Foreclosure News

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Private Equity Firms Purchase Fannie Mae Foreclosures - Housing Predictor

Sun, 02/05/2012 - 22:15

RisMedia.com (press release)

Private Equity Firms Purchase Fannie Mae Foreclosures
Housing Predictor
By Kevin Chiu The bulk sale of foreclosed Fannie Mae homes to private equity firms will place foreclosures right back into the very hands of some of the banks and investors which triggered the foreclosure crisis by manipulating financial markets.
A Mortgage Tornado Warning, UnheededNew York Times
Foreclosure To Rentals?Worcester Business Journal
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)
Economic Populist -Firedoglake -Sarasota Herald-Tribune
all 58 news articles »

Polk County Mortgage Foreclosures - The Ledger

Sun, 02/05/2012 - 21:47

Polk County Mortgage Foreclosures
The Ledger
These are mortgage foreclosures filed with the civil division of the Circuit Court in September. Names in bold are the subject of or have an interest in the foreclosure action. Lighter names filed the foreclosure action. Cormier, Bruce W., et ux., ...

Foreclosed center sells at Celebration - Orlando Sentinel

Sun, 02/05/2012 - 21:33

Foreclosed center sells at Celebration
Orlando Sentinel
The property, which had been owned by General Electric Credit Equities Inc., was in foreclosure and previously had a $32.5 million note on it, records show. Publix Super Markets will take 50500 square feet and is expected to open as soon as October.

Deal Is Closer for a US Plan on Mortgage Relief - New York Times

Sun, 02/05/2012 - 21:19

Deal Is Closer for a US Plan on Mortgage Relief
New York Times
With a deadline looming on Monday for state officials to sign onto a landmark multibillion-dollar settlement to address foreclosure abuses, the Obama administration is close to winning support from a crucial state that would significantly expand the ...
California negotiating with banks over mortgage settlementLos Angeles Times
Will I need to file bankruptcy after they foreclose on my home?JD Supra (press release)
Time Running Out for Short SalesHousing Predictor
Tulsa World -Herald Times Reporter
all 7 news articles »

AG Sues Banks Over MERS Foreclosure Registry - North Country Gazette

Sun, 02/05/2012 - 20:06

New York Post

AG Sues Banks Over MERS Foreclosure Registry
North Country Gazette
Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court submissions, seeking to take homes away from people with little regard for basic legal requirements or the rule of law,” ...
Foreclosure Settlement Will Settle NothingTheStreet.com
Foreclosure Accord Said to Ensure Same Terms for All 50 StatesBusinessWeek
New York sues Reston firm over foreclosure documentsWashington Post
New York Post -WNYC -eCreditDaily.com
all 29 news articles »

Foreclosures at the high end increase - San Jose Mercury News

Sun, 02/05/2012 - 17:14

Foreclosures at the high end increase
San Jose Mercury News
High end foreclosures have increased over the past couple years, as the poor economy finally catches up with formerly affluent folks who have exhausted their resources and can no longer afford their mortgages. (Dan Honda/Staff) The housing crisis, ...

and more »

Foreclosure notice latest bad news to reach woman struck by tragedy - Mohave Valley News

Sun, 02/05/2012 - 08:12

Foreclosure notice latest bad news to reach woman struck by tragedy
Mohave Valley News
PHOENIX (AP) — Karen Perry is losing her home, and the timing couldn't be worse. The news came little more than a month after her three young children and their father were killed in a Thanksgiving eve plane crash in the Superstition Mountains.
Karen Perry, Arizona Mom Who Lost 3 Kids In Crash And Faces Foreclosure, Gets ...Huffington Post

all 5 news articles »

Renting out foreclosures - Atlanta Journal Constitution

Sun, 02/05/2012 - 05:01

Renting out foreclosures
Atlanta Journal Constitution
She was a first-time homeowner who was able to buy because the property was a foreclosure that was significantly discounted. Atlanta's nearly 4600 government-owned foreclosed properties is No. 1 in the nation, far outnumbering those in Phoenix, ...

Foreclosure rate as high as ever - Helena Independent Record

Sun, 02/05/2012 - 03:01

Foreclosure rate as high as ever
Helena Independent Record
This story is the first part of a two-part series on foreclosures in the Helena area. Coming Monday: Options available for homeowners facing default or foreclosure. Even as the Helena economy slowly grows, the local home foreclosure rate is as high as ...

Nevada's triple economic whammy - CNN

Sat, 02/04/2012 - 16:46

Chicago Tribune

Nevada's triple economic whammy
CNN
By Tami Luhby @CNNMoney February 4, 2012: 12:36 PM ET Nevada has the dubious distinction of leading the nation in unemployment, foreclosure filings and number of underwater homes. That's not good for the state's economy. NEW YORK (CNNMoney) -- The ...
Obama's failed promises: Nevada editionExaminer.com

all 56 news articles »

Foreclosure Declines in Seekonk in 2011 - Patch.com

Sat, 02/04/2012 - 12:01

Foreclosure Declines in Seekonk in 2011
Patch.com
By Mike Gleason Both the number of started and completed foreclosures in Seekonk decreased in 2011, according to numbers released this week. Foreclosure petitions in Seekonk, which represent the start of the foreclosure process, were at 62 for 2010, ...

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Why foreclosure investors are double-edged sword for economy - USA TODAY

Sat, 02/04/2012 - 10:02

USA TODAY

Why foreclosure investors are double-edged sword for economy
USA TODAY
By Diana Olick, CNBC.com The best and most expeditious way to clear the vast inventory of foreclosed properties weighing down today's housing market is to get more investors in and sell them these properties at bulk discounts. By Maxine Park, USA TODAY ...
A Mortgage Tornado Warning, UnheededNew York Times
GTE CEO Faults Fannie on ForeclosureCredit Union Times
Halfway homeWashington Post

all 27 news articles »

Foreclosure Settlement Will Settle Nothing - TheStreet.com

Sat, 02/04/2012 - 06:58

USA TODAY

Foreclosure Settlement Will Settle Nothing
TheStreet.com
By Shanthi Bharatwaj 02/04/12 - 06:54 AM EST NEW YORK (TheStreet) -- A foreclosure settlement between the banks and the 50 states Monday, if it does finally happen, will likely not have the positive outcomes that investors have been hoping for.
New York Sues 3 Big Banks Over Mortgage DatabaseNew York Times
NY's Schneiderman sues banks in foreclosure effortWall Street Journal
Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 StatesBloomberg
Bend Bulletin -BusinessWeek
all 358 news articles »

Foreclosure sought for Someplace Else Bar and Grill - Wisconsin Rapids Tribune

Sat, 02/04/2012 - 04:56

Foreclosure sought for Someplace Else Bar and Grill
Wisconsin Rapids Tribune
Lawyers for Darnell Leffel, president of Structures Unlimited LLC in Stratford, filed the foreclosure complaint against bar owners Myron and Kimberly Keding of Spencer on Nov. 29. Ten days later, Leffel filed a separate but similar complaint seeking ...

and more »

Foreclosure Accord Said to Ensure Same Terms for All 50 States - BusinessWeek

Sat, 02/04/2012 - 00:35

eCreditDaily.com

Foreclosure Accord Said to Ensure Same Terms for All 50 States
BusinessWeek
4 (Bloomberg) -- Lenders including Bank of America Corp. and JPMorgan Chase & Co. and state attorneys general agreed to ensure that states signing a nationwide accord on foreclosures will be entitled to improved terms won later by states that opt out, ...
Limiting Immunity for Banks Key in Foreclosure 'Robo' DealeCreditDaily.com
HUD Secretary Expects “Substantial” Payment of Foreclosure Fraud Settlement ...Firedoglake
Finally, A Foreclosure Settlement (Maybe)KCCI Des Moines

all 41 news articles »

Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ... - Huffington Post

Fri, 02/03/2012 - 22:40

CBS Local

Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ...
Huffington Post
The organizers of the group came together to save long-time neighbor Thomas German, a 72 year old veteran of the US Navy, from foreclosure action by Wells Fargo bank. Now, that spark has spread to a grassfire of foreclosure resistance that involves ...
City may pull accounts from Wells Fargo for foreclosure abusesAGBeat
'Occupy LA' Calls For Bank Moratorium On 'All Foreclosures', Will Meet With ...CBS Local
NY Attorney General Slaps Fresh Mortgage Lawsuits On BofA, JPMorgan, Wells FargoForbes
NBC Los Angeles -The Nation. (blog) -Uprising
all 11 news articles »

Foreclosure lawyer probes left up to Florida Bar - Palm Beach Post

Fri, 02/03/2012 - 22:16

Palm Beach Post

Foreclosure lawyer probes left up to Florida Bar
Palm Beach Post
By Kimberly Miller The Florida Bar's investigations into foreclosure fraud by its members jumped 63 percent in the past year, but no disciplinary actions against attorneys have been levied since complaints began to mount in the fall of 2010.
Florida Attorney General's Attempt to Subpoena Foreclosure Mills StallsLoanSafe
Pam Bondi Pretends She Did Everything She Could in Foreclosure Fraud ...Firedoglake
Court complicates Fla. AG's foreclosure probeCrestview News Bulletin

all 6 news articles »

Suspect sought in IE foreclosure bank scam - abc7.com

Fri, 02/03/2012 - 21:13

abc7.com

Suspect sought in IE foreclosure bank scam
abc7.com
Investigators say the pair broke into foreclosed homes and then claimed they were living there legally. In the "Cash for Keys" Program, banks give people who are living in foreclosed homes thousands of dollars, and in exchange, those people turn over ...

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DeSaulnier to host free foreclosure prevention workshop in Antioch Saturday - San Jose Mercury News

Fri, 02/03/2012 - 20:06

DeSaulnier to host free foreclosure prevention workshop in Antioch Saturday
San Jose Mercury News
By Paul Burgarino Bay Area residents struggling to find ways to stay in their homes and pay their monthly mortgage are encouraged to check out a free foreclosure prevention seminar Saturday in Antioch. The event, hosted by state Sen.

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NLV Mayor Wants to Hear More Talk of Foreclosures - KLAS-TV

Fri, 02/03/2012 - 19:30

The Hindu

NLV Mayor Wants to Hear More Talk of Foreclosures
KLAS-TV
One thing that has not been talked about a lot is foreclosures. Nevada is the foreclosure capital of the nation, and thousands in the North Las Vegas 89031 zip code have been foreclosed on. Mayor Shari Buck says it's frustrating to hear the candidates ...
Even in foreclosure-plagued Nevada, candidates are sidestepping housing crisisFoxReno.com
No silver lining in housing market as Nevada votesCNN
Romney Avoids Nevada's Housing Market Problems with a Tactic That Could Work ...Money Morning
Fox News
all 1,767 news articles »