Archive for May, 2009

Mediation Program for Bank REO Properties PreventionMay 29th, 2009

The Marquette University Law School in Milwaukee, Wisconsin has launched a mediation program designed to help distressed borrowers avoid bank REO properties. The mediation program is … More >>

New York Repo Homes Fraudster ArrestedMay 28th, 2009

New York's repo homes fraud prevention effort has made progress with the arrest of Anita Bareja, a former loan officer at EFI Capital Corp., a mortgage brokerage firm. She is charged … More >>

Actions to Foreclose Houses Pushed Down S&P Price IndexMay 27th, 2009

Continued lender actions to foreclose houses pushed down home prices in March in the Washington, D.C. capital region, based on the Standard & Poor's/Case-Shiller Home Price Index … More >>

Homeowners Rise and Get Foreclosure Help to Save Their HomesMay 26th, 2009

A rising number of the more than two million American homeowners threatened with foreclosure in 2009 are actively finding foreclosure help and fighting their lenders to save their homes. More >>

Foreclosure List Problem Batters Wealthy High-Tech RegionsMay 26th, 2009

Regions that were initially protected from the effects of the nationwide housing collapse because of their high-tech industries are now suffering the economic difficulties brought about by … More >>

Campaign to Help Homeowners Avoid Foreclosed Homes HUDMay 25th, 2009

Direct-to-consumer Federal Housing Administration (FHA) lender, Lend America has launched the first phase of its national advertising campaign designed to educate troubled homeowners … More >>

Hope for Homeowners Expanded to Cut Down Foreclosed HomesMay 25th, 2009

The Hope for Homeowners loan refinancing program which was launched by the Bush administration in October last year has been expanded by President Obama on Wednesday to save more houses … More >>

Rise in House Construction, Bank Foreclosed HomeMay 25th, 2009

The real estate industry experts were given a ray of hope that the housing market may be bottoming when April 2009 market data showed a slight increase in the construction activity at … More >>

A Quick Way to Clear Backlogs of Bank Foreclosed CasesMay 22nd, 2009

Florida foreclosure courts have found a way to quickly lessen the backlogs of bank foreclosed cases. The method, called rocket docket allows foreclosure courts to schedule as many as 250 … More >>

Foreclosed Home Auction Effects Pushed Credit Card ReformMay 21st, 2009

What years of lobbying by consumer groups have not accomplished; the devastating effects of foreclosed home auction events have easily achieved. More >>