Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday.
Nov
05
News, Research & Insights for American Homeowners, Patriots & Constitutional Conservatives
Foreclosure News
- Foreclosure Declines in Seekonk in 2011 - Patch.com February 4, 2012Foreclosure Declines in Seekonk in 2011Patch.comBy Mike Gleason Both the number of started and completed foreclosures in Seekonk decreased in 2011, according to numbers released this week. Foreclosure petitions in Seekonk, which represent the start of the foreclosure process, were at 62 for 2010, ...and more » […]
- Why foreclosure investors are double-edged sword for economy - USA TODAY February 4, 2012USA TODAYWhy foreclosure investors are double-edged sword for economyUSA TODAYBy Diana Olick, CNBC.com The best and most expeditious way to clear the vast inventory of foreclosed properties weighing down today's housing market is to get more investors in and sell them these properties at bulk discounts. By Maxine Park, USA TODAY ...A Mortgage Tornado Wa […]
- Cleveland Habitat for Humanity reluctantly confronts foreclosure: John Habat - Plain Dealer February 4, 2012Plain DealerCleveland Habitat for Humanity reluctantly confronts foreclosure: John HabatPlain DealerCitywide, there have been more than 35000 foreclosures since 2005. The foreclosure crisis has now descended upon Cleveland's Habitat for Humanity. This is a disquieting reality. After all, we are an organization that celebrates homeownership and works ... […]
- Foreclosure Settlement Will Settle Nothing - TheStreet.com February 4, 2012USA TODAYForeclosure Settlement Will Settle NothingTheStreet.comBy Shanthi Bharatwaj 02/04/12 - 06:54 AM EST NEW YORK (TheStreet) -- A foreclosure settlement between the banks and the 50 states Monday, if it does finally happen, will likely not have the positive outcomes that investors have been hoping for.New York Sues 3 Big Banks Over Mortgage DatabaseNew […]
- Foreclosure sought for Someplace Else Bar and Grill - Wisconsin Rapids Tribune February 4, 2012Foreclosure sought for Someplace Else Bar and GrillWisconsin Rapids TribuneLawyers for Darnell Leffel, president of Structures Unlimited LLC in Stratford, filed the foreclosure complaint against bar owners Myron and Kimberly Keding of Spencer on Nov. 29. Ten days later, Leffel filed a separate but similar complaint seeking ...and more » […]
- Foreclosure Accord Said to Ensure Same Terms for All 50 States - BusinessWeek February 4, 2012eCreditDaily.comForeclosure Accord Said to Ensure Same Terms for All 50 StatesBusinessWeek4 (Bloomberg) -- Lenders including Bank of America Corp. and JPMorgan Chase & Co. and state attorneys general agreed to ensure that states signing a nationwide accord on foreclosures will be entitled to improved terms won later by states that opt out, ...HUD Secreta […]
- Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ... - Huffington Post February 4, 2012CBS LocalHomes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ...Huffington PostThe organizers of the group came together to save long-time neighbor Thomas German, a 72 year old veteran of the US Navy, from foreclosure action by Wells Fargo bank. Now, that spark has spread to a grassfire of foreclosure resistance that involves ...Cit […]
- Foreclosure lawyer probes left up to Florida Bar - Palm Beach Post February 4, 2012Palm Beach PostForeclosure lawyer probes left up to Florida BarPalm Beach PostBy Kimberly Miller The Florida Bar's investigations into foreclosure fraud by its members jumped 63 percent in the past year, but no disciplinary actions against attorneys have been levied since complaints began to mount in the fall of 2010.Florida Attorney General's Atte […]
- Even in Foreclosure-Plagued Nevada, Candidates are Sidestepping Housing Crisis - LoanSafe February 3, 2012Globe and MailEven in Foreclosure-Plagued Nevada, Candidates are Sidestepping Housing CrisisLoanSafe... want Republican candidates to address. There could be a good reason for that. While many in Washington note that Nevadans are contending with the worst foreclosure crisis in the nation, Washington programs haven't done much to correct Nevada's pr […]
- City Feels Foreclosure Effects - Wall Street Journal February 2, 2012City Feels Foreclosure EffectsWall Street JournalBy LAURA KUSISTO Foreclosures that have depressed property prices and caused the deterioration of single-family neighborhoods across the country have had similarly harmful ripple effects in New York City when apartment buildings are foreclosed, ...Foreclosures are contagious in NYC apartment buildings, tooThe […]