Fannie Mae Freddie Mac to Sell Foreclosed Homes in Bulk to Hedge Funds

Foreclosure News

• Foreclosure Reports Highlight Racial Disparity - Seattle Weekly (blog) May 21, 2013
  Foreclosure Reports Highlight Racial DisparitySeattle Weekly (blog)Last week, we wrote about a campout to stop South Park homeowner Jeremy Griffin from being evicted after a foreclosure. As we noted, the housing crisis may be officially over, but foreclosures keep happening. Two new reports make that point as well ... […]
• Illinois Homeowners Receive $1.8 Billion in Relief from National Foreclosure ... - eNews Park Forest May 21, 2013
  Illinois Homeowners Receive $1.8 Billion in Relief from National Foreclosure ...eNews Park ForestChicago--(ENEWSPF)--May 21, 2013. Attorney General Madigan today reported Illinois homeowners have received more than $1.8 billion in relief under the national foreclosure settlement, according to the latest independent monitor report. Madigan ...Report shows Nat […]
• Habitat for Humanity, Manassas family transform foreclosure into 'dream come true' - Inside NoVA May 21, 2013
  Habitat for Humanity, Manassas family transform foreclosure into 'dream come true'Inside NoVA“We purchase foreclosed homes and then sell them at cost to residents in our community who are in need of affordable, decent housing,” Traci DeGroat, president and CEO of Habitat for Humanity of Prince William County, Manassas and Manassas Park said.and mor […]
• Wells Fargo slows foreclosure sales, BofA not so much - Orlando Business Journal (blog) May 21, 2013
  American Banker (subscription)Wells Fargo slows foreclosure sales, BofA not so muchOrlando Business Journal (blog)Three large banks have nearly halted their foreclosure sales while they make sure they are meeting revised standards on how troubled homeowners are to be treated. Staff Orlando Business Journal. Wells Fargo & Co., JPMorgan Chase & Co. and […]
• D-FW home foreclosures down almost 40 percent this year - Dallas Morning News (blog) May 21, 2013
  Dallas Morning News (blog)D-FW home foreclosures down almost 40 percent this yearDallas Morning News (blog)So far in 2013, Dallas-Fort Worth area home foreclosure filings have dropped by almost 40 percent from where they were in the first six months of 2012. And the number of homes threatened for forced sale by lenders next month is 43 percent below year ... […]
• The Foreclosure Defense Team at the McCann Law Group LLP dba Consumer ... - Newsday May 21, 2013
  The Foreclosure Defense Team at the McCann Law Group LLP dba Consumer ...NewsdayConsumer Attorney Services appointed Tarah Seabre as supervising attorney in May to help improve the working efficiency of its national foreclosure defense team. Having worked with residential foreclosures for over two years, Seabre represented just ...and more » […]
• Occupy Wall Street Challenges DOJ On Foreclosure Crisis - Forbes May 21, 2013
  Press TVOccupy Wall Street Challenges DOJ On Foreclosure CrisisForbesThe occupation is still going strong. Here's what the front of the Department of Justice I don't know if Occupy Wall Street has been quiet lately or if I have just not been paying attention. Nonetheless, they have something going on right now. The OWS ...Foreclosure Fraud Failures […]
• New program to help some struggling homeowners avoid foreclosure - kdvr.com May 20, 2013
  New program to help some struggling homeowners avoid foreclosurekdvr.comDENVER — In Late March, the Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will offer struggling homeowners an easier way to stay in their homes. The program, known as the Streamlined Modification Program, will take effect ... […]
• State to boost counseling for homeowners facing foreclosure - The Star-Ledger - NJ.com May 20, 2013
  The Star-Ledger - NJ.comState to boost counseling for homeowners facing foreclosureThe Star-Ledger - NJ.com“This funding is critically needed to help families facing foreclosure find the right solution,” said HMFA Executive Director Anthony L. Marchetta in a statement. “This money enables HMFA and its participating housing counseling agencies to continue to […]
• New program to help prevent foreclosure - WOOD-TV May 20, 2013
  Mlive KalamazooNew program to help prevent foreclosureWOOD-TVThe Michigan State Housing Development Authority (MSHDA) Step Forward Michigan Faith Partnership campaign is designed to engage clergy, congregants and leaders of all religions in the fight against home foreclosure. It also promotes awareness that ...Foreclosure fear? Grand Rapids pastors to pitch […]