June 15, 2013
CHAMPAIGN — A University of Illinois legal clinic that helps homeowners facing foreclosure will develop similar programs in other counties with a second major grant from a government settlement fund. The University of Illinois College of Law's ...
The old saying that home prices never fall obviously wasn't true. But in the following video, Fool contributor Matt Thalman discusses why the "strategic foreclosure" may not have been the smartest thing to do for the millions of homeowners who could ...
And locally, the number of homes being sold either as a result of foreclosure or short sale continues to decline, as well. In the Tri-Cities, information reported by the MainStreet Organization of Realtors indicated that in April, so-called distressed ...
5 States Where Foreclosure Starts Are Surging - Wall St. Cheat SheetBorn in the early days of the mortgage crisis created by the too big to fails, Philadelphia's Mortgage Foreclosure Prevention Program has staved off disaster for more than 5,700 homeowners; people like 58-year-old Fred Brinkley, who got jammed up after ...
June 14, 2013
Rick Scott has signed a law that will "fast-track" foreclosures. Experts said the process, which takes more than two years now, has the potential to be as quick as 45 days. The bill is the first big change to Florida foreclosure laws since the real ...
The Florida Fair Foreclosure Act (House Bill 87): Relevant Changes To ... - Mondaq News Alerts (registration)NASHVILLE, Tenn. - Thousands of Tennesseans have been getting checks in the mail this week as part of the largest state and federal settlement of its kind ever. These are people who lost their homes to foreclosure. State and federal regulators went ...
More Than 50000 Georgians to Receive Check from Foreclosure Settlement - LoanSafeLike other members of the clergy – he has found that homeowners will often keep secret the fact that they've been hit with a foreclosure notice. “Because of the embarrassment and the shame associated with it – I mean, there were market forces at work,” ...
“I witnessed employees and managers change and falsify information in the systems of record, and remove documents from homeowners' files to make the account appear ineligible for a loan modification,” said Terrelonge, a loan servicing representative.
Bank of America Rewarded Staff for Steering Clients Into Foreclosure: Lawsuit - eCreditDaily.com"(Homeowners) need to be aware that if they get served with a foreclosure case, they need to act and act immediately," McGrady said, adding that they should take every opportunity for mediation. Under the new law, which went into effect June 7 ...
The Jacksonville metropolitan statistical area — Baker, Clay, Duval, Nassau and St. Johns counties — reported 2,645 foreclosure filings in May, or one in every 225 households, placing it second among the nation's largest metro areas. Total filings ...
Nevada Foreclosure Rate Drops to Number 2 in Nation - KOLO