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Home Foreclosure Process News

  • Special report: Nevada's foreclosure mediation program cites confidentiality in refusal to release records Tuesday, July 19, 2011 @ 1:13PMAs part of an RGJ Freedom of Information Request, the Administrative Office of the Courts provided some statistics about the Nevada Foreclosure Mediation Program.
  • Baltimore police officer charged in drug conspiracy Tuesday, July 19, 2011 @ 12:44PMDaniel G. Redd taken into custody at N.W. District police station
  • HUD secretary announces disaster assistance for Pennsylvania storm victims Friday, July 15, 2011 @ 10:25PMWASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan announced on Friday that HUD will speed federal disaster assistance to the Commonwealth of Pennsylvania and provide support to homeowners and low-income renters forced from their h
  • Quest for history Friday, July 15, 2011 @ 8:46PMDustin Avila's job is a little unusual. Technically, he's a door-to-door salesman, traveling from his home in Stanislaus County to sell paintings across the state. But his wares are anything but conventional. 
  • Man claims house for $16 as neighbors accuse him of squatting Friday, July 15, 2011 @ 5:26PMThanks to a little-known law in Texas, a man apparently won ownership of a house for less than $20, but neighbors aren't happy with his deal and are trying to get him out.
  • New program helps people avoid foreclosure Thursday, July 14, 2011 @ 6:42PMBoston Community Capital buys back homes when you can no longer afford it, and sells it back to you at a price you can afford
  • New program helps people avoid foreclosure Thursday, July 14, 2011 @ 6:42PMBoston Community Capital buys back homes when you can no longer afford it, and sells it back to you at a price you can afford
  • Defaults rising in loans for seniors Monday, July 11, 2011 @ 2:06AMReverse mortgages, which allow older adults to convert some of the equity in their homes into cash, have been a lifeline for many house-rich, cash-poor seniors struggling to get by.
  • Homeowners association fights pit neighbor vs. neighbor Monday, July 11, 2011 @ 12:01AMThe Inlet House condo complex in Fort Pierce, Fla., was once the kind of place the 55-and-older set aspired to. It was affordable. The pool and clubhouse were tidy, the lawns freshly snipped. Residents, push-carts in tow, walked to the beach, the bank, the beauty parlor, the cinema and the supermarket. In post-crash America, this was a dreamy little spot. Especially on a fixed income.
  • As Government Nears Accord With Banks, Questions Swirl Over Scope Of Investigation Sunday, July 10, 2011 @ 11:45PMWASHINGTON -- State and federal prosecutors are pressing to complete a proposed settlement with the nation’s five largest home loan companies over alleged mortgage abuses, even though they’ve only initiated a limited investigation that hasn't examined the full extent of the alleged wrongdoing, according to interviews with more than two dozen officials and others familiar with the state and ...
  • Local Author Seeks Personal Real Estate Stories from Area Residents Sunday, July 10, 2011 @ 2:11AMLocal Real Estate Agent and Author, Keith M. Elliott Jr. is seeking help from area residents willing to share their personal stories of 'How the Real Estate Market Has Affected You' for upcoming book.Manassas, VA (PRWEB) July 10, 2011 Keith M. Elliott Jr. a Realtor® with RE/MAX Olympic Realty in Haymarket, Virginia, has been asked to include real life stories of everyday people who have been ...
  • Pre-applications for the Emergency Homeowners Loan Program due July 22 Sunday, July 10, 2011 @ 1:35AMTROY — The Troy Rehabilitation and Improvement Program has announced a new program offering interest-free loans of up to $50,000 for qualified applicants to help those who are at risk of foreclosure. TRIP was selected by NeighborWorks America in conjunction with the U.S. Department of Housing and Urban Development to help promote the Emergency Homeowners’ Loan Program in New York State.
  • Time to move past tornado, city says Friday, July 8, 2011 @ 11:36PMThe city is cracking down on property owners who have yet to clear construction and vegetative debris from the April 16 tornado that ripped through an eastern swath of the city.
  • Federal program could help residents in foreclosure Friday, July 8, 2011 @ 12:18PMHomeowners facing foreclosure because of unemployment, underemployment or a medical condition may be eligible for help with monthly mortgage payments.
  • Feds ease foreclosure regulations - Fri, 08 Jul 2011 PST Friday, July 8, 2011 @ 2:18AMWASHINGTON – The Obama administration is making it easier for out-of-work homeowners to stay in their homes as it tries to revamp its troubled foreclosure-prevention program. Starting Aug. 1, the Federal Housing Administration will extend the period for unemployed homeowners to miss mortgage payments to a full year from three or four months. That will allow qualified homeowners to go without ...
  • Government eases foreclosure rules for jobless Friday, July 8, 2011 @ 12:58AMBanks and mortgage servicers would be required to allow eligible homeowners to defer all or part of their mortgage payments for a year or more, far longer than the several months currently mandated by some existing government programs.
  • Taxpayers will have to dig deeper for some tickets Thursday, July 7, 2011 @ 11:12PMThe state's $40.1 billion budget eliminates admissions tax exemptions for more than a dozen for-profit amusement, entertainment and recreation facilities, including three in our neck of the woods.
  • News notes: July 6 Thursday, July 7, 2011 @ 11:07PMA roundup of community news and events.
  • Minnesota’s gloomy total: 100,000 foreclosures Thursday, July 7, 2011 @ 10:01PMST. PAUL — Kari Musil and her 18-year-old daughter have moved three times in the five years since they lost their house.
  • FHA program to give qualifying jobless homeowners a year to miss mortgage payments Thursday, July 7, 2011 @ 8:59PMAssociated Press Thursday, July 7, 2011 WASHINGTON — The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention program. Starting Aug. 1, the Federal Housing Administration will extend the period for jobless homeowners to miss mortgage payments to a full year from three or four months. That will allow ...
  • Business briefs: Sales up 6.9% for major retailers in a big June Thursday, July 7, 2011 @ 8:57PMSales up 6.9% in a big June for major retailers Consumers enticed by warmer weather and deep di
  • Curbed Interviews: Jeff Lewis on Cannibals, Cremation, and Transgender Crack Addicts Wednesday, July 6, 2011 @ 2:47PMWelcome back to Curbed Interviews, a column in which Raina Cox (of If the Lamp Shade Fits and Curbed's Moonlighting series) interviews major players in shelter media and interior design. Have a suggestion for someone whose voice should be heard?...
  • Study: Shadow Inventory Hinders Economic Growth Tuesday, July 5, 2011 @ 5:21AMATLANTA- The economy may be recovering, but the nation’s housing market is still putting pressure on growth as mortgage delinquencies remain above pre-recession levels—and high shadow inventory levels are a major culprit. So says a new study from Equifax.
  • Rental market booming in Rapid City market Friday, July 1, 2011 @ 11:35PMMore families passing up homes for rentals in uncertain economy.
  • Fulton County pulls in $578K at tax auction Friday, July 1, 2011 @ 11:28PMJOHNSTOWN - Fulton County government grossed $578,000 in revenue from the sale of 79 county tax-delinquent properties at a June 15 auction at the Holiday Inn.
  • Bank of America charts path to settlements Thursday, June 30, 2011 @ 7:15AMJust how much will it cost the big banks to atone for the mortgage mess? Bank of America announced Wednesday that it would take a whopping $20 billion hit to put the fallout from the subprime
  • Mixed Performance Ahead for Credit Sector Wednesday, June 29, 2011 @ 11:00AMConsumer defensive should perform admirably while our enthusiasm for the industrials sector has cooled.
  • Pending Home Sales Jump in May Wednesday, June 29, 2011 @ 9:21AMNEW YORK (TheStreet) -- Home sales saw a promising turnaround in May. The National Association of Realtors reported that pending home sales jumped 8.2%. The index, which looks at homes in the process of closing, rose to an 88.8 reading in May from a revised 82.1 reading in April. The turnaround was a relief after an 11.6% plunge in April. Analysts had expected a tick up by 2% for May, according ...
  • 'Shadow Inventory' Affecting Housing Market Recovery Sunday, June 26, 2011 @ 8:42PMThough fewer homes appear to be going into foreclosure, one expert told 10News it will be some time before the housing market recovers because of something called the "shadow inventory."
  • Homeownership Month activities Friday, June 24, 2011 @ 6:12PMfocus on rural housing/rural jobs By Ernie Wetherbee, Acting State Director of USDA Rural Development/Arizona
  • Foreclosed Homes Wait In ‘Shadows’ To Go On Sale Friday, June 24, 2011 @ 4:09PMThe housing market is still languishing this summer, leading some economists to believe prices won't begin to recover until 2014. Even Federal Reserve Chairman Ben Bernake says the market may be worse than most people thought.
  • Foreclosures entice with sweet deals Tuesday, June 21, 2011 @ 7:42PMMy 26-year-old daughter, who bought a condo foreclosure about a year ago, just had an appraisal done on her property. She has made about $100,000 in equity, thanks to the cheap price she paid initially. What she did was nothing that you or I couldn’t do too, providing you find a foreclosure at the right price, which most of them are. Most of them also require some work, but if you have a vision ...
  • Home sales fell to 2011 low, few 1st-time buyers Tuesday, June 21, 2011 @ 7:42PMWASHINGTON— Fewer people purchased previously occupied homes in May, lowering sales to their weakest point of the year.
  • REGION: Eviction filings decreasing in North County Saturday, June 18, 2011 @ 11:40PMThe number of North County landlords filing suit to evict tenants has steadily decreased over the past three years ---- a trend that local housing experts found encouraging but not surprising.
  • Links 6/18/11 Saturday, June 18, 2011 @ 5:11AMHoneybees Might Have Emotions Wired (hat tip reader Robert M). If they keep this sort of research up, I’ll start feeling guilty about killing mosquitos.
  • THE OUTLOOK Tuesday, June 7, 2011 @ 8:09AMComing into 2011 we suggested there were three major themes that would play out in the course of this year. We thought the U.S. economy would slow, particularly around mid-year.
  • Couple turns tables on Bank of America Tuesday, June 7, 2011 @ 12:02AMST. PETERSBURG, Florida - Months after Bank of America wrongly foreclosed on a house Warren and Maureen Nyerges had already paid for, they were still fighting to get reimbursed for the court battle.So on Friday, their attorney showed up at a branch office ...
  • Foreclosure on bank Monday, June 6, 2011 @ 11:44PMST. PETERSBURG, Fla. — Months after Bank of America wrongly foreclosed on a house Warren and Maureen Nyerges had already paid for, they were still fighting to get reimbursed for the court battle.So last week, their attorney showed up at a branch office in Naples, Fla., with a moving truck and sheriff’s deputies who had a judge’s permission to seize the furniture if necessary. An hour later, the ...
  • Gas prices in Ohio increase 8 cents Monday, June 6, 2011 @ 11:41PMGas prices in Ohio increase 8 cents YOUNGSTOWN Ohio gas prices jumped 8 cents since last week as
  • Fannie Mae changes rules Monday, June 6, 2011 @ 11:27PMWASHINGTON -- Fannie Mae on Monday rolled out new rules that require home loan servicers to communicate more directly with borrowers who have fallen behind on mortgage payments and expedite arrangements aimed at helping homeowners avoid foreclosure. The new standards require servicers to ...
  • No, We Foreclose on You! Couple Targets Bank Monday, June 6, 2011 @ 11:25PMAfter foreclosure mistake, couple threatens Bank of America with foreclosure.
  • Couple threatens bank with foreclosure Monday, June 6, 2011 @ 11:21PMBy TAMARA LUSH
  • Fannie Mae updates rules on delinquent loans Monday, June 6, 2011 @ 11:18PMFannie Mae on Monday rolled out new rules that require home-loan servicers to communicate more directly with borrowers who have fallen behind on mortgage payments and expedite arrangements aimed at helping homeowners avoid foreclosure.
  • 6/7 LOCAL BRIEFS: Home ownership class offered Monday, June 6, 2011 @ 10:45PMBRADENTON -- Catholic Charities of Manatee County will offer a free First-Time Homebuyer Class 8:30 a.m.-4:30 p.m. Saturday at 1219 16th St. W., Bradenton.
  • Foreclosures put workers' security clearances at risk Monday, June 6, 2011 @ 10:24PMForeclosure means more than losing a house and ruining a credit rating for a select group of Central Florida property owners who rely on federal security clearances for their livelihood. "Losing your security clearance is like losing your most marketable aspect for employment," said real-estate broker Travis John, a local distressed-property specialist who already this year has worked with about ...
  • "Short sales" slowing down the housing market Thursday, June 2, 2011 @ 9:46PMMYRTLE BEACH, SC - Even if you are not buying or selling a home, the housing market affects you.  Economist said the overall economy can't recover until home sales improve. One way some have looked to buy a home is through a process called "short sales".
  • Brentwood councilman neglected to pay thousands in city fees Sunday, May 29, 2011 @ 2:51PMBRENTWOOD -- Councilman Robert Brockman failed to pay thousands of dollars in permit fees for properties he once owned after the city allowed businesses to operate in them that did not meet zoning requirements.
  • Circuit ruling: Lee's fast-paced foreclosure docket not out-of-bounds Monday, May 23, 2011 @ 5:11PMThe 20th Judicial Circuit did not overstep its jurisdiction when it created the rocket-docket, a special Lee County plan to expedite thousands of foreclosure cases, the circuit contends in a recent court brief.
  • Realtors Property Resource Provides Free, Comprehensive Property Database for REALTORS Monday, May 23, 2011 @ 4:12PMRISMEDIA, May 24, 2011—In this fast-paced, technology-based world, a major challenge is meeting the information needs of technology-empowered consumers who do extensive research, sometimes months before starting the process of buying or selling a property. The Realtors Property Resource™ (RPR™)…
  • City estimate: $166 million cleanup cost Monday, May 23, 2011 @ 4:07PMA tornado cut a diagonal path of destruction through sections of north Minneapolis on Sunday afternoon. The city has focused a lot of attention on north Minneapolis in recent years, trying to dig out from the ongoing foreclosure crisis, which hit the area particularly hard.