Foreclosures
Home Foreclosures
Five Indicted in Combination Foreclosure Rescue/Drug Distribution Scheme
PLANO, TX - July 16, 2012 - (RealEstateRama) -- Five individuals have been indicted have been indicted for their roles in a combination foreclosure rescue/drug distribution scheme in the Eastern District of Texas, announced U.S. Attorney John M. Bales ...
Sign-on to permanently protect tenants from foreclosure
Harrisburg PA - July 13, 2012 - (RealEstateRama) -- In 2009, the enactment of the Protecting Tenants at Foreclosure Act (PTFA) was a major step forward in achieving housing stability for renters living in a property in foreclosure. The Act ensures that...
California Homeowner Bill of Rights Signed into Law
LOS ANGELES, CA - July 12, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris announced that the Homeowner Bill of Rights, which will protect homeowners and borrowers during the mortgage and foreclosure process, was signed into law today by G...
Gov. Jerry Brown Signs Homeowner Bill of Rights
WASHINGTON, D.C. - July 12, 2012 - (RealEstateRama) -- Gov. Jerry Brown signed into law the California Foreclosure Reduction Act today inLos Angeles. The bills, AB 278 and SB 900, are designed to reduce unnecessary foreclosures in the state and were cr...
Governor Cuomo Announces Foreclosure Prevention Program to Offer Help to Bedford-Stuyvesant Homeowners
Albany, NY – July 11, 2012 – (RealEstateRama) — Governor Andrew M. Cuomo today announced that the Department of Financial Services, in partnership with Neighborhood Housing Services of Bedford-Stuyvesant, is reaching out to offer help...
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR MINNESOTA STORM VICTIMS
WASHINGTON, DC - July 10, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Minnesota and provide support to homeowners and low-income renter...
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR FlORIDA STORM VICTIMS
WASHINGTON, DC - July 6, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters f...
First-in-the-nation legislative package will make foreclosure process fairer, hold banks accountable
WASHINGTON, D.C. - July 3, 2012 - (RealEstateRama) -- Both houses of the California Legislature today approved the Foreclosure Reduction Act, a bill designed to reduce unnecessary foreclosures in the state. The bill is the centerpiece legislation of At...
FHFA Announces Next Steps in REO Pilot Program
Washington, DC - July 3, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that the winning bidders in a real estate owned (REO) pilot initiative have been chosen and transactions are expected to close early in the th...
Foreclosure Prevention seminars offered
June 29, 2012 - (RealEstateRama) -- Macomb County MSU Extension will be holding free informational seminars on foreclosure prevention at 10 a.m. on Friday, July 13 and at 1 p.m. on Tuesday, July 24 at the VerKuilen Building, 21885 Dunham Road, Clinton ...
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR COLORADO FIRE VICTIMS
WASHINGTON, DC - June 29, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Colorado and provide support to homeowners and low-income renters...
Reps. Lewis, Scott, Johnson to Governor Deal: Invest mortgage settlement funds in foreclosure prevention
ATLANTA, GA - June 25, 2012 - (RealEstateRama) -- U.S. Representatives John Lewis, David Scott, and Hank Johnson today urged Georgia Governor Nathan Deal, Community Affairs Commissioner Michael Beatty, and Economic Development Commissioner Chris Cummis...
Joint Statement of Reps. Lewis, Scott, Johnson regarding use of mortgage settlement funds
June 25, 2012 - (RealEstateRama) -- Yesterday, U.S. Reps. John Lewis, David Scott, and Hank Johnson sent a letter to Georgia Governor Nathan Deal, Community Affairs Commissioner Michael Beatty, and Economic Development Commissioner Chris Cummiskey urgi...
Foreclosed homes available online through dynamic IDX enabled California search page and agent Jason...
EUGENE, ORE. – Chula Vista, California real estate agent Jason Murguia has collaborated with IDX, Inc. to bring a revolutionary real estate website to home seekers around California. Now, IDX Broker syncs with the website Murguia hosts to display tho...
Statement By A.G. Schneiderman On The Passage Of The Foreclosure Fraud Prevention Act In...
ALBANY, NY - June 22, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman released the following statement today on the overwhelming passage of The Foreclosure Fraud Prevention Act of 2012 in the state Assembly:
Assembly Approves Landmark Foreclosure Fraud Prevention Act of 2012
New York, NY - June 22, 2012 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Judiciary Committee Chair Helene Weinstein today announced the passage of the Foreclosure Fraud Prevention Act of 2012. This historic measure would protect New York'...
AG Kilmartin and Mayor Taveras Host Mortgage Foreclosure Prevention and Loan Modification Workshop
June 20, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin and Providence Mayor Angel Taveras, in partnership with the Loan Modification Scam Alert campaign, will host a free mortgage foreclosure prevention and loan modification workshop o...
Fannie Mae and Freddie Mac Help More Than 2.3 Million with Foreclosure Prevention Actions;
Washington, DC - June 15, 2012 - (RealEstateRama) -- Fannie Mae and Freddie Mac have completed more than 2.3 million foreclosure prevention actions since the start of conservatorship in 2008, including 1.1 million permanent loan modifications. These ac...
Short Sales in Las Vegas Outselling Foreclosures
Las Vegas, NV - June 15, 2012 - (RealEstateRama) -- Since the passage of AB284, short sale inventory in Las Vegas has been catching up with foreclosures. Now, for the first time ever, short sale closings account for the vast majority of homes sold in L...
U.S. Rep. Peters and local housing experts fight to help underwater homeowners stay in...
Farmington Hills, MI - June 14, 2012 - (RealEstateRama) -- Today U.S. Rep. Gary Peters marked National Homeownership Month by discussing his bill, the Preserving American Homeownership Act, with local housing nonprofits and realtors at a press conferen...
A.G. Schneiderman Introduces Legislation To Protect New Yorkers From Foreclosure Fraud
ALBANY, NY - June 14, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the introduction of his bill in the state Legislature that would protect New Yorkers from fraudulent business practices like "robosigning" in the for...
Assembly Approves Measure to Expedite Residential Foreclosure Cases
New York, NY - June 14, 2012 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Judiciary Committee Chair Helene Weinstein today announced the approval of legislation that would help homeowners facing foreclosure by ensuring that lenders bringin...
FTC Action Halts Alleged “Forensic Audit” Scam that Targeted Consumers in Danger of Losing...
WASHINGTON, D.C. - June 13, 2012 - (RealEstateRama) -- At the request of the Federal Trade Commission, a U.S. district court has halted an operation that allegedly preyed on financially vulnerable homeowners, convincing them to pay $1,995 or more by ho...
Grijalva Office Co-Hosting Foreclosure Prevention and Response Workshop Tomorrow – Congressman Calls for Overdue...
Washington, D.C. - June 12, 2012 - (RealEstateRama) -- Rep. Raúl M. Grijalva’s office is co-hosting a foreclosure prevention and response workshop on Sat., June 9, at 9:00 a.m. at the Yuma Civic and Convention Center at 1440 W. Desert Hills Drive. T...
Help for homeowners facing foreclosure
June 12, 2012 - (RealEstateRama) -- House returns HEMAP funding bill to Senate for chamber’s expected approval. A bill to provide a multi-year funding stream to the state’s currently idled Homeowners Emergency Mortgage Assistance Program (HEMAP) is...
NeighborWorks America Announces That More Than 1.3 Million Households Have Received Help From National...
Washington, D.C. - June 12, 2012 - (RealEstateRama) -- More than 1.3 million homeowners have received foreclosure prevention counseling by local nonprofits and state housing finance agencies participating in the National Foreclosure Mitigation Counseli...
U.S. Reps. Peters, Campbell and Ellison Introduce Bipartisan Plan to Help Underwater Homeowners Stay...
Washington, D.C. - June 11, 2012 - (RealEstateRama) -- U.S. Reps. Gary Peters (D-MI), John Campbell (R-CA) and Keith Ellison (D-MN) introduced the Preserving American Homeownership Act of 2012. The crux of this legislation is the creation of a princip...
Helping Atlanta Homeowners Avoid Foreclosure
Jonesboro, - June 11, 2012 - (RealEstateRama) -- Last week, in College Park, 1,478 homeowners attended the “Help for Homeowners Event” at the Georgia International Convention Center. It was the fourth time the Obama Administration has sponsored an ...
Attorney General Kamala D. Harris Announces Arrest of Two Individuals in Foreclosure Scam Targeting...
LOS ANGELES, CA - June 11, 2012 - (RealEstateRama) -- California Attorney General Kamala D. Harris today announced the arrest of two individuals in a $1.3 million Ponzi scheme that targeted Latino investors, many of whom were seniors.
HUD TO EXPAND SALE OF TROUBLED MORTGAGES THROUGH PROGRAM DESIGNED TO HELP BORROWERS AVOID...
CHICAGO, IL - June 11, 2012 - (RealEstateRama) -- Thousands of borrowers severely delinquent on loans insured by the Federal Housing Administration (FHA) will have help from a new servicer to explore affordable mortgage solutions or achieve a favorable...
