Tag #Foreclosure

Showing 1 to 9 of 9 results

dailymail.co.uk
๐ŸŒ 85% Global Worthiness
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Las Vegas Foreclosure Filings Surge Amid Tourism Slump

A report reveals a 32 percent increase in foreclosure default notices in Clark County, Nevada in June 2025, totaling 200 filings, linked to a significant drop in tourism, particularly from Canada, due to strained US-Canada relations and economic uncertainty.

Progress

52% Bias Score

No Poverty
dailymail.co.uk
๐ŸŒ 85% Global Worthiness
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Climate Disasters Fuel Surge in US Home Repossessions

Rising climate disasters are driving a surge in US home repossessions, with projected $1.2 billion in credit losses in 2025 and 19,000 foreclosures this year, impacting Florida, Louisiana, and California most severely due to uninsured damages, falling home values, and soaring insurance premiums.

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36% Bias Score

Reduced Inequality
forbes.com
๐ŸŒ 75% Global Worthiness
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IRS Forecloses on LLC Interest, Superseding State Law

A New Jersey District Court ruled that the IRS can foreclose on a debtor's 50% interest in a dental practice LLC, despite a New Jersey law prohibiting it, setting a precedent for federal tax law superseding state LLC laws in such cases.

Progress

36% Bias Score

Reduced Inequality
pda.msk.kp.ru
๐ŸŒ 75% Global Worthiness
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Moscow Woman Loses Apartment in Suspicious Low-Value Auction

A Moscow woman, Elena Shapoval, lost her apartment at a drastically undervalued auction after accumulating debt from a 2007 foreign currency mortgage; the auction's legitimacy is under investigation by the Investigative Committee due to suspicious circumstances.

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56% Bias Score

Reduced Inequality
npr.org
๐ŸŒ % Global Worthiness
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Zombie Mortgages: State Action and Widespread Concerns

Massachusetts cracks down on "zombie" second mortgages, impacting hundreds of homeowners, but the problem remains widespread.

Progress

0% Bias Score

dailymail.co.uk
๐ŸŒ 85% Global Worthiness
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NYC Foreclosure Rates Soar, Hitting Even Wealthy Enclaves

A recent report reveals an 11% increase in NYC foreclosures this spring, impacting even wealthy Park Avenue residents (8 foreclosures in zip code 10022) due to rising interest rates, economic distress, and the end of pandemic protections; Brooklyn leads with 129 filings, a 36% increase.

Progress

40% Bias Score

Reduced Inequality
cnn.com
๐ŸŒ 85% Global Worthiness
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VA Ends Mortgage Rescue Program, Raising Foreclosure Concerns for Veterans

The Department of Veterans Affairs is ending its mortgage rescue program, VASP, on May 1, 2025, raising concerns about potential foreclosures among the approximately 81,000 veterans in default on their VA mortgages as of February 2025, prompting debate over alternative solutions.

Progress

44% Bias Score

Reduced Inequality
npr.org
๐ŸŒ 85% Global Worthiness
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VA Ends Mortgage Rescue Program, Raising Foreclosure Fears

The Department of Veterans Affairs (VA) will terminate its mortgage rescue program, VASP, on May 1, 2025, impacting 17,109 veterans currently enrolled, due to Republican opposition and concerns about taxpayer costs, raising concerns about potential mass foreclosures without a replacement program.

Progress

52% Bias Score

No Poverty
dailymail.co.uk
๐ŸŒ 25% Global Worthiness
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Zolciak-Biermann Mansion Price Drop

Kim Zolciak and Kroy Biermann further drop the price of their Georgia mansion in a bid to avoid foreclosure.

Progress

40% Bias Score

Showing 1 to 9 of 9 results