Foreclosures

Foreclosures

State of Ohio announces launch of $320M foreclosure prevention effort

COLUMBUS, OH - September 27, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced the launch of Restoring Stability:

Blueprint Communities in West Virginia Get a Green Light: Successes in revitalization qualify them...

CHARLESTON, WV - September 27, 2010 - (RealEstateRama) -- The last three years have not been comforting to struggling neighborhoods. Unemployment has risen, credit has tightened, foreclosures have created blight and a soft commercial market has p...

Attorney General Investigating Defective GMAC/Ally Foreclosure Docs, Demands Halt To Its CT Foreclosures

Hartford, CT - September 27, 2010 - (RealEstateRama) -- Attorney Richard Blumenthal announced today his office is investigating defective foreclosure documents filed by GMAC/Ally Finance, Inc. in Connecticut and demanding the company freeze all foreclosures in the state.

Brown Directs Nation’s Fourth Largest Home Lender to Suspend Foreclosures Until It Proves It...

LOS ANGELES, CA - September 27, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. today directed Ally Financial, Inc., formerly known as GMAC, to prove immediately that it is complying with state law or, if it cannot, to cease and desist from foreclosing on California homes.

Scottsdale, Arizona Horse Property For Sale and Real Estate Advice

Scottsdale, AZ - September 27, 2010 - (RealEstateRama) -- If you or any one you know is looking to purchase or sell horse property in Arizona, look no further. Please visit the website below at any time to view all horse property for sale in Arizona free, or to contact an experienced Realtor to answer any questions you might have.

Paradise Valley, Arizona Foreclsoures, Short Sales, Bank Owned Property, and Real Estate

Scottsdale, AK - September 27, 2010 - (RealEstateRama) -- When thinking about buying or selling property in Paradise Valley, Arizona it is of paramount importance to choose a Realtor that has ample experience. You may visit http://www.nicholasmcconnell.com for all of your Arizona Real Estate needs. You need a Realtor that will take the bull by the horns and do what needs to be done.

Poll Finds Further Drop in Housing Prices

Destin, FL - September 27, 2010 - (RealEstateRama) -- The over-whelming majority of Americans feel their housing prices are going down further, according to a new Housing Predictor poll. That’s not surprising news on its own, but the fact that another huge majority feel that housing prices are going down by as much as half again is staggering

Councilmember Alarcon and the Los Angeles NeighborWorks Center for Foreclosure Solutions

Los Angeles, CA - September 24, 2010 - (RealEstateRama) -- In partnership with Councilmember Richard Alarcon and the Los Angeles NeighborWorks® Center for Foreclosure Solutions (CFS) families who are in mortgage distress and facing foreclosure can get immediate help at the upcoming Help & Hope Fair.

New Jersey Home Keeper Program will Aid between 2,500 – 4000 Households Statewide

Trenton, NJ - September 23, 2010 - (RealEstateRama) -- The Christie Administration announced today that New Jersey will receive $112 million in federal funding for anti-foreclosure assistance to help struggling homeowners.

Scottsdale, Arizona Gainey Ranch Foreclosures, Short Sales, and Bank Owned Property Real Estate

Scottsdale, AZ - September 24, 2010 - (RealEstateRama) -- If you are a home owner facing foreclosure, or need to execute a short sale, you are in the correct place. If you are a buyer looking to purchase a home in the Gainey Ranch area of Scottsdale, Arizona, you are in the correct place. Please visit http://www.nicholasmcconnell.com for more information.

NeighborWorks America Reports Industry Fears That Tight Credit May Hamper Efforts to Stabilize Communities...

Washington, D.C. - September 23, 2010 - (RealEstateRama) -- Nonprofit community development corporations working to stabilize communities in the wake of the national foreclosure crisis share a deepening apprehension that tight mortgage credit standards will hamper their ability to sell newly rehabilitated, formerly foreclosed properties, according to a snapshot survey conducted at a recent meeting during the NeighborWorks Training Institute in Philadelphia.

Walz and Boozman Introduce Bipartisan Legislation to Combat Homelessness Amongst Veterans

September 22, 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

Congressman Al Green Announces Federal Grants to Help Houston and Harris County to Counteract...

Washington, D.C. - September 21, 2010 - (RealEstateRama) -- Today, Congressman Al Green (TX-09) announced that the City of Houston and Harris County have been awarded significant funding as part of the Neighborhood Stabilization Program (NSP), which is coordinated by the Department of Housing and Urban Development (HUD).

Completed Home Foreclosures and Delinquent Mortgage Loans Decrease at Maine-Chartered Banks and Credit Unions

AUGUSTA, ME - September 21, 2010 - (RealEstateRama) -- Bureau of Financial Institutions Superintendent Lloyd P. LaFountain, III announced this week that second quarter 2010 data submitted by Maine state-chartered banks and credit unions shows a decrease in completed home foreclosures in Maine. Additionally, the number of delinquent mortgage loans declined for the second consecutive quarter.

Improving HMDA Data can be the Answer to Averting another Foreclosure Epidemic

Washington, DC - September 21, 2010 - (RealEstateRama) -- On Friday, September 24th, NCRC will testify before Federal Reserve Board on making critical improvements to HMDA data, so that lenders can be held accountable for the types of loans they are issuing to communities

Housing Predictor Launches Investors Center

Destin, FL - September 21, 2010 - (RealEstateRama) -- Homes and other residential properties are selling for less than half of what they did a few years back, so now just might be the right time to invest. The real estate research firm that forecasts more housing markets online than any other is introducing a new section on its website to aid real estate investors. Housing Predictor has helped millions of Americans to understand the real estate crash through its insightful analysis and forecasts. The Investors Center will focus on helping real estate investors.

Ruppersberger to Kick Off Foreclosure Prevention Workshop

Towson, MD - September 20, 2010 - (RealEstateRama) -- Congressman C.A. Dutch Ruppersberger (D-MD) will kick off a foreclosure prevention workshop at the Towson National Guard Armory on Saturday, September 18, 2010. Home foreclosures are still a major problem in Maryland.“This struggling economy has been tough on Maryland families. If you are in danger of losing your home, we can help. Please join me as I kick off this Foreclosure Prevention Workshop where you will have the chance to sit down, one-on-one, with housing counselors, mortgage lenders and other experts to discuss your options to keep you in your home,” said Congressman C.A. Dutch Ruppersberger (D-MD)

Court Affirms Cordray’s Case Against Loan Servicer

COLUMBUS, OH - September 17, 2010 - (RealEstateRama) -- Ohio Attorney General Richard Cordray’s lawsuit against Barclays Capital Real Estate dba HomEq Servicing, headquartered in New York City, just took a legal step forward with a recent decision by a state court.

*Tomorrow* CFO Alex Sink’s Florida Housing Help Initiative to Hold Workshop in Orlando

ORLANDO, FL - September 17, 2010 - (RealEstateRama) -- Florida CFO Alex Sink’s Department of Financial Services will offer a Florida Housing Help workshop tomorrow in Orlando. Struggling homeowners will be able talk to lenders and certified HUD counselors about foreclosure issues and options. Representatives of various banks including SunTrust, Chase, Bank of America, Fifth Third, Freddie Mac, HSBC, Wachovia/Wells Fargo will be available, along with counselors from In Charge, HANDS, Consumer Credit Counseling Services, the Internal Revenue Service and Community Legal Services.

Cordray Sues Three Foreclosure Rescue Businesses

COLUMBUS, OH - September 16, 2010 - (RealEstateRama) -- Ohio Attorney General Richard Cordray has filed three new lawsuits against foreclosure rescue operations for bilking Ohioans out of tens of thousands of dollars.

City of Las Vegas Receives $200,000 To Prevent Foreclosures

Las Vegas, NV - September 15, 2010 - (RealEstateRama) -- The Las Vegas City Council today approved an agreement with the U.S. Department of Housing and Urban Development for $200,000 in funding for the Foreclosure Prevention Partnership Program.

New Radio Show Gives Options in Avoiding Foreclosure

Fairfax, VA - September 15, 2010 - (RealEstateRama) -- Advanced Title & Settlements, LLC launched “Ask The Experts For Free” radio show in August as a resource for local homeowners who are facing foreclosure. In today’s economy and real estate market, there are many homeowners who are unable to afford their mortgage

Multifamily Builders Encouraged by Rising Occupancy

WASHINGTON, D.C. - September 13, 2010 - (RealEstateRama) -- The National Association of Home Builders' Multifamily Market Indices (MMI) show that current and expected demand for rental apartments improved significantly in the second quarter of 2010 compared to the first quarter. The current indexes for Class A, Class B and Class C apartments rose to 59.5, 57.6 and 56.6, respectively, increases of more than 15 points when compared to the first quarter and the highest level since 2007. Builders' expectations for demand in the next six months increased to similar levels.

Mega Agent team joins Keller Williams Realty Office in Las Vegas – Las Vegas...

Las Vegas, NV - September 13, 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

Residential Development Site in Raleigh to be Auctioned

Westfield, NJ - September 13, 2010 - (RealEstateRama) -- A major residential development site in Raleigh, N.C., with approval for 126 condominium units will be on the auction block on Wednesday, Oct. 13.

Free Weekly Atlanta Foreclosure Bus Tour Debuts in Atlanta September 18, 2010

Roswell, GA - September 13, 2010 - (RealEstateRama) -- Award-winning Realtor Cindy Lawson, who ranks #1 in her company of 1,200 agents for annual closings and who has specialized exclusively in the REO/foreclosure market for more than 20 years, wanted to do something to both educate and help metro Atlanta home buyers. After more than six months of preparation and research, the Atlanta Foreclosure Bus Tour concept was born. Unlike some area tours that have come and gone or that charge a fee, this weekly bus tour is free to the public and features numerous experts on hand to help with every question possible, from financing to home inspections to real estate contracts

Opinion Poll Finds Housing Market May Collapse

Destin, FL - September 13, 2010 - (RealEstateRama) -- A large majority of respondents think the U.S. housing market is on the verge of a collapse, according to a new opinion poll conducted by Housing Predictor. The survey found that Americans are so troubled over the housing market that they feel it’s on the way further down as home sales weaken

North Carolina Real Estate Speculator Pleads Guilty to Bid Rigging in Real Estate Foreclosure...

WASHINGTON, DC - September 10, 2010 - (RealEstateRama) -- A Raleigh, N.C., real estate speculator pleaded guilty to conspiring to rig bids for public real estate foreclosure auctions held in multiple counties in eastern North Carolina, the Department of Justice announced today.

Sen. Brown Joins Cleveland Housing Counselors to Commemorate One Millionth Customer Receiving Housing Foreclosure...

CLEVELAND, OH - September 10, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today joined Neighborhood Housing Services of Greater Cleveland to commemorate the one millionth customer served through the National Foreclosure Mitigation Counseling Program (NFMC)

Obama Administration Awards Additional $9.3 Million to Stabilize Connecticut Neighborhoods Hard-Hit by Foreclosure

WASHINGTON, DC - September 10, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded an additional $9,322,756 million in funding to Connecticut communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local communities in Connecticut acquire, redevelop or demolish foreclosed properties. (See below for a complete list of Connecticut funding)

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families