Foreclosure News

• Dallas-Fort Worth home foreclosure postings down almost 40 percent this year - Dallas Morning News May 22, 2013
  Dallas Morning NewsDallas-Fort Worth home foreclosure postings down almost 40 percent this yearDallas Morning NewsSo far in 2013, Dallas-Fort Worth area home foreclosure filings have dropped almost 40 percent from the first six months of 2012. And the number of homes threatened for forced sale by lenders next month is 43 percent below levels from a year ago. […]
• Wednesday at 6 pm: The struggles of children in families facing foreclosure - First Coast News May 22, 2013
  First Coast NewsWednesday at 6 pm: The struggles of children in families facing foreclosureFirst Coast NewsJACKSONVILLE, Fla. -- For children, it may be difficult to understand the challenges of foreclosure: A new home, potentially a new school and new friends, leaving all that they may have known and loved in their old home behind them. Wednesday at 6 p.m . […]
• Waypoint Files for Latest Foreclosure-to-Rental IPO - Wall Street Journal (blog) May 21, 2013
  Wall Street Journal (blog)Waypoint Files for Latest Foreclosure-to-Rental IPOWall Street Journal (blog)As Waypoint notes in Tuesday's filing, there were 4.1 million completed foreclosures between September 2008 and 2012, presenting an unprecedented opportunity for investors—particularly private equity and hedge funds—looking for higher yields that ...an […]
• Wells Fargo, Chase slow foreclosure sales, while Bank of America continues - Austin Business Journal May 21, 2013
  American Banker (subscription)Wells Fargo, Chase slow foreclosure sales, while Bank of America continuesAustin Business JournalThree large banks have nearly halted foreclosure sales while making sure they are meeting revised standards on how troubled homeowners are to be treated. Staff Austin Business Journal. Wells Fargo & Co., JPMorgan Chase & Co. […]
• Homeowners receive nearly $2B in foreclosure settlement - Chicago Sun-Times May 21, 2013
  Homeowners receive nearly $2B in foreclosure settlementChicago Sun-TimesLast year, the Attorney General's office participated in a $25 billion nationwide settlement to address “allegations of widespread robo-signing” of foreclosure documents and “other fraudulent practices banks employed while servicing loans of struggling ...Illinois Homeowners Receive […]
• AG Kilmartin: $150 million in foreclosure settlement relief sent to R.I. borrowers - The Providence Journal May 21, 2013
  AG Kilmartin: $150 million in foreclosure settlement relief sent to R.I. borrowersThe Providence Journalkilmartin_80a.jpg PROVIDENCE, R.I. -- As of March 31, more than $150 million in relief has been delivered to 2,064 Rhode Island borrowers under last year's landmark foreclosure-abuses settlement with five of the nation's largest lenders, accordin […]
• 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 ... […]
• Wells Fargo, Chase nearly halt foreclosure sales - Denver Business Journal (blog) May 21, 2013
  RealtyBizNewsWells Fargo, Chase nearly halt foreclosure salesDenver Business Journal (blog)two of Colorado's biggest banks -- have nearly halted foreclosure sales after federal regulators revised orders on how troubled borrowers were to be treated before losing their homes. Citibank Inc. is another big lender that has greatly slowed sales of ...Citibank […]
• Foreclosure Fraud Failures Come To A Head In Justice Department Protest - ThinkProgress May 20, 2013
  Press TVForeclosure Fraud Failures Come To A Head In Justice Department ProtestThinkProgressFrustration with the failed execution of various weakly-constructed legal settlements stemming from widespread foreclosure fraud bubbled over today into a protest at Justice Department headquarters that culminated in homeowners being arrested.Occupy Wall Street Challe […]
• 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 […]