Georgia, RealtyTrac said in a report released today. In Georgia where nearly 34 percent of all house sales during the ...

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Home sales fall significantly for third year in both Bristols - TriCities.com
Tue, 31 Jan 2012 12:27:50 GMT

Home sales fall significantly for third year in both Bristols
TriCities.com
A high percentage of foreclosures and a turbulent job market combined to drag down the Twin City's housing market in 2011. Sales of existing homes fell by about 13 percent in Bristol, Va., and 19.5 percent in Bristol, Tenn., compared to 2010, ...

RealtyTrac report indicates foreclosures on decline - Memphis Business Journal
Thu, 12 Jan 2012 21:56:12 GMT

USA TODAY

RealtyTrac report indicates foreclosures on decline
Memphis Business Journal
Notably, foreclosure filing activity in December registered its lowest level in 49 months. Tennessee, which has 13652 foreclosure homes on the market, ranked below the national average of 1 in every 634 housing units receiving a foreclosure filing in ...
Foreclosures, bankruptcies fall, but problems remainMiamiHerald.com

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Obama's housing plan draws fire, impact seen small - Reuters
Tue, 31 Jan 2012 00:52:37 GMT

Obama's housing plan draws fire, impact seen small
Reuters
The Obama administration on Friday expanded eligibility requirements for its signature foreclosure relief program, increased incentives to lenders to reduce loan balances and extended the life of the program by a year. It also sought to entice Fannie ...

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Memphis slides on Forbes' 'miserable' list - Memphis Business Journal (blog)
Fri, 03 Feb 2012 21:05:53 GMT

Memphis slides on Forbes' 'miserable' list
Memphis Business Journal (blog)
“Home prices are down only 6 percent the past three years and Tennessee does not have a state income tax. But a violent crime rate that is second only to Detroit helps land Memphis on the list.” In March 2011, Memphis leaders made a trip to New York to ...

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US closes four banks, bringing total to 7 in 2012 - Business Recorder (blog)
Sun, 29 Jan 2012 01:48:03 GMT

First Coast News

US closes four banks, bringing total to 7 in 2012
Business Recorder (blog)
US regulators closed four banks on Friday, bringing the total number of foreclosures this year to seven. The Federal Deposit Insurance Corporation said Tennessee Commerce Bank, of Franklin, Tennessee, was closed on Friday. The bank's sole branch will ...
US regulators close down 4 more banksPress TV

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Briefs: Ally sets aside $270M to pay possible fines - The Detroit News
Wed, 01 Feb 2012 06:16:35 GMT

Briefs: Ally sets aside $270M to pay possible fines
The Detroit News
Washington— Detroit-based lender Ally Financial said it is setting aside $270 million to cover expected penalties over foreclosures, which will lead to a net loss for the last three months of 2011. The nation's largest auto lender, formerly known as ...

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