Archive for December, 2008
Lawsuit Filed Challenging the Foreclosure Right of Two LendersDecember 30th, 2008
A lawsuit has been filed against lenders, Fort Washington, Pennsylvania-based GMAC Mortgage LLC and Santa Ana, California-based Deutsche Bank National Trust Co. to stop them from … More >>
Informing Residents about Florida Foreclosures through SeminarsDecember 29th, 2008
The Tampa Housing Authority's Center for Affordable Homeownership aims to teach residents tips and tricks so that they can avoid foreclosures. The seminar includes discussions on how the … More >>
Re-Modified Foreclosures are Troubled Once MoreDecember 26th, 2008
Around fifty percent of the foreclosure cases that were filed for modification during the first half of 2008 are now in non-payment status again. The modifications were supposed to help … More >>
Local Church Rally Valley Residents to Fight Los Angeles ForeclosuresDecember 23rd, 2008
Led by Father John Lasseigne of the Mary Immaculate Church and other community leaders, residents of Pacoima and San Fernando Valley are hopeful that their battle against Los Angeles … More >>
Foreclosures May Reach Over 8 MillionDecember 22nd, 2008
Credit Suisse's predicts a whopping 8.1 million loans leading to foreclosure within the next four years, which is 16 percent of all mortgages. A report was released last April that there … More >>
Obama Appoints a New York Official as HUD SecretaryDecember 20th, 2008
Now that he has already been elected as the new President of the United States of America, he has started his actions by appointing a new Secretary of Housing and Urban Development. This … More >>
Foreclosures Hit the Lowest Level Since JuneDecember 20th, 2008
In RealtyTrac's report Thursday, the count of American homeowners drawn into the housing dilemma dropped to a significant level last month. It was reported to be the lowest since June as … More >>
Foreclosed Homes Become HazardsDecember 19th, 2008
Marlborough City is one of the MetroWest communities affected by Massachusetts foreclosures. In some neighborhoods, furniture and other forms of litter are left on lawns, overgrown … More >>
New York Launches Ads to Promote Foreclosure DealsDecember 18th, 2008
The banking regulators of New York and other states have launched public service advertisements to encourage troubled homeowners to talk with their mortgage lenders, loan servicers or … More >>
Bush Administration’s 4.5 Loan Rate Aim to Stop ForeclosureDecember 18th, 2008
Since the start of the financial market crisis, U.S. agencies have focused their attention on rescuing financial institutions hoping that its recovery would also stabilize the housing … More >>
