Posts Tagged ‘Boston’

Bank of America testing mortgage-to-lease program – Boston Herald

Los Angeles Times Bank of America testing mortgage-to-lease programBoston HeraldBy Kenneth R. Harney / The Nation's Housing WASHINGTON — If you're seriously underwater and headed to foreclosure, what would you say if the lender suddenly offered you the chance to remain in your home as a tenant for an extended period plus have …BofA Tests [...]

AG aims to curb pace of Mass. foreclosures – Boston Herald

Los Angeles Times AG aims to curb pace of Mass. foreclosuresBoston HeraldBy Ira Kantor While a new report showed the pace of foreclosure activity more than doubled in February, the state's top law enforcement officer said yesterday that a $25 billion national bank settlement, loan-modification legislation and appeals to …Insight:The Wall Street gold rush in [...]

Foreclosure accord is a key step toward homeowners’ relief, banks’ accountability – Boston Globe

Foreclosure accord is a key step toward homeowners' relief, banks' accountabilityBoston Globe13 op-ed “Who loses in foreclosure settlement?'' trumpets the standard criticisms of this effort to provide lawful loan servicing. He fails to acknowledge any of the settlement's benefits, and makes no alternative suggestions on mitigating the …Foreclosure crisis continues to weigh on US economyWorcester [...]

Lawmakers hear pushback on foreclosure protection bill – Boston Herald

Lawmakers hear pushback on foreclosure protection billBoston HeraldBy Kyle Cheney / State House News Service Homeowners facing foreclosure should have a day in court before banks cast them out of their homes, advocates argued Wednesday, calling on lawmakers to make Massachusetts the last New England state that … View full post on foreclosures – Google [...]

Who maintains foreclosures? – The Boston Globe

The Boston Globe Who maintains foreclosures?The Boston GlobeThe two companies have resisted efforts to staunch the flow of foreclosures and turn the country's hobbled housing market around. Now, they're in court, waging an absurd fight against the notion that they should have to maintain the homes they seize. …Federal Government Needs to Send a Clearer [...]

Mass. foreclosures surge 70 percent in Nov. – Boston Herald

Providence Business News Mass. foreclosures surge 70 percent in Nov.Boston HeraldBy Ira Kantor Foreclosures in Massachusetts rose more than 70 percent in November from the same time last year, a real estate tracker reported today. A total of 714 foreclosure deeds were recorded last month, up from 418 deeds in November 2010. …Mass foreclosure backlog [...]

Foreclosure rates in Greater Boston fell in September – Boston Business Journal

OregonLive.com Foreclosure rates in Greater Boston fell in SeptemberBoston Business JournalThe number of homes seized by foreclosure fell in September compared to the same period last year, according to newly released data from CoreLogic . Data reveals that the rate of Boston-Quincy area foreclosures among outstanding mortgage loans was 1.93 …Starts: Portland-area foreclosure rate 2.52% [...]

Massachusetts foreclosures pick up again – Boston Business Journal

Massachusetts foreclosures pick up againBoston Business JournalForeclosures in Massachusetts picked up pace again in October, after a nearly year-long slow down, according to real estate tracker The Warren Group , which publishes the Banker & Tradesman. During the past year, foreclosures have slowed dramatically …Foreclosures increase in Mass.The Boston GlobeMass. foreclosures rise in OctoberBoston HeraldFollowing [...]

Coakley targets foreclosures – The Boston Globe

The Boston Globe Coakley targets foreclosuresThe Boston Globe“The single biggest thing we can do to spur economic recovery is to address the foreclosure crisis,'' Coakley said. Attorney General Martha Coakley, calling the foreclosure crisis a key challenge to the state's economic recovery, …Coakley: proposed law would help lower number of foreclosuresBoston.comall 22 news articles » View [...]

SJC puts foreclosure sales in doubt – Boston Globe

SJC puts foreclosure sales in doubtBoston GlobeThey are left with no easy recourse; among their options are to sue the lender behind the botched foreclosure or “reforeclose'' on the prior owner. “It leaves us nowhere,'' said Edward M. Bloom, president of the Real Estate Bar Association for …State Rules on ForeclosureWall Street JournalMass. court rules [...]