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Foreclosure News

• Banks miss standards set under foreclosure settlement, monitor says - OregonLive.com June 19, 2013
  WCNCBanks miss standards set under foreclosure settlement, monitor saysOregonLive.comThe settlement announced in February 2012 required participating banks -- Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo -- to make $25 billion in payments to previously foreclosed homeowners, payments to participating states and aid ...NOTICE OF MORTGAGE F […]
• Detroit couple saves home from foreclosure by writing erotic novels - New York Daily News June 19, 2013
  New York Daily NewsDetroit couple saves home from foreclosure by writing erotic novelsNew York Daily NewsIt's "Fifty Shades of Pay" for this Detroit couple — who saved their family home from foreclosure by cranking out sexy e-novels. Last year, Jack and Jasinda Wilder were just weeks away from living on the streets when they decided to get dow […]
• Colorado foreclosure filings dive 50 percent in May - Denver Post June 19, 2013
  Colorado foreclosure filings dive 50 percent in MayDenver PostFor the first five months of the year combined, from January through May, foreclosure filings were down 43.4 percent in 2013 when compared to the same period in 2012, according to the report released Wednesday by the Colorado Division of Housing.Foreclosure filings down by half in Colorado urban c […]
• Steal this Massachusetts Town's Toughest New Foreclosure Prevention Ideas - Keystone Politics June 19, 2013
  Steal this Massachusetts Town's Toughest New Foreclosure Prevention IdeasKeystone PoliticsThis week, the city of Lynn, Massachusetts, northeast of Boston, began to implement what may be the strongest foreclosure ordinance in the country. For starters – as is already the case across some states, but not Massachusetts – banks must engage in ...and more » […]
• Federal Grants Help Vermonters Avoid Foreclosure - Vermont Public Radio June 19, 2013
  Federal Grants Help Vermonters Avoid ForeclosureVermont Public RadioTwo Vermont community action agencies have won federal grants to help advise people on meeting their housing needs and avoiding foreclosures. The Central Vermont Community Action Council and Bennington-Rutland Opportunity Council will help ...and more » […]
• Meet the Nation's Toughest New Foreclosure Protection Law - The Atlantic Cities June 19, 2013
  Meet the Nation's Toughest New Foreclosure Protection LawThe Atlantic CitiesVacant, foreclosed homes are a particularly illogical problem. The former owners who likely could have paid rent to stay in them have been kicked out. The banks that booted them make no money on all that empty space as it winds through the lengthy ... […]
• Foreclosures fall to nearly 7-year low - U-T San Diego June 19, 2013
  Foreclosures fall to nearly 7-year lowU-T San DiegoSan Diego County foreclosures have plummeted to a nearly seven-low year -- in light of rising home values, the effects of government intervention and new protections for California consumers, said real estate tracker DataQuick on Tuesday. A total of ... […]
• Bank of America rewarded staff for pushing people into foreclosure - AMERICAblog (blog) June 18, 2013
  Bank of America rewarded staff for pushing people into foreclosureAMERICAblog (blog)Bank of America is facing a class-action suit from homeowners for allegedly attempting to force people into foreclosure, on purpose. The suit alleges that Bank of America employees were actually rewarded for finding ways to push homeowners into ...Bank Of America Paid Foreclo […]
• Losing Your House To Foreclosure Doesn't Necessarily Mean You No Longer ... - The Consumerist June 18, 2013
  ValueWalkLosing Your House To Foreclosure Doesn't Necessarily Mean You No Longer ...The ConsumeristThere's a commonly held notion that losing one's home to foreclosure is the final act in a sad drama, that the homeowner has hit bottom and has nowhere to go but up. But thousands of foreclosed-upon homeowners are finding out, years after turning […]
• New Home Construction Booms as Foreclosure Filings Rise - NBC Southern California June 18, 2013
  NBC Southern CaliforniaNew Home Construction Booms as Foreclosure Filings RiseNBC Southern CaliforniaIn recent months, the Inland Empire real estate market has been steadily improving. Duane Koerner says there is so much construction work, he's having trouble finding workers for all the jobs. However, according to foreclosure company RealtyTrac, ... […]