Oakland County is hosting a free mortgage foreclosure event for its residents on Tuesday from 10 a.m. until 7 p.m. in Auburn Hills.
A report from RealtyTrac shows the number of foreclosure properties in Michigan dropped 11.5 percent from February to March.
The latest statistics show an ever-so-slight dip in home foreclosures this year, but Michigan remains among the states with the highest rates.
Although Midwestern states have seen the largest decreases in economic stress since the recession ended, Michigan experienced a monthly jump in stress in May.
In an unusual move, Michigan Lt. Gov. Brian Calley has signed a bill extending home foreclosure protections.
Foreclosure activity in the state and Metro Detroit defied the national trend in May, with the state posting a 12.5 percent increase from April, while the national rate of troubled homeowners dropped 2 percent.
Former Detroit City Councilwoman Alberta Tinsley-Talabi is taking her fight to save neighborhoods to Lansing, asking the governor for a moratorium on foreclosures.
The latest survey from RealtyTrac Inc shows the metropolitan Detroit area has dropped out of the national top 20 when it comes to foreclosures, but home repossessions are up dramatically.
Michigan continues to be one of the top states when it comes to foreclosures. Foreclosure tracker RealtyTrac Inc. reports 16,061 foreclosure filings in December in Michigan. With 1 in every 282 homes being foreclosed, the […]