Brockton activist takes foreclosure woes to Bernanke
Brockton activist takes foreclosure woes to Bernanke March 10, 2010 — Boston Globe Katie Sandford is a Brockton housing activist and young mother who worries about how foreclosures have damaged her city. Yesterday, she was able to have her say with…(read more)
Bills Could Help Slow Foreclosures
Bills Could Help Slow Foreclosures March 9, 2010 — The Daily News Sitting lenders down with borrowers in danger of losing their homes to foreclosure is the goal of a pilot program that would be created by pending state legislation. Lawmakers from…(read more)
Program Will Pay Homeowners to Sell at a Loss
Program Will Pay Homeowners to Sell at a Loss March 7, 2010 — New York Times In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some…(read more)
Canseco, Burress Homes Headed Towards Foreclosure
Two high profile professional athletes find themselves facing foreclosure on their homes. In one case, after almost two years of bouncing around the foreclosure process, the Los Angeles property of a former major leaguer is going on the auction block…(read more)
Groping in the Dark Toward Foreclosure Remedies
Groping in the Dark Toward Foreclosure Remedies Feb. 25, 2010 — Wall Street Journal Mortgage bankers used to spend most of their time at conventions talking to one another. Now, having made too many crazy loans during the housing boom, they spend…(read more)
Homeowners associations face lawsuit
Homeowners associations face lawsuit Feb. 22, 2010 — Las Vegas Business Press A group of disgruntled investors has hit Southern Nevada homeowner associations with a class action lawsuit. Proposal Calls for Fannie, Freddie to Be U.S.-Owned Nonprofits…(read more)
No Car, No Foreclosure?
No Car, No Foreclosure? Feb. 22, 2010 — Smart Money Can rates of car ownership predict mortgage performance? According to some new research from two environmental groups, the answer is yes. Delinquencies, New Foreclosures Fall: Is this the Beginning…(read more)
Citi’s Foreclosure Alternative Allows Homeowners to Stay for Six Months
Citi's Foreclosure Alternative Allows Homeowners to Stay for Six Months Feb. 11, 2010 — DSNews As one of the nation’s largest mortgage servicers, CitiMortgage is still contending with a deluge of foreclosures that just doesn’t seem…(read more)
Mortgage officials try exits softer than foreclosures
Mortgage officials try exits softer than foreclosures Feb. 11, 2010 — The Washington Post Seeking alternatives to the nation's struggling foreclosure prevention efforts, federal and mortgage industry officials increasingly are looking for ways…(read more)
FTC hopes to fight mortgage fraud
FTC hopes to fight mortgage fraud Feb. 10, 2010 — Chicago Sun-Times To combat fraud, the U.S. Federal Trade Commission seeks to ban foreclosure rescue and mortgage-modification-services companies from charging upfront fees. Spec Houses Rise as Builders…(read more)