News
Foreclosures

Chesapeake Men Indicted for Foreclosure Rescue Scheme

NORFOLK, VA – January 25, 2012 – (RealEstateRama) — Philip Villasis, age 41, and Ray D. Gata, age 56, both of Chesapeake, Va., were indicted by a Norfolk federal grand jury on nine charges including conspiracy to commit wire fraud, wire fraud, and mon…

Read the full article: Chesapeake Men Indicted for Foreclosure Rescue Scheme ...

OHFA Announces Changes to the State’s Foreclosure Prevention Program

COLUMBUS, OH – January 24, 2012 – (RealEstateRama) — In an effort to assist more Ohioans at risk of mortgage loan default or foreclosure, the Ohio Housing Finance Agency (OHFA) recently announced new changes to the state’s foreclosure prevention progr…

Read the full article: OHFA Announces Changes to the State’s Foreclosure Prevention Program ...

Menendez, Representatives Call on GAO To Report on Foreclosure Reviews

WASHINGTON, DC – January 24, 2012 – (RealEstateRama) — As Chairman of the Senate Subcommittee on Housing, Transportation and Community Development, Senator Robert Menendez (D-NJ) along with Representatives Maxine Waters (D-CA), Brad Miller (D-NC) and …

Read the full article: Menendez, Representatives Call on GAO To Report on Foreclosure Reviews ...

AG Settlement: Not Perfect, but Significant Reform of Mortgage Servicing

Washington, D.C. – January 24, 2012 – (RealEstateRama) — Based on what we’ve heard, the settlement between major banks and states’ Attorneys General (AGs), the federal Department of Housing and Urban Development, and the Department of Justice would …

Read the full article: AG Settlement: Not Perfect, but Significant Reform of Mortgage Servicing ...

Attorney General Biden, Legislators, Advocates Mark Launch of New Foreclosure Mediation Program

Wilmington, DE – January 19, 2012 – (RealEstateRama) — Attorney General Beau Biden was joined by a bipartisan coalition of legislators and advocates today to mark the launch of Delaware’s mandatory foreclosure mediation program. The program, which b…

Read the full article: Attorney General Biden, Legislators, Advocates Mark Launch of New Foreclosure Mediation Program ...

National Loan Scam Prevention Database Surpasses Critical Milestone

WASHINGTON, D.C – January 6, 2012 – (RealEstateRama) — The Loan Modification Scam Prevention Network (LMSPN) recently reached a critical milestone in the national effort to stop foreclosure rescue scams. Through the efforts of homeowners, housing coun…

Read the full article: National Loan Scam Prevention Database Surpasses Critical Milestone ...

Attorney General Pam Bondi Sues Two Foreclosure Management Companies for Defrauding Homeowners Facing Foreclosure

TALLAHASSEE, FL – January 5, 2012 – (RealEstateRama) — Attorney General Pam Bondi filed a lawsuit and obtained a temporary injunction and limited asset freeze against two foreclosure management companies for misleading distressed homeowners. MGD Manag…

Read the full article: Attorney General Pam Bondi Sues Two Foreclosure Management Companies for Defrauding Homeowners Facing Foreclosure ...

ABA Lawyers to Help New Yorkers Facing Bankruptcy, Foreclosure and Issues Related to Distressed Properties

WASHINGTON, DC – January 4, 2012 – (RealEstateRama) — The growing rate of foreclosures and bankruptcies hits particularly hard in minority communities, where individuals who need help often have limited access to resources.

Read the full article: ABA Lawyers to Help New Yorkers Facing Bankruptcy, Foreclosure and Issues Related to Distressed Properties ...

Brown Calls for End to Free Pass for Banks that Abandon Foreclosed Homes

CLEVELAND, OH – January 3, 2012 – (RealEstateRama) — After a bureau of the U.S. Treasury Department released new guidelines that amount to a free pass for banks to abandon foreclosed homes—fostering crime and leaving local taxpayers on the hook—U….

Read the full article: Brown Calls for End to Free Pass for Banks that Abandon Foreclosed Homes ...

Attorney General Pam Bondi Asks Fourth District Court of Appeal to Certify Important Foreclosure Investigation Case for Florida Supreme Court Review

TALLAHASSEE, FL – December 30, 2011 – (RealEstateRama) — Attorney General Pam Bondi today filed a motion asking the Fourth District Court of Appeal to certify that its recent decision in Law Offices of David Stern, P.A. v. State of Florida passes upon…

Read the full article: Attorney General Pam Bondi Asks Fourth District Court of Appeal to Certify Important Foreclosure Investigation Case for Florida Supreme Court Review ...