PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
W S

North Texas foreclosure activity hits 40-month low

/ Print / Reprints /
| Share More
/ Text Size+
Foreclosure activity in North Texas is at a 40-month low based on the number of distressed properties scheduled for May auctions, research firm Foreclosure Listing Service Inc. said Friday. The filing deadline for next month's auctions has passed, with 3,719 foreclosure postings filed in the nation's fourth-largest metro area. The number of postings is down 23% from a year earlier and at the lowest level since January 2008. The study covers foreclosure auction postings in four Texas counties -- Denton, Collin, Tarrant and Dallas -- where about 9.6 million people live. While the statistics show significant improvement from last April when 4,861 filings were posted, George Roddy, president of Foreclosure Listing Service, said the D/FW area is not out of the woods yet. "I believe this is an artificial decline in foreclosure notices due to the tremendous scrutiny applied by regulators during recent months in response to publicity about past problems with the foreclosure process, including robo-signing," Roddy said. On a month-to-month basis, foreclosure posting activity for May fell 28% from April. Write to Kerri Panchuk.

Recent Articles by Kerri Panchuk

Comments powered by Disqus