May 15, 2012

Group wants foreclosure fraud settlement money for affordable housing programs

The Florida Current
And that could include spending on beefing up law enforcement capabilities to fight foreclosure fraud, housing counseling, legal assistance, anti-blight programs and foreclosure mediation and assistance hotlines. “Anything that's housing-related,” ...


May 08, 2012

US Supreme Court to consider foreclosure case of Greenacres man

Palm Beach Post
An unassuming drywall hanger from Greenacres has banks warning of a "widespread financial crisis" if the Florida Supreme Court favors him in a landmark foreclosure case justices will hear this week...


May 13, 2012

The Foreclosure From Hell

Courthouse News Service
Nine condo residents claim Taser-toting private security guards burst into their homes at 3 am and assaulted them, forcing them into the street in their underwear, in a foreclosure the residents had never been ...


May 11, 2012

Foreclosure reform bill passes

KPUA
In a released statement, state lawmakers announced that House Bill 1875 HD2 SD2 CD1, which amends the mortgage foreclosure law to provide additional protections for Hawaii’s homeowners, passed its final floor vote Tuesday before the full House and Senate...


May 08, 2012

Foreclosures held steady in March

Los Angeles Times
The number of US homes struggling through foreclosure held steady in March but fell from a year earlier, new data show, indicating that the huge wave of foreclosures that some housing experts keep predicting isn't even a whitecap ...


May 06, 2012

High Price of Foreclosure: Your Marriage

Huffington Post
Nevada has the nation's highest foreclosure rates. In December, 2011, one out of every 177 homes was undergoing foreclosure. It's also true that Nevada has the highest divorce rate in the United States. We don't need a study to know that many divorces ...


May 2, 2012

Who owns that dirty, foreclosed house? It's complicated

Sun-Sentinel
In the tsunami of South Florida home foreclosures, there's an additional complication for authorities trying to deal with neighborhood squalor. It's often hard to determine exactly who owns a house and is legally responsible for maintaining it...


May 1, 2012

A foreboding sign of looming foreclosures

New York Post
“There are lots of reasons to move to foreclosure, because as a servicer you have a lot of control over whether you decide to modify the loan or not,” said attorney Diane Thompson of the National Consumer Law Center. A Housing and Urban Development ...


April 30, 2012

Housing downturn spurs boom in foreclosure-to-rental conversions

Chicago Daily Herald
Another 717874 properties are in the foreclosure process but have not yet been repossessed. In February, the federal agency that oversees government-backed mortgage giants Fannie Mae and Freddie Mac announced its intention to hold bulk sales of about ...


April 20, 2012

Kamala D. Harris oped: California needs a Homeowner Bill of Rights

Long Beach Press-Telegram
Last year, in Los Angeles County alone, there were more than 65000 foreclosures - 1 out of every 22 homes was in the foreclosure process. Today, more than half a million California families find themselves in the foreclosure pipeline...


April 19, 2012

Follow-up: What rights do renters have during evictions?

Bakersfield Now
A federal law passed in 2009 requires tenants to get 90 days notice of eviction in the case of rental properties that go into foreclosure. The investor stresses renters must respond to a new property owner, and he agrees tenants need good legal advice...


April 18, 2012

Coakley pushes for law offering mortgage aid

Boston.com
The legislation sponsored by Coakley would force lenders to study certain loans before foreclosure and offer workouts if they find that offering a loan modification would be more profitable than a foreclosure. The requirement would apply to homeowners ...


April 17, 2012

Protester in foreclosure case charged in scuffle at St. Paul law firm

Pioneer Press
Police had warned the St. Paul law firm of Reiter and Schiller that protesters might target their building. Attorney Becky Schiller knew why: She represented the Federal Home Loan Mortgage Corp., known as Freddie Mac, in a foreclosure case involving a North Minneapolis home-owner. But she didn't expect the protest to end with one of her employees injured and criminal charges filed against the alleged perpetrator. Anthony Newby, 37, of Minneapolis was charged April 10 in Ramsey County District Court with fifth-degree assault and trespassing. The charges are misdemeanors. "I will say that not only am I innocent, but the charges are pretty ridiculous, and I look forward to defending them," Newby said....


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