Although short sales remain relatively rare, they have been gradually creeping up as underwater homeowners seek ways to avoid foreclosure, with a handful of midpriced markets seeing the highest concentration of these... Read more »
Foreclosures continued to climb in the first half of the year, approaching levels that haven’t been seen since 2019, and Florida is leading the nation. In the first six months of 2026,... Read more »
Redcar is in trouble in Chinatown. Distressed debt player Rialto Capital accused the Jim Jacobsen-led development firm Redcar Properties of defaulting on a loan for creative offices in Chinatown. Now, Rialto wants... Read more »
Belwood Investments’ last-ditch effort to skirt foreclosure on a Malibu property came up short, according to a court ruling that put the property into the hands of the lender. It all started... Read more »
HOA liens climb 8.6% in 2025 as Sun Belt pressure mounts Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 16 hours ago LatestYour... Read more »
Cerberus Capital Management’s Wedbush Center in downtown Los Angeles faces foreclosure after a debt default. The alternative investment outfit owes about $135 million on its office tower on Wilshire Boulevard, according to... Read more »
The complaint stems from a Home Equity Conversion Mortgage (HECM) that Cleveland Mayo obtained in June 2011 after being diagnosed with kidney failure. According to the lawsuit, Mayo believed the loan would... Read more »
A foreclosure auction of a Malibu beach house that was famously gutted by Kanye West has reportedly been pushed back by several weeks thanks to a last-minute bankruptcy filing. The property, which... Read more »