Foreclosures

STATEHOUSE, IN - August 25, 2010 - (RealEstateRama) -- Foreclosures are still a major concern for many homeowners and neighborhoods across Indiana with lenders taking action against another 4,876 borrowers in July, state figures showed.

New York, NY - August 24, 2010 - (RealEstateRama) -- While the number of foreclosures continues to seriously outpace the number of loan modifications being made, there are reasons to be optimistic about the performance of those loan modifications. According to a report issued today by the State Foreclosure Prevention Working Group, recent loan modifications are performing better than modifications made earlier in the mortgage crisis.

OLYMPIA, WA - August 24, 2010 - (RealEstateRama) -- Following concerted efforts to prevent unnecessary foreclosures, the Washington Attorney General’s Office and a group of other state attorneys general and banking regulators say they’ve seen improvements in programs designed to help homeowners.

RESTON, Va. - August 24, 2010 - (RealEstateRama) -- This month, the City of Los Angeles joined the Commonwealths of Virginia and Massachusetts, and the State of Connecticut, in accepting the MERS® System as an alternative to the City’s registry of foreclosed properties and property preservation contacts for vacant properties.

BOSTON , MA - August 24, 2010 - (RealEstateRama) -- Attorney General Martha Coakley’s Office has obtained consent judgments against five defendants that perpetrated an unlawful foreclosure rescue scheme against multiple homeowners facing foreclosure that stripped and retained hundreds of thousands of dollars of the victims' home equity.The judgments, entered against Primary Mortgage Resource, Leo Desire, Sr., Robert Marks, Pierre Joseph and Daphne Mompoint, provide for payments of restitution to victims and civil penalties to the Commonwealth and prohibit the defendants from engaging in certain activities that facilitated the scheme

BURLINGTON, VT - August 23, 2010 - (RealEstateRama) -- On July 1, Sarah and Thad Launderville realized their dream of becoming homeowners when they moved into their new house on Williamstown’s Pleasant Street.

BETHEL, CT - August 23, 2010 - (RealEstateRama) -- Countdown To Buy, an innovative online real estate marketplace that offers fair and effective solutions to buy and sell properties, announced today it has received a silver Connecticut Quality Improvement Award Innovation Prize for the Company’s unique online real estate transaction model and marketplace.

WASHINGTON, DC - August 20, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard), a comprehensive report on the nation’s housing market. In July, housing prices remained level after 30 straight months of decline, while some price predictions have improved. In addition, historic low interest rates continued to promote home affordability and refinancing options for the nation’s families. However, the market remains fragile with foreclosure starts showing a slight increase and serious delinquencies continuing to work through the pipeline.

WASHINGTON, DC - August 20, 2010 - (RealEstateRama) -- Mortgage loans guaranteed by the Department of Veterans Affairs (VA) continue to have the lowest rate for serious delinquency and foreclosures in the industry

WASHINGTON DC - August 19, 2010 - (RealEstateRama) -- Today U.S. Representative John Spratt (D-SC) announced additional support for South Carolina through two rounds of funding from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (Hardest Hit Fund),

WASHINGTON DC - August 19, 2010 - (RealEstateRama) -- Today U.S. Representative John Spratt (D-SC) announced additional support for South Carolina through two rounds of funding from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (Hardest Hit Fund),

WASHINGTON DC - August 19, 2010 - (RealEstateRama) -- Today U.S. Representative John Spratt (D-SC) announced additional support for South Carolina through two rounds of funding from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (Hardest Hit Fund),

WASHINGTON DC - August 19, 2010 - (RealEstateRama) -- Today U.S. Representative John Spratt (D-SC) announced additional support for South Carolina through two rounds of funding from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (Hardest Hit Fund),

PHILADELPHIA, PA - August 18, 2010 - (RealEstateRama) -- Homeowners who have lost their jobs and face foreclosure will benefit from the new $1 billion emergency mortgage relief program scheduled to go into effect by Oct. 1, Senator Bob Casey (D-PA) and Congressman Chaka Fattah (D-PA) announced today.

PHILADELPHIA, PA - August 18, 2010 - (RealEstateRama) -- Homeowners who have lost their jobs and face foreclosure will benefit from the new $1 billion emergency mortgage relief program scheduled to go into effect by Oct. 1, Senator Bob Casey (D-PA) and Congressman Chaka Fattah (D-PA) announced today.

New York, NY - August 19, 2010 - (RealEstateRama) -- Senator Andrea Stewart-Cousins (35th District – D/WF) announced that a new law guaranteeing greater protections (S7139) for tenants of buildings in foreclosure has been signed into law.

New York, NY - August 19, 2010 - (RealEstateRama) -- Senator Andrea Stewart-Cousins (35th District – D/WF) announced that a new law guaranteeing greater protections (S7139) for tenants of buildings in foreclosure has been signed into law.

WASHINGTON, DC - August 19, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 29 counties in Missouri and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and tornadoes last month.

WASHINGTON, DC - August 19, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 29 counties in Missouri and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and tornadoes last month.

WASHINGTON, DC - August 19, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 29 counties in Missouri and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and tornadoes last month.

WASHINGTON, DC - August 19, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 29 counties in Missouri and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and tornadoes last month.

Atlanta, GA - August 17, 2010 - (RealEstateRama) -- Short Sale Daily News, an online real estate industry resource to keep up with the frequent changes and current events in the industry, is seeking additional industry experts to be contributors to the site.

August 17, 2010 - (RealEstateRama) -- Latinos and African Americans in California have experienced significantly higher foreclosure rates than non-Hispanic borrowers in the state, according to first-of-its-kind research released today by the Center for Responsible Lending.

RALEIGH, NC - August 13, 2010 - (RealEstateRama) -- If average foreclosure rates for the year stay constant, North Carolina will reach a record of 70,000-plus filings for 2010, according to court data.

RALEIGH, NC - August 13, 2010 - (RealEstateRama) -- If average foreclosure rates for the year stay constant, North Carolina will reach a record of 70,000-plus filings for 2010, according to court data.

las Vegas, NV - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment

las Vegas, NV - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment

las Vegas, NV - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment

Destin, FL - August 16, 2010 - (RealEstateRama) -- Making payments on a mortgage has been a moral issue debated for decades, but Wall Street and the bankers worked together to game the mortgage lending industry like a casino to rake up record profits and nearly destroy the nations economy. Millions of foreclosures and bankruptcies resulted, and now millions of homeowners have ended up as victims.

Henderson, NV - August 11, 2010 - (RealEstateRama) -- Congresswoman Dina Titus of Nevada’s Third District applauded the announcement today that Nevada will receive an additional $34 million through the Hardest Hit Fund to help address the foreclosure crisis in the state by assisting homeowners struggling to make their mortgage payments due to unemployment.