According to a survey, 2.97% of homes were in foreclosure in the third quarter. While this may sound like a small number, this is up 76% from a year ago, and equals 1.35 million homes in foreclosure.

California is working hard to keep homeowners in their homes. The Governor's task force on non-traditional home loans has partnered with Univision to host call-in shows to reach Spanish-speaking homeowners and educate them on how to reduce their foreclosure risk. And Californians can call the HOPE hotline anytime at 888-95-HOPE.

Home foreclosures are at crisis levels. A startling report released by RealtyTrac, 1 in every 452 homes in the U.S. received a foreclosure notice in October causing home foreclosure activity to rise 25% up from one year ago.

It's no secret that foreclosures are up across the United States. But when Tracy Orr's house went up for auction this Saturday, an angel swept in to save her house from foreclosure.

“I wouldn't be surprised to see foreclosures increase as the economy slows down. The people living paycheck to paycheck are at risk if they lose their jobs. It will cause more people to lose their homes,” says Rick Sharga of RealtyTrac.

U.S. Housing and Urban Development Secretary Steve Preston has allocated $3.92 billion to state and local governments to help stabilize some of the countries hardest hit foreclosed areas.

Here is my mortgage nightmare. Like so many things in the Bush administration the full truth is not being told.

The Detroit News reports that this house in Detroit sold for only $1.00. What a real estate bargain.

Foreclosure Trackers, Inc., a one-stop foreclosure resource for investors of all levels, will present a workshop titled, “Defaulted Mortgages: Turning Foreclosures into Investment Income” on Saturday, Aug. 21 from 7:30 to 9:00 p.m.

The Harper family "Extreme Makeover" house has become a victim of the foreclosure crisis, according to reports on Monday.

Macon.Com is reporting Macon Mall faces foreclosure. Could this make the model of shopping center a history?

As foreclosures have soared by an astounding 120% in the past year, we ask if there is a light at the end of the housing market tunnel.