James Foxx's (jamesfoxx) Blog

Bank foreclosure list properties in Florida continue to rise in the commercial sector as banks continue to pursue foreclosure proceedings on defaulting developers and property owners. Among recent commercial foreclosures in Florida involved lands that have received approvals for commercial and mu...

The number of Florida foreclosures for sale in the residential sector is still high because of the high number of underwater borrowers defaulting on their loans. According to a research firm, almost 50 percent of the 4.5 million mortgage loans in Florida were underwater, putting the state second ...

Bank owned property listings by Genworth Financial have been contained significantly, according to the financial management company. Genworth announced recently that its mortgage loan servicing partners were able to save $2.3 billion in distressed mortgage loans from being thrown into foreclosure...

REO bank foreclosures pulled down property values in Worcester, Massachusetts to their lowest level in over 15 years, based on data from the office of the city assessor. The total value of all assessed properties in Worcester decreased to $12.1 billion in January 2009, marking a drop of almost 10...