As Libor Fault-Finding Grows, It Is Now Every Bank for Itself

Foreclosure News

• Consumers surprised to hear of foreclosure on mall's property - Aiken Standard May 19, 2013
  Consumers surprised to hear of foreclosure on mall's propertyAiken StandardA number of consumers, some who visit the mall on a fairly routine basis, weren't aware of Friday's announcement that Aiken Mall Acquisition LLC, which owns the property at the Aiken Mall, has been foreclosed upon and owes approximately $28.5 million ...and more » […]
• Experts: Foreclosure provides needed properties - Enid News & Eagle May 19, 2013
  Experts: Foreclosure provides needed propertiesEnid News & EagleOKLAHOMA CITY — A projected increase in scheduled foreclosure auctions in Oklahoma will provide an infusion of much-needed properties in a tight inventory market, according to industry experts. According to the RealtyTrac data firm's latest Oklahoma ... […]
• Taxpayers foot the bill for bank foreclosure costs in $1 billion homeowner ... - Palm Beach Post May 19, 2013
  Taxpayers foot the bill for bank foreclosure costs in $1 billion homeowner ...Palm Beach PostBanks are getting tens of millions of taxpayer dollars through Florida's key foreclosure prevention program to pay down borrower debt, but are also using the money to pay off their own attorney's fees and other costs associated with taking back people ... […]
• Fannie Mae, Freddie Mac Cancel Appearance At Metro Detroit Foreclosure ... - Huffington Post May 18, 2013
  Fannie Mae, Freddie Mac Cancel Appearance At Metro Detroit Foreclosure ...Huffington PostOfficials from the mortgage financing giants Fannie Mae and Freddie Mac have withdrawn from a Detroit event where homeowners are set to talk about the impact foreclosures have had on their lives and communities. The group Detroit Eviction Defense ...Fannie Mae Snubs Detr […]
• Kennedy: No money for foreclosure mediator - Daily Item May 18, 2013
  Kennedy: No money for foreclosure mediatorDaily ItemLYNN — Mayor Judith Flanagan Kennedy said there is no money in the city budget she is crafting to pay for a new foreclosure mediation program the City Council approved over her objections. "I cannot afford a mediator - the council can find money out ... […]
• How Foreclosure Undermined Black and Brown Wealth - The Root - The Root May 18, 2013
  Progress IllinoisHow Foreclosure Undermined Black and Brown Wealth - The RootThe RootThis foreclosure tidal wave is why wealth for blacks and Latinos is at the lowest level ever recorded. Housing is the leading wealth asset for these two communities. Read Imara Jones' entire piece at Colorlines. The Root aims to foster and advance ...Colorlines: New Rep […]
• The tale of 'Elevate Chicago' and foreclosure blight in the neighborhoods - Chicago Tribune May 18, 2013
  The tale of 'Elevate Chicago' and foreclosure blight in the neighborhoodsChicago TribuneThirty-six thousand one hundred and twenty-three. That's the number of properties in Chicago listed last week in some stage of mortgage foreclosure. This is a disaster. This is a crisis. And though you wouldn't know it from the amount of news coverage […]
• Man Fights to Save Home From Foreclosure, Despite Payments - ABC News May 17, 2013
  Man Fights to Save Home From Foreclosure, Despite PaymentsABC NewsMan Fights to Save Home From Foreclosure, Despite Payments. Wells Fargo bank says Etienne Syldor's payments didn't follow its mortgage modification guidelines. 01:18 | 05/17/2013. Share: Transcript for Man Fights to Save Home From Foreclosure, ... […]
• Wells Fargo Postpones Some Foreclosure Sales After OCC Guidance - Bloomberg May 17, 2013
  American Banker (subscription)Wells Fargo Postpones Some Foreclosure Sales After OCC GuidanceBloombergWells Fargo & Co. (WFC), the biggest U.S. home lender, halted some foreclosure sales until it can understand new federal guidelines on seizures sent to the nation's large and mid-sized banks. The rules from the Office of the Comptroller of the Curre […]
• Foreclosure, finally, for the Shore Club in South Beach - MiamiHerald.com May 17, 2013
  MiamiHerald.comForeclosure, finally, for the Shore Club in South BeachMiamiHerald.comYears after the process started, a final judgment of foreclosure was entered Monday against the owners of the Shore Club on Miami Beach. Once a celebrity hangout, the hotel at 1901 Collins Ave. struggled during the recession and failed to recover its ...South Beach's Sh […]