Foreclosure News

• Schneiderman commends Assembly for passing foreclosure relief bills - Niagara Frontier Publications May 23, 2013
  Afro AmericanSchneiderman commends Assembly for passing foreclosure relief billsNiagara Frontier PublicationsThe Foreclosure Fraud Prevention Act (A. 10629) is a program bill proposed by Schneiderman that would impose criminal penalties on residential mortgage lenders, servicers and their agents who intentionally engage in fraudulent or deceptive conduct in […]
• Better Life | Banks slow down foreclosure pace in Louisville - The Courier-Journal May 23, 2013
  Better Life | Banks slow down foreclosure pace in LouisvilleThe Courier-JournalHome lenders are filing to begin the foreclosure process at the same rate this year as in 2012 and 2011 in Louisville. What is new is that more than half of all foreclosure sales are being canceled before they get to the auction block. This slower rate ... […]
• Charlotte foreclosure rate drops in March - Charlotte Observer May 23, 2013
  HNN Huntingtonnews.netCharlotte foreclosure rate drops in MarchCharlotte ObserverThe foreclosure rate in the Charlotte area fell in March from the same month last year and was below the national rate, according to a report released Thursday by CoreLogic. But the Charlotte rate was higher than North Carolina's for the month. The ...Seacoast foreclosure r […]
• West Sacramento homeowner uses new state law to stop foreclosure - Sacramento Bee May 23, 2013
  West Sacramento homeowner uses new state law to stop foreclosureSacramento BeeA West Sacramento man is among the first in the state to use California's new Homeowner Bill of Rights to stop a bank from foreclosing on his home, and experts say the case marks a shift in a legal system that has traditionally favored lenders. Kevin ... […]
• Foreclosure of Brennan's restaurant in the French Quarter is temporarily ... - NOLA.com May 23, 2013
  Foreclosure of Brennan's restaurant in the French Quarter is temporarily ...NOLA.comBrennan's restaurant in the French Quarter has been pulled off the auction block after a judge on Wednesday called for a temporary halt to foreclosure proceedings against the beleaguered Royal Street eatery. Orleans Parish Civil District Court Judge ...and more » […]
• Oregon House votes to extend foreclosure mediation - kgw.com May 23, 2013
  Oregon House votes to extend foreclosure mediationkgw.comSALEM, Ore. (AP) — The Oregon House has voted to extend a requirement that some mortgage lenders meet with struggling borrowers and a professional mediator before initiating foreclosure proceedings. The mediation requirement was first adopted last ...Oregon House expands foreclosure mediation program; […]
• Wasted wealth – The ongoing foreclosure crisis that never had to happen - The Hill (blog) May 23, 2013
  Wasted wealth – The ongoing foreclosure crisis that never had to happenThe Hill (blog)Communities of color were targeted for subprime and riskier products, and as a result have seen higher rates of foreclosure in their neighborhoods. Data show that people of color tend to hold more of their equity in real estate, adding to the impact ... […]
• Denver judge closes foreclosure; law's fate rests in federal court - Denver Post May 22, 2013
  Denver judge closes foreclosure; law's fate rests in federal courtDenver Post(Joe Amon, The Denver Post). A Denver judge this week rescinded his order authorizing the county foreclosure auction of an Aurora woman's house, paving the way for the banks she sued in federal court to press for the suit's dismissal. The legal ... […]
• Foreclosure Victims Protesting Wall Street Impunity Outside DOJ Arrested, Tasered - Truth-Out May 22, 2013
  Foreclosure Victims Protesting Wall Street Impunity Outside DOJ Arrested, TaseredTruth-OutHundreds of foreclosed homeowners and housing rights activists rallied outside the Justice Department on Monday, May 20, to demand that Attorney General Eric Holder prosecute the Wall Street bankers responsible for the financial collapse and ... […]
• Survey: The Number of Americans in Foreclosure Down 25 Percent - U.S. News & World Report (blog) May 22, 2013
  U.S. News & World Report (blog)Survey: The Number of Americans in Foreclosure Down 25 PercentU.S. News & World Report (blog)The number of Americans in the foreclosure process has fallen by nearly 25 percent in the past year. As home prices rise and sales pick up, the housing crisis is increasingly becoming a distant memory as the United States recove […]