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HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR CALIFORNIA STORM VICTIMS
March 11, 2010 Posted by HUD
WASHINGTON, DC - March 11, 2010 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to counties in California and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding, debris and mud flows during January and February
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Sen. Brown Joins Housing Advocates, Ohio Homeowners to Outline Need for Additional Foreclosure Assistance
March 9, 2010 Posted by Senator Brown
COLUMBUS, OH - March 5, 2010 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH) visited Columbus Housing Partnership’s housing advisory center today to outline the need for additional federal foreclosure funds for Ohio.
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Statement from Senator Gretchen Whitmer on Foreclosure Scams
March 9, 2010 Posted by Michigan RealEstateRama
LANSING, MI - March 9, 2010 - (RealEstateRama) — Today Senator Gretchen Whitmer (D-East Lansing) offered the following statement on the need to protect Michigan consumers from foreclosure scams, and her legislation to help do so. Senate Bill 930, Whitmer’s legislation to develop qualifications and regulations on foreclosure consultants, was introduced in October 2009 and is currently awaiting action by the Senate Banking and Financial Institutions Committee.
Read the full article: Statement from Senator Gretchen Whitmer on Foreclosure Scams ...
McCollum: Be Wary of Scams Associated With Foreclosure Rescue, Loan Modification Offers
March 8, 2010 Posted by Florida RealEstateRama
TALLAHASSEE, FL - March 8, 2010 - (RealEstateRama) — As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification offers, one of the most frequent subjects of complaints to the Attorney General’s Office during 2009. With a second wave of mortgage fraud and foreclosure rescue fraud predicted for 2010, the Attorney General warned homeowners that disreputable companies and individuals will likely continue trying to capitalize on the current economic climate and consumers’ credit and mortgage concerns.
Read the full article: McCollum: Be Wary of Scams Associated With Foreclosure Rescue, Loan Modification Offers ...
Attorney General Warns Consumers to Avoid Foreclosure Sharks
March 8, 2010 Posted by Maryland RealEstateRama
BALTIMORE, MD - March 8, 2010 - (RealEstateRama) — Just as sharks smell blood in the water, foreclosure rescue scammers can pick out desperate homeowners on the brink of foreclosure. Many homeowners are unaware of their options and panic. In the latest issue of The Consumer’s Edge, Maryland Attorney General Douglas F. Gansler warns homeowners and consumers of foreclosure rescue scams, and offers tips on how to avoid them.
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PATRICK-MURRAY ADMINISTRATION TARGETS $5.1 MILLION TO SUPPORT FORECLOSURE PREVENTION EFFORTS IN FIVE COMMUNITIES
March 8, 2010 Posted by Massachusetts RealEstateRama
BOSTON, MA - March 8, 2010 - (RealEstateRama) — Friday, March 5, 2010 – Furthering the Patrick-Murray Administration’s commitment to improve communities hard hit by foreclosure, Governor Deval Patrick today announced that $5.1 million in federal funds will be allotted to boost neighborhood stabilization programs underway in Framingham, Leominster, Lynn, Marlboro and Worcester. Those funds can be used to acquire, and rehabilitate foreclosed properties and get them reoccupied with new renters or homeowners.”Foreclosed and vacant properties lessen the quality of life for entire neighborhoods,” said Governor Patrick. “This influx of additional funds to those communities will enhance the good work they are already doing to revitalize neighborhoods and create new affordable housing opportunities for hard-working individuals and families who earn modest wages.”
Read the full article: PATRICK-MURRAY ADMINISTRATION TARGETS $5.1 MILLION TO SUPPORT FORECLOSURE PREVENTION EFFORTS IN FIVE COMMUNITIES ...
Consumer protection week scam of the day alert: foreclosure rescue
March 8, 2010 Posted by Missouri RealEstateRama
Jefferson City, MO - March 8, 2010 - (RealEstateRama) — Attorney General Chris Koster said today the nation’s financial crisis has led to rampant growth of foreclosure-rescue scams. Since he took office in January 2009, the Attorney General’s Office has had 321 complaints of foreclosure fraud, compared with just 25 complaints in 2007 and 2008 combined, a more than one-thousand percent increase.
Read the full article: Consumer protection week scam of the day alert: foreclosure rescue ...
Foreclosure Diversion Program Holds First Informational Session at the Augusta District Court on March 10, 2010.
March 5, 2010 Posted by Maine RealEstateRama
March 5, 2010 - (RealEstateRama) — On March 10, 2010, the Foreclosure Diversion Program will hold its first informational session at the Augusta District Court for homeowners who have been ordered to attend as part of the new foreclosure mediation process; lenders and their attorneys in these cases are also invited to attend, although their attendance is not mandatory. The Supreme Judicial Court designed informational sessions to educate homeowners about the foreclosure mediation process and it is hoped that as a result of these sessions, the parties will be better prepared to use mediation sessions productively.
Read the full article: Foreclosure Diversion Program Holds First Informational Session at the Augusta District Court on March 10, 2010. ...
McDonald’s Homeowners’ Foreclosure Assistance Bill Receives Praise, Support at Public Hearing
March 4, 2010 Posted by Connecticut RealEstateRama
March 4, 2010 - (RealEstateRama) — A bill by State Senator Andrew J. McDonald (D-Stamford) that is designed to make banks and other financial institutions work more closely with homeowners during foreclosure proceedings received a strong outpouring of support today during its public hearing before the Judiciary Committee
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Rep. Sutton Joins Colleagues in Introducing Legislation to Combat Foreclosure
March 4, 2010 Posted by Ohio RealEstateRama
Washington, D.C. - March 3, 2010 - (RealEstateRama) — Rep. Betty Sutton (D-OH13) joined Ohio Reps. Marcia L. Fudge (D-OH11) and Mary Jo Kilroy (D-OH15), as well as Reps. Maxine Waters (D-CA) and Kendrick Meek (D-FL) to introduce H.R. 4635–a measure to combat foreclosures.
Read the full article: Rep. Sutton Joins Colleagues in Introducing Legislation to Combat Foreclosure ...