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Reuters Foreclosures slow but housing market still hurtingReutersWASHINGTON, March 31 (Reuters) – Home foreclosures slowed in the fourth quarter, but that is likely to be a brief reprieve once banks move more aggressively back into this area following a review of their mortgage servicing practices, …US Mortgage Program Has Half the Defaults of Other Plans, [...]
Foreclosures offer new twist on old game: flipping housesKansas City StarMYRTLE BEACH, SC – What started as a hobby for Keith Gamble is now a risky, exciting, full-time job: buying properties at the monthly foreclosure sale and flipping them. Gamble, and others like him, are a new generation of property …Foreclosures offer new twist on [...]
Acorn has been helping illegal aliens receive home loans for years. Finally the media is catching on that the government is complicit in helping the loans to go through.
Politico Sen. Franken pushes to create office to help homeowners avoid foreclosureCoon Rapids ECM PublishersWashington, DC — Families who face foreclosure but believe their mortgage services are breaking the rules could have a new place to turn for help, thanks to legislation reintroduced today (Wednesday, March 30) by US Sens. Al Franken (D-Minn. …Feds fall [...]
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Sify In Foreclosure Settlement Talks With Banks, Predictions of a Long ProcessNew York TimesAn attempt at changing foreclosure rules began after banks were shown to be violating rules as they pursued evictions. The nation's top mortgage servicers met Wednesday in Washington with the attorneys general from five states as …Talks to settle foreclosure probes could [...]
In this video, Chairman Ted Kaufman of the TARP Congressional Oversight Panel introduces the COP November report, “Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation.” The full report is available online at cop.senate.gov
Christian Science Monitor Housing market: Which state faces biggest foreclosure risks? New Jersey.Christian Science MonitorFlorida is among the states most at-risk to face foreclosures, but it's not at the top of the list. By Mark Trumbull, Staff writer / March 30, 2011 A gauge of housing-market distress is showing some improvement, but it remains at [...]
Politico Feds fall short on mortgage aidSan Jose Mercury NewsThe effort has failed to stanch a rising tide of foreclosures and a decline in home prices, which have fallen for six straight months and are now just barely above their recession low, according to a key index updated Tuesday. All of this threatens the …Homeowner [...]