The number of American homes reposed by lenders in March fell to the lowest level in more than five years, according to Los Angeles-based Realty Trac Inc.
An elderly man was robbed and beaten in his San Bernardino home, according to authorities.
California has one of the highest foreclosure rates in the nation but overall filings in November reached a low not seen in six years, according to data published by Realty Trac.
The city of El Monte plans to buy bank-owned homes, fix them up, and then sell them to low-income families in an effort to combat foreclosures in the area.
California home prices rose in September to a four-year high as the supply of properties for sale remained tight, according to surveys released Monday.
Eleven people have been indicted by a Los Angeles federal grand jury for a loan modification scam that preyed on more than 4,000 financially distressed homeowners.
A Moreno Valley woman tried to sell her home, only to find out the bank mistakenly foreclosed it.
The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence.
A 93-year-old woman is facing foreclosure after taking a second mortgage out on her West Hollywood home.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
Home sales in Los Angeles County jumped nearly 12 percent in June compared to a year ago, while prices rose by more than 2 percent, according to real estate firm DataQuick.
The city of Los Angeles is suing US Bank, the fifth largest bank in the country, accusing it of being a slumlord for homes in South LA and the San Fernando Valley.
City Attorney Carmen Trutanich has filed a lawsuit against on the nation’s biggest banks over alleged illegal eviction and maintenance practices.
A controversial plan to help struggling homeowners in the Inland Empire by invoking eminent domain in order to rescue distress properties was under fire on Friday.
State Senator Tom Harman fears the landmark bill will adversely affect the housing market and allow lawyers to collect huge fees.