September 4, 2010

Ex-Wing Sergei Fedorov facing foreclosures

Ex-Wing Sergei Fedorov facing foreclosures June 18, 2010 — The Detroit News Sergei Fedorov's hockey career has taken him from Russia to Detroit, California, Ohio and Washington, but he can't seem to skate away from his money problems. House...(read more)

Senate approves creating Treasury office to hear appeals in foreclosure relief

Senate approves creating Treasury office to hear appeals in foreclosure relief June 16, 2010 — Washington Post The Senate approved an amendment Wednesday to create an advocacy office within the Treasury Department that would investigate complaints...(read more)

Is a housing shortage coming?

Is a housing shortage coming? June 15, 2010 — CNNMoney NEW YORK — As the nation struggles to shrug off the worst housing crash since the Great Depression, it may be hard to believe a housing shortage could be on its way. Extension of Tax Credit...(read more)

Homeowners in mediation programs face court backlog of foreclosure cases

Homeowners in mediation programs face court backlog of foreclosure cases June 12, 2010 — Washington Post Shortly after Orlando Eslava's bank started to push him through the foreclosure process last year, he got some good news: He was eligible...(read more)

Would you walk away?

Would you walk away? June 3, 2010 — Inman News I used to think that walking away from the home and not making payments was wrong. Now I am not so sure. Bid4Assets Announces its New Real Estate-Only Auction Web Site and Real Estate Disposition Program...(read more)

Pending sales of previously owned homes rise 6% in April

Pending sales of previously owned homes rise 6% in April June 3, 2010 — Los Angeles Times The number of previously owned homes placed under sales contract rose 6% in the U.S. in April, the last month that a federal tax credit for buyers was available...(read more)

A foreclosure fix

A foreclosure fix June 1, 2010 — Los Angeles Times Banks foreclosed on almost 200,000 homes in California last year, and this year's toll is expected to be even higher. State lawmakers have tried to encourage banks to do more loan modifications...(read more)

Buying a Foreclosed Home

Buying a Foreclosed Home May 31, 2010 — NBC Is now a good time to buy a foreclosed home? CNBC's Nicole Lapin tells The Today Show how to go about buying a foreclosure including finding foreclosures online with websites such as RealtyTrac. Owners...(read more)

Strategic Default: Walking Away from Mortgages

Strategic Default: Walking Away from Mortgages May 9, 2010 — 60 Minutes (CBS) Despite some indications that the economy is recovering, the housing market remains a disaster area. Currently, about seven million homeowners are behind on their mortgages...(read more)

O’Malley To Sign Foreclosure Mediation Bill

O'Malley To Sign Foreclosure Mediation Bill May 20, 2010 — Associated Press ANNAPOLIS, Md. (AP) ― Mediation will be required between borrowers facing foreclosure and mortgage lenders under a bill Gov. Martin O'Malley is going to sign. Delinquent...(read more)