Archive for March 8th, 2010

Foreclosure lawsuit fiasco upends Estates man's retirement
Naples Daily News
18, 2010, he was served a foreclosure lawsuit from the company, which has apologized and said the suit is being dropped. Manuel Martinez/Staff NAPLES — It

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AGs Warn Consumers About Foreclosure Scams
KCTV Kansas City
Federal officials said there haven't been this many home foreclosure scams since the Great Depression. In just the past year, the number of claims have
Maryland Attorney General Warns Consumers to Avoid Foreclosure SharksLoanSafe
Consumer protection week scam of the day alert: foreclosure rescueRealEstateRama
CPB warns about mortgage scamsLegislative Gazette
Kansas City Star -Fox 59 -Eyewitness News Memphis
all 24 news articles »

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Foreclosures, negative equity sweeps Californian neighborhood
Bills.com
According to a report by NPR, 20 percent of the homes on Dana Lane in Riverside County have been foreclosed upon. The rest are underwater,
Walking One Block Damaged By The Housing CrisisNPR

all 3 news articles »

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Wall Street Pit (blog)
Banks Pressed on Second Mortgages
Wall Street Journal
The ensuing foreclosure is likely more costly for all parties than a short sale would have been. Under an Obama administration program due to begin in the
Barney Frank Demands the Four Biggest US Banks to Write Down Second MortgagesWall Street Pit (blog)
Pressure builds for US mortgage loan write-downsReuters
Lawmaker works to boost loan modificationsCincinnati.com
DSNews.com -CNBC -StreetInsider.com (subscription)
all 12 news articles »

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HULIQ
Foreclosures drive down home values in northeast Phoenix
Arizona Republic
Yes, home values were declining and foreclosures were increasing in 2008 and even 2007. But not at the rate they were doing so last year.
US Record $71M Spent at REDC Foreclosed Auctions Over The WeekendPR Web (press release)
Phoenix Foreclosed Homeowners Told To Leave on Day of AuctionHULIQ
Foreclosed Arizonans get little time to moveKOLD-TV

all 9 news articles »

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Maryland Attorney General Warns Consumers to Avoid Foreclosure Sharks
LoanSafe
(LoanSafe.org) – BALTIMORE, MD ( March 3, 2010) – Just as sharks smell blood in the water, foreclosure rescue scammers can pick out desperate homeowners on
Consumer protection week scam of the day alert: foreclosure rescueRealEstateRama
CPB warns about mortgage scamsLegislative Gazette
Koster: "No indication" that I'm being investigatedKansas City Star
KFVS -Fox 59 -News Sentinel
all 18 news articles »

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Richmond Times Dispatch
Treasury Provides Details of New Short Sale Incentive Program
The Washington Independent
On the other hand, the National Association of Realtors is a lobbying powerhouse and, in the case of a foreclosure, their army of Realtors may make no money
Housing: More Short Sales Coming?Seeking Alpha (blog)
The Obama loan modification effort is not going as well as intendedOpEdNews
Eugene home buyers encounter short sale frustration as a " Good Deal" is Examiner.com
PR-USA.net (press release) -Richmond Times Dispatch -HULIQ
all 33 news articles »

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Aldermen say plan eases foreclosure crisis
WGNtv.com
CHICAGO - Chicago alderman announced details this morning about a plan to help ease the burden of foreclosures in the Chicago area using Tax Increment

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Aldermen say plan eases foreclosure crisis
WGNtv.com
CHICAGO - Chicago alderman announced details this morning about a plan to help ease the burden of foreclosures in the Chicago area using Tax Increment

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Mortgage Rates & Trends (blog)
New Short Sale Push May Speed Up Bank Loan Losses
Wall Street Journal
The new effort, called Home Affordable Foreclosure Alternatives, or HAFA, kicks in April 5. Some banking and real-estate industry experts see it as a
HAFA Provides Foreclosure AlternativesMortgage Rates & Trends (blog)
Short stackEconomist (blog)
HAMP has not prevented foreclosures, realtors sayCredit.com News
US Money Talk News -HULIQ -Sun-Sentinel (blog)
all 11 news articles »

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