Posts Tagged ‘Victims’

$1 billion in aid coming to Maryland foreclosure victims – Baltimore Sun

KGMI $1 billion in aid coming to Maryland foreclosure victimsBaltimore SunA federal judge finalized on Thursday a landmark settlement that will bring nearly $1 billion in aid to Maryland homeowners who were victims of deceptive and illegal foreclosure practices. The settlement, for $25 billion in total, was first reached in …'Homeowner Bill of Rights' would [...]

Victims fund in state’s control – Atlanta Journal Constitution

Victims fund in state's controlAtlanta Journal ConstitutionAdvocates for defrauded homeowners, neighborhoods crowded with foreclosures and the home-building industry are calling on legislators to use the windfall for its intended purpose: helping victims of fraud. “It is both the right thing to do and the …and more » View full post on foreclosures – Google News

Faces of foreclosure on Long Island: Villains, victims may not be as you imagine – Examiner.com

Faces of foreclosure on Long Island: Villains, victims may not be as you imagineExaminer.comCould the wave of foreclosures on Long Island be connected? After all, why would a bank prefer to evict a family and take over real estate which would be sold at auction at a fraction of value? Why wouldn't a bank, which [...]

Foreclosure Law Firm That Mocked Victims Closing – ABC News

ABC News Foreclosure Law Firm That Mocked Victims ClosingABC NewsThe foreclosure process has been replete with horror stories about astonishing practices and ridiculous mistakes banks have made while seizing residences of delinquent mortgagees. (Getty Images) One of the major law firms …Foreclosure Firm Steven J. Baum to Close DownNew York Times (blog)Foreclosure firm's collapse could [...]

Real Estate | Lenders begin independent foreclosure review, victims of … – Myrtle Beach Sun News

Real Estate | Lenders begin independent foreclosure review, victims of …Myrtle Beach Sun NewsFormer property owners who were foreclosed on may have some recourse, and receive compensation from their lender, if their foreclosure was flawed. A nationwide independent foreclosure review, required by an Office of the …and more » View full post on foreclosures – Google [...]

Foreclosure victims get new help from feds – CBS News

Los Angeles Times Foreclosure victims get new help from fedsCBS NewsVictims of wrongful foreclosures are finally getting a way to fight back. A year and a half after it was first announced, enforcement action is finally being taken against the 14 largest mortgage servicers in the country. The Office of the Comptroller …Millions May Have [...]

Independent foreclosure review: Feds offer help to foreclosure victims – CBS News

Los Angeles Times Independent foreclosure review: Feds offer help to foreclosure victimsCBS NewsVictims of wrongful foreclosures are finally getting a way to fight back. A year and a half after it was first announced, enforcement action is finally being taken against the 14 largest mortgage servicers in the country. The Office of the Comptroller …Reviews [...]

Victims of improper foreclosure practices can submit claims – Los Angeles Times

AFP Victims of improper foreclosure practices can submit claimsLos Angeles Times(Joe Raedle, Getty Images / November 2, 2011) By Alejandro Lazo, Los Angeles Times Aggrieved homeowners ensnared by a foreclosure system riddled with misconduct and error are set to get their first shot at winning some cash back from the banks. …Foreclosure reviews may aid [...]

Foreclosure victims not all deadbeats, report says – San Francisco Chronicle

Foreclosure victims not all deadbeats, report saysSan Francisco ChroniclePopular wisdom holds that people who lose their homes to foreclosure must be irresponsible deadbeats who can't handle money. But a new study shows that many homeowners who defaulted on their mortgages during the economic downturn subsequently proved to … View full post on foreclosures – Google [...]

Banks to Pay Victims of Botched Foreclosures in Settlement With Regulators – Bloomberg

Los Angeles Times Banks to Pay Victims of Botched Foreclosures in Settlement With RegulatorsBloombergs first-quarter profit, the outlook for financial stocks and an agreement by the 14 largest US mortgage servicers to pay back homeowners for losses from foreclosures or loans that were mishandled in the wake of the housing collapse. …Foreclosure report finds bank [...]