Foreclosures

Scottsdale, AZ - October 6, 2010 - (RealEstateRama) -- It is of extreme importance to higher a Realtor that has been in this type of market before. You may visit at any time to contact an experienced, aggressive Realtor with Coldwell Banker that will help you buy or sell propery in Desert Mountain. The guidelines have changed along with the time frames, and paperwork needed to execute a purchase or sale of a property here in Arizona

ANNAPOLIS, MD - October 5, 2010 - (RealEstateRama) -- Governor Martin O’Malley issued this statement today in support of Congressman Cummings’ request for a halt on foreclosures in Maryland. In addition, Governor O’Malley has signed a joint letter with Congressman Cummings and Attorney General Gansler calling on Maryland mortgage servicers to halt current and future foreclosure proceedings until Maryland homeowners can be assured they’re being treated fairly:

BALTIMORE, MD - October 5, 2010 - (RealEstateRama) -- In light of recent developments concerning faulty affidavits filed in foreclosure cases, Attorney General Douglas F. Gansler, Governor Martin O’Malley, and Congressman Elijah Cummings today called on the major mortgage companies to halt foreclosure proceedings in Maryland while the companies thoroughly review the manner in which affidavits are prepared, reviewed and signed, and the sufficiency of the process employed to verify elements of default leading to a foreclosure.

Washington, DC - October 5, 2010 - (RealEstateRama) -- Today, U.S. Congresswoman Gwen Moore (D-Milwaukee) announced that Wisconsin will receive more than $51.5 million to help keep unemployed homeowners in their homes.

Scottsdale, AZ - October 5, 2010 - (RealEstateRama) -- If you are thinking about buying a foreclosure in Scottsdale, Arizona please visit http://www.nicholasmcconnell.com for all of your Arizona Real Estate needs. The difference between a good Realtor and a bad Realtor can cost you hundreds of thousands of dollars. Purchasing a home may be the single most important investment of your life, and possibly the largest purchase you will ever make. When you are dealing with hundreds of thousands of dollars, it may be a good idea to use a Realtor with experience, a fine knowledge of the area, education, and aggressiveness. An aggressive Realtor that knows how to negotiate the price of the home with you effectively may be the single most important factor when getting a good price on a home.

Destin, FL - October 5, 2010 - (RealEstateRama) -- From the looks of the first housing market forecasts for 2011 it’s going to be a much better year. That’s the way it appears from the annual “Lucky 7” best investor market forecasts just released by Housing Predictor

Washington, D.C. - October 4, 2010 - (RealEstateRama) -- Following the news that Ally Financial improperly handled foreclosure documents and decisions by several of the largest mortgage servicers to freeze foreclosures,

LOS ANGELES, CA - October 4, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. has demanded that JP Morgan Chase prove immediately that it is complying with state law or, if it cannot, halt foreclosing on California homes.

October 4, 2010 - (RealEstateRama) -- Five Maine residents filed a complaint today against GMAC Mortgage, LLC (GMAC) on behalf of themselves and a class of Maine homeowners, alleging that the company routinely and systematically files false certifications that it has a right to foreclose on Maine homeowners, and false affidavits when asking courts to enter foreclosure judgments

October 4, 2010 - (RealEstateRama) -- Study by NYU’s Furman Center and Institute for Education and Social Policy Finds Increase in Students With Homes in Foreclosure since 2003; Black Children Disproportionately Affected; Hard Hit Schools Clustered in Northern Brooklyn and Southeastern Queens

McLean, VA - October 4, 2010 - (RealEstateRama) -- The following statement was issued today by Bruce Witherell, Chief Operating Officer for Freddie Mac (OTC:FMCC). "Freddie Mac is deeply concerned about recent reports that there may be affidavits that were improperly executed in connection with foreclosures. The alleged practices in these reports are clearly not in compliance with Freddie Mac's guidelines and directives to its servicers

Scottsdale, AZ - October 4, 2010 - (RealEstateRama) -- Nicholas McConnell http://www.nicholasmcconnell.com with Coldwell Banker is the first experienced Realtor you want to speak with when thinking about buying or selling property in Silverleaf. If you want the best possible price regardless if you are buying or selling property, I am the first Realtor you want to speak with. Nicholas McConnell is a Short Sale / Foreclosure specialist in Scottsdale.

PROVIDENCE, RI - September 27, 2010 - (RealEstateRama) -- U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) and Congressman Jim Langevin (D-RI) today announced that Rhode Island will receive an additional $22.8 million in federal “Hardest Hit”

October 1, 2010 - (RealEstateRama) -- Attorney General Richard Blumenthal today asked the state Judicial Department to freeze all home foreclosures for 60 days because of defective document filings and institute measures to assure the integrity of future filings.

Los Angeles, CA - October 1, 2010 - (RealEstateRama) -- Councilmember Alarcon will attend to help kick-off the event. Additional organizations supporting the fair include Los Angeles Neighborhood Housing Services (LA NHS), City of Los Angeles, FDIC, Keep Your Home Foundation, Bet Tzedek, Legal Aid Foundation-Los Angeles and Public Counsel. The CALIFORNIA ASSOCIATION OF REALTORS(r) is working in conjunction with the partnership as well

TUCSON, AZ - October 1, 2010 - (RealEstateRama) -- U.S. Rep. Gabrielle Giffords today called for an immediate three-month national moratorium on foreclosures so lenders and loan servicers can address rampant problems that have led to homeowners being wrongly removed from their homes

Washington, DC - September 30, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) secured another victory in his campaign to protect Ohio homeowners from foreclosure after JP Morgan Chase decided to freeze ongoing foreclosures because of serious mistakes the company has made with homeowners’ paperwork.

Washington, DC - October 1, 2010 - (RealEstateRama) -- The Center for Housing Policy, the Local Initiatives Support Corporation (LISC) and the Urban Institute have compiled and released the first data on seriously delinquent mortgages for all 366 U.S. metro areas. “Seriously delinquent” mortgages are those that are delinquent 90 days or more or are in the foreclosure process. An analysis of these data for the nation’s 100 largest metropolitan areas reveals a 32 percent increase over a one-year period in the share of mortgages that are seriously delinquent. In March 2010, more than one in ten mortgages (10.2 percent) in the 100 largest metropolitan areas was seriously delinquent – up from one in 13 mortgages (7.7 percent) in March 2009

Washington, DC - October 1, 2010 - (RealEstateRama) -- While home buyers and sellers continue to be discouraged and frustrated by the complex and lengthy short sale process, the National Association of Realtors® is making sure Realtors® have the resources and tools they need to help consumers navigate these transactions. As part of that effort, NAR has just launched the HAFA (Home Affordable Foreclosure Alternatives) Short Sales course

Raleigh, NC - September 30, 2010 - (RealEstateRama) -- North Carolina homeowners, especially those struggling with financial problems, will have more protection from schemes that can lead to problems like foreclosure starting Friday, Attorney General Roy Cooper said today.

Snellville, GA - September 30, 2010 - (RealEstateRama) -- Foreclosur Tour of Bank Owned Homes in Decatur, Lithonia & Snellville. This tour will be Showcase of 6 homes. Price range of homes from 77,900 to $119,900.

Salisbury, MD - September 30, 2010 - (RealEstateRama) -- Doug Marshall of Marshall Real Estate Auctions announces one of the Eastern Shore’s largest Bank-Owned and Estate-Owned auctions, featuring properties from Worcester, Wicomico and Dorchester counties. This multi-property event offers buyers the opportunity to save up to 50% or more on everything from commercial properties to farms, Bayfront lots [one sold Absolute, No Reserve], estate homes, investment properties and more at discount auction prices, all either Absolute or with incredibly Low Minimum Bids.

Las Vegas, NV - September 29, 2010 - (RealEstateRama) -- The Ballen Group, one of the country’s top-producing real estate teams, is leaving Coldwell Banker Wardley to join the Keller Williams Realty team in the Keller Williams Realty Las Vegas Market Center

Washington, DC - September 29, 2010 - (RealEstateRama) -- Today, Rep. Tim Walz (MN-01) and Rep. John Boozman (AR-3) introduced bipartisan legislation to help prevent veterans with VA home loans from becoming homeless due to foreclosure. The legislation mandates that the VA notify its homelessness case managers within seven days of a VA home loan going into default and that the case manager assigned put in place a plan to prevent the veteran from subsequently becoming homeless due to the foreclosure.The Veterans’ Homelessness Prevention and Early Warning Act of 2010 preemptively addresses homelessness amongst Americans veterans. VA-backed home loans, like the larger housing industry, have seen a steady increase in the foreclosure rate over the last three years. In 2007, 8,113 foreclosures of VA loans were completed. In 2009, that number had risen to 15,145

Washington, DC - September 29, 2010 - (RealEstateRama) -- U.S. Senators Blanche Lincoln and Mark Pryor and U.S. Representative Vic Snyder (AR-02) today announced that the Arkansas Development Finance Authority will receive $5,000,000 in U.S. Department of Housing and Urban Development (HUD) funds through the Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law in July. The funding will help stabilize communities in Arkansas that have suffered from high rates of foreclosure

COLUMBUS, OH - September 28, 2010 - (RealEstateRama) -- In a letter sent today to Ohio judges, Attorney General Richard Cordray has requested the state courts to make a special review of all foreclosure cases that involve GMAC Mortgage.

Washington, DC - September 29, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today welcomed a new infusion of federal funds from the Department of Treasury to prevent foreclosures in Ohio.

Raleigh, NC - September 28, 2010 - (RealEstateRama) -- Attorney General Roy Cooper’s Consumer Protection Division has launched an investigation into questionable tactics during foreclosures by Ally Financial and its subsidiary, GMAC Mortgage.

September 28, 2010 - (RealEstateRama) -- Beginning this Thursday, homeowners facing foreclosure or short sale of their property will no longer be subject to the state’s real estate conveyance tax, state Senator Bob Duff (D-Norwalk), Senate chair of the General Assembly’s Banks Committee said today

Washington, DC - September 27, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today announced that applications from Ohio homeowners are now being accepted for funds made available through the Administration’s $172 million Hardest Hit Fund for Ohio.