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Foreclosure News

• 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Detroit Foreclosure ...Huffington PostOfficials from the mortgage financing giants Fannie Mae and Freddie Mac have withdrawn from a Detroit event where homeowners are set to talk about the impact foreclosures have had on their lives and communities.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 […]
• Frehley, Former KISS Rocker, Fights Foreclosure on Yorktown Home - Patch.com May 18, 2013
  Frehley, Former KISS Rocker, Fights Foreclosure on Yorktown HomePatch.comAlthough he has paid overdue property taxes on his home at 1347 Spring Valley Road, he is facing a June 11 foreclosure conference at the Westchester County Court in White Plains, the paper reported. In February, U.S. Bank National Association claimed ... […]
• 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 […]
• Fussing over how Texas will spend $134M in foreclosure funds - Austin Business Journal (blog) May 17, 2013
  Fussing over how Texas will spend $134M in foreclosure fundsAustin Business Journal (blog)It appears lawmakers plan to use $134 million that the state received as part of the 2012 National Mortgage Settlement for general state funding instead of using the settlement money for its intended use of preventing foreclosures and ameliorating ... […]
• State's foreclosure scene still in crisis despite dip in filings, says Policy ... - Business First of Columbus (blog) May 17, 2013
  State's foreclosure scene still in crisis despite dip in filings, says Policy ...Business First of Columbus (blog)The study, based on state Supreme Court data, found new foreclosure filings dropped 1.5 percent to 70,469 in 2012 from 71,556 the prior year. Last year's level was well below Ohio's foreclosures peak of 89,061 in 2009, but it still […]
• 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
  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 Currency ... […]
• Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny - American Banker (subscription) May 17, 2013
  American Banker (subscription)Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up ScrutinyAmerican Banker (subscription)The abrupt slowdown came in response to the OCC's April release of minimum standardsfor foreclosure sales, which are usually the final act in the foreclosure process. The Federal Reserve issued identical guidance to the banks it […]
• 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 […]