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New survey shows that improper foreclosure practices still widespread

Foreclosure attorneys are able to identify abuses and may be able to prevent a foreclosure. A number of homeowners however are not aware that this widespread abuse is still going on. The recent settlement appears to give people the false sense th ...

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Wealthy Americans Increasingly Fall into Foreclosure

The foreclosure crisis has hit the middle-class pretty hard and many people have lost their modest homes. And while many of these homeowners have retained foreclosure attorneys to help them prevent eviction, a large number of wealthy Americans ar ...

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Former Marine Arrested after Protesting Foreclosure

Riverside, CA- Former Marine Arturo de los Santos was arrested last week as he and 200 people protested his foreclosure at the local Freddie Mac office.

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New Court Initiative Will Streamline the Foreclosure Process in Albany

Albany, NY- Chief Judge Jonathan Lippman announced a new court initiative that will allow homeowners who have received default notices to obtain an Albany foreclosure attorney and have their dispute settled out of court to streamline the process. ...

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Foreclosure Activity on the Rise

Banks seized more homes in January than in the previous month indicating that foreclosures will start to rise again now that lenders have corrected document abuses. RealtyTrac reported that foreclosures rose 8 percent in January, which is actuall ...

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Regulators Extend Foreclosure Review Deadline

Regulators are extending the deadline for homeowners, who believe they were subjected to wrongful foreclosure practices in 2009 and 2010, to have their cases reviewed. Under the terms of a settlement reached with regulators, fourteen banks agreed ...

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Wisconsin Gov. Scott Walker plans to use foreclosure settlement money to balance budget

Yesterday 49 states agreed to take place in the $25 billion dollar foreclosure settlement from the country’s five largest banks. Individual states will be awarded funds to assist troubled homeowners who cannot afford foreclosure attorneys. But Wi ...

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Feds reach $25 billion foreclosure settlement with five largest banks

After months of negotiations 49 states have agreed to a foreclosure settlement with the nation’s five largest lenders over their mishandling of foreclosure documents. Under the agreement terms Bank of America, Wells Fargo, JPMorgan Chase, Ally Fi ...

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Missouri company faces multiple forgery charges over foreclosures

A Missouri grand jury has indicted DocX on multiple forgery charges marking one of the few criminal prosecutions in the foreclosure crisis. Banks and foreclosure document processing companies have been under investigation for over a year since ma ...

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Museum of Modern Art presents exhibit based on foreclosure

A new art exhibit at New York’s Museum of Modern Art (MoMA) will feature an exhibit which highlights the foreclosure crisis and solutions and explores architectural solutions to revitalize communities affected by the housing crisis, according to ...

Comedian Tracy Morgan’s badmouthed by mother for not helping her avoid foreclosure

Marine vows to fight Freddie Mac to save home from foreclosure

Arturo de los Santos, a 49 year old Marine, thought he was living the American dream when he and his family moved into their modest home in a California suburb a decade ago, but the recession crushed this dream.

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Investors line up to purchase foreclosed homes

The Obama administration has proposed numerous programs to help speed up recovery in the housing market. Aside from programs that could prevent foreclosure the administration wants to sell 200,000 homes owned by federal agencies to investors, acc ...

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Obama administration extends foreclosure relief program

Foreclosures dropped slightly in 2011, but experts agreed that they are projected to rise now that banks have refined the methods for processing foreclosure documents. In anticipation of the ongoing struggles that homeowners face the Obama admini ...

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Poll shows majority of Americans want the government to help with the foreclosure crisis

The foreclosure crisis shows no sign of slowing with millions of foreclosures waiting in the pipelines. Though foreclosure rates dropped dramatically in 2011, the problem is far from over. And a new Gallup poll shows that the majority of American ...

President Obama’s plan to widen foreclosure investigations may derail settlement

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Mitt Romney addresses foreclosure in Florida

The housing market it in Florida was hit hard when the housing bubble burst and has faced a staggering number of foreclosures. One-third of the nation’s foreclosures have been in Florida, according to the Naples Daily News.

Delaware drops out of foreclosure settlement talks

Foreclosure settlement goes to states for approval

The Obama administration has been working on a deal to settle with major mortgage lenders over unsavory practices which led to the current crisis. Now the settlement will go to individual state Attorneys Generals for their approval.

Two Virginia men indicted for foreclosure scheme