Federal Funds for Housing Counseling Run Out Amid Rising Foreclosures
New York, NY- For homeowners facing foreclosure housing counseling can be a blessing and allow them to save their homes, but federal funds for the service are running out.
New York, NY- For homeowners facing foreclosure housing counseling can be a blessing and allow them to save their homes, but federal funds for the service are running out.
Atlanta, GA- Recent reports have said that the large number of distressed homes is dragging down the price of homes. But a new study conducted by the Federal Reserve Bank of Atlanta shows that foreclosures don’t have an adverse effect on housing ...
Deland, FL- While Olympic swimmer Ryan Locthe is winning gold in London his parents are facing challenges of their own as they struggle to save their Florida home from foreclosure, according to TMZ who broke the story.
Washington, D.C. – U.S. regulators have extended the deadline for review of foreclosures conducted between 2009 and 2010.
Helena, MT- Montana’s Attorney General Steve Bullock announced that the state’s portion of the national foreclosure settlement will go towards programs aimed at preventing foreclosure.
Washington, D.C. – The U.S. Treasury faced off with Fannie Mae and Freddie Mac regulator Edward DeMarco over principal reductions as way to give foreclosure relief to a large number of homeowners.
Denver, CO- Pro-golfer David Duval was at the top of his game at one point. He was Tiger wood’s leading contender and made millions on the PGA circuit, but now he is facing foreclosure on a lavish mansion he owns in an upscale Colorado neighborho ...
New York, NY- Last week Realty Trac released the latest data showing that metropolitan foreclosure were up, and warned that negative home equity could lead to even more foreclosures.
The Massachusetts Senate and House passed a bill that will give added protections to homeowners facing foreclosure in the state and are waiting the Governor’s signature.
For the first half of 2012, large metropolitan areas have experienced a 60 percent increase in foreclosure filings.
Trenton, NJ- Foreclosures in New Jersey are on the rise and homeowners are increasingly being exploited by “foreclosure consultants” who offer assistance, but instead take a person’s money and do nothing. Now, lawmakers in New Jersey have introdu ...
Sacramento, CA- There are signs that California is recovering from the housing crisis as new data, released Monday, showed that foreclosures in the state have dropped to the lowest rate since 2007.
Chicago, IL- Rapper Common, who controversially made a visit to the White House, is now about to lose his Chicago apartment to foreclosure.
New York, NY- In an ironic twist, many banks and mortgage servicers which have reposed millions of homes are now facing a foreclosure crisis.
New York, NY- Since the collapse of the housing market, 1.5 million American seniors have lost their homes to foreclosure, according to a new study by the AARP.
New York, NY- The foreclosure crisis has far reaching affects but a new study shows that it has a stunning connection to the increase of child abuse cases.
Los Angeles, CA- The city of Los Angeles has filed a lawsuit against US Bank accusing the country’s fifth largest mortgage lender of being a slumlord by allowing hundreds of homes to fall into disrepair.
McKinney, TX- Federal prosecutors have accused four Texas residents and one Brit of an elaborate foreclosure and drug trafficking scam where banks were sent fraudulent military stop foreclosure documents, and converted one home into a marijuana grow house.
San Francisco, CA- Wells Fargo has agreed to pay $175 million to resolve allegations that they discriminated against minorities by steering them into sub-prime mortgages or high interest loans during and after the housing bust.
New York, NY- New data released by RealtyTrac showed that foreclosure starts were up in June over the first half of 2012 indicating that banks are clearing out their backlogs following the national foreclosure settlement