Foreclosures

Washington, DC - May 21, 2010 - (RealEstateRama) -- The National Association of Realtors® offered some suggestions to Congress today toward making a good Veterans Affairs Home Loan Guaranty Program even better

LOS ANGELES, CA - May 20, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. today announced that nine men engaged in a Southern California boiler room, tricked out in high-roller style with a roulette wheel and other casino equipment, have been charged with 97 criminal counts for stealing at least $2.3 million from more than 1,500 desperate homeowners who were promised loan modifications but received no relief.

ANNAPOLIS, MD - May 20, 2010 - (RealEstateRama) -- Governor Martin O’Malley joined Lt. Governor Anthony Brown, Senate President Thomas V. Mike Miller Jr., and House Speaker Michael E. Busch in signing a tough new law bringing mortgage giants to the table when beginning a foreclosure proceeding in Maryland. This morning, Governor O’Malley met over breakfast with more than 200 faith leaders, acknowledging their efforts in foreclosure prevention outreach and their role moving forward under this new legislation.

SAN FRANCISCO, CA - May 20, 2010 - (RealEstateRama) -- Trulia.com, smart real estate search to help you make better decisions, and RealtyTrac, the leading online marketplace for foreclosure properties, today released the latest results of an ongoing survey tracking home buyers’ attitudes towards foreclosures. The new online survey conducted on their behalf from May 10-12, 2010 by Harris Interactive® showed a notable decrease in consumers’ willingness to buy foreclosed properties compared to one year ago. Currently, 45 percent of U.S. adults age 18 and above are at least somewhat likely to consider purchasing a foreclosed home in the future, compared to the 55 percent of U.S. adults age 18 and above surveyed online by Harris Interactive® between May 1-5, 2009.

Washington, DC - May 19, 2010 - (RealEstateRama) -- As families across New York and across the country struggle to find work after losing their jobs for no fault of their own, U.S. Senator Kirsten Gillibrand is advancing legislation to provide temporary mortgage relief for struggling families to stave off the threat of foreclosure.

Destin, FL - May 19, 2010 - (RealEstateRama) -- The worst housing markets forecast by Housing Predictor in 2010 are projected to do better than what was first forecast at the beginning of the year, according to the latest update of the worst 25 markets.

Administration to work with Congress on Third Round of Neighborhood Stabilization Program, additional foreclosure prevention counseling dollars. WASHINGTON, DC - May 18, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that the Obama Administration will work with Congress to find ways to help state and local governments more effectively combat the ongoing effects of the housing crisis and home foreclosures through additional funding for the Department’s Neighborhood Stabilization Program (NSP) and foreclosure prevention counseling. Donovan made the announcement today at a roundtable with Washington, D.C.-based reporters sponsored by the Christian Science Monitor.

IRVINE, CA - May 18, 2010 - (RealEstateRama) -- RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced the hiring of technology and Internet veteran Jesse Gant. In his role as Vice President of Product and User Experience, Gant will lead a team to develop a product plan and vision, leveraging the company’s innovative applications and capabilities, to drive membership and revenue growth.

Washington, DC - May 18, 2010 - (RealEstateRama) --Today, the Treasury Department released figures for the Home Affordable Modification Program (HAMP) through April of this year. The numbers show that roughly 300,000 borrowers have received a permanent modification under the program. Meanwhile, foreclosure filings continue at a rate above 300,000 for the 14th straight month, according to Realty Trac

Cromwell , CT - May 17, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, is announcing an all day seminar with Than Merrill and Patrick Precourt. The event will take place on Saturday May 22nd, from 9:00am to 5:00pm, at the Courtyard by Marriott on 4 Sabethe Drive in Cromwell, CT. This event is $29 for CT REIA members, and $39 for non-members.

TRENTON, N.J. - May 13, 2010 - (RealEstateRama) -- New Jersey Department of Community Affairs’ (DCA) Acting Commissioner Lori Grifa today announced that the New Jersey Housing Mortgage Finance Agency (HMFA) has been awarded a $966,407 federal grant to support foreclosure prevention efforts statewide.

Albany, NY - May 14, 2010 - (RealEstateRama) -- The State Division of Housing and Community Renewal (DHCR) today announced 26 awards totaling $9.6 Million that will help more than 97,000 New York homeowners avoid foreclosure.

BOSTON, MA - May 13, 2010 - (RealEstateRama) -- AG Coakley has reached settlements with a Fairhaven real estate company and a real estate broker for delivering alleged deceptive notices to tenants living in foreclosed properties in Roxbury and southeastern Massachusetts in an effort to unlawfully break their lease agreements and remove them from the properties. The notices allegedly threatened to remove the tenants and their belongings from the premises if the defendants were not immediately contacted.The Assurances of Discontinuance filed yesterday in Suffolk Superior Court against RE/MAX Classic of Fairhaven and real estate broker Simone Schettino provide a broad range of relief and preventive measures to ensure their future compliance with state and federal consumer protection laws

PALM HARBOR, FL - May 13, 2010 - (RealEstateRama) -- U.S. Rep. Gus M. Bilirakis (R-Fla.), representing Florida’s 9th Congressional District including portions of Pasco, Pinellas and Hillsborough counties, will be hosting a home foreclosure assistance workshop on Saturday, May 22, 2010.

IRVINE, CA - May 13, 2010 - (RealEstateRama) -- RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for April 2010, which shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 333,837 properties in April, a 9 percent decrease from the previous month and a 2 percent decrease from April 2009. One in every 387 U.S. housing units received a foreclosure filing during the month.

New York, NY - May 13, 2010 - (RealEstateRama) -- The Advertising Council, in partnership with NeighborWorksAmerica, announced today the launch of new national public service advertisements (PSA) designed to educate homeowners about where they can turn for help if they are at risk of foreclosure. The campaign encourages distressed homeowners to call the Homeowner’s HOPE Hotline, a free resource that helps homeowners facing foreclosure move closer to finding a resolution.

Destin, FL - May 12, 2010 - (RealEstateRama) -- A large majority say the expiration of the federal home buyers tax credit is likely to damage the housing market, according to a new opinion poll by Housing Predictor.

Workshop planned for Fort Wayne WorkOne Center. STATEHOUSE, IN - May 11, 2010 - (RealEstateRama) -- Fort Wayne-area lawmakers today urged Hoosiers facing foreclosures to attend free one-hour workshops now being hosted across the state.

Denver, CO - May 11, 2010 - (RealEstateRama) -- Michael Bennet, U.S. Senator for Colorado, spoke with a homeowner hoping to stave off foreclosure while answering calls at the Colorado Foreclosure Prevention Hotline today. Bennet also heard from counselors on the ongoing challenges the organization faces as a leader in helping Coloradans stave off foreclosures and stay in their homes.

BOSTON, MA - May 11, 2010 - (RealEstateRama) -- A former Adams man has been ordered to pay $185,657 in damages and civil penalties for engaging in mortgage fraud that resulted in a string of foreclosures in Adams, Greenfield, North Adams, and Pittsfield, Attorney General Martha Coakley’s Office announced today.AG Coakley’s Office obtained a Final Judgment against Richard E. Doherty, 65, of Norwich, Connecticut, resolving claims of mortgage fraud that were outlined in a 2008 lawsuit. The final judgment, entered by Suffolk Superior Court Judge Elizabeth Fahey last week, determined Doherty violated the Consumer Protection Act when he obtained loan proceeds by fraudulently procuring mortgages on multi-family homes and commercial buildings in communities in Western Massachusetts.

New York, NY - May 11, 2010 - (RealEstateRama) -- RE/MAX was started with a single office in Denver, Colorado, and now it grown into more than 75 countries along with about 100,000 Sales Associates. RE/MAX topped a record 630 for the year 2009 by global franchise sales that show its explosive growth in several regions such as Portugal grew 100 percent, southwest Germany increased 200 percent and Israel was up 45 percent.

WASHINGTON, DC - May 11, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to Imperial County in California and provide support to homeowners and low-income renters forced from their homes following last month's earthquake.

Washington, DC - May 11, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich today held a roundtable discussion between state and local officials, housing advocates and representatives of the Treasury Department. Assistant Secretary for Financial Stability Herb Allison came to Northeast Ohio at the request of Kucinich in order to understand how federal efforts to help prevent foreclosure can be improved to meet Ohio’s needs. The meeting enabled more than 50 state and local officials to weigh in on the implementation guidelines that Treasury is currently writing.

Atlanta, GA - May 10, 2010 - (RealEstateRama) -- Atlanta real estate agent Mark Spain and his team, who annually rank as oneof the top 20 RE/MAX teams in the world for closings, wanted to do somethingmore to help metro Atlanta homeowners, especially those in danger of losingtheir homes. In the last year, the Mark Spain Team has taken numerous steps to informthemselves so they could, in turn, educate and help homeowners

WASHINGTON, D.C. - May 10, 2010 - (RealEstateRama) -- If you are facing default on your mortgage or foreclosure on your home, watch out for the latest scam: phony “forensic mortgage loan audits.” Con artists claim that for an upfront fee, their audits can help you hold onto your home. Don’t believe them.

SOUTH BEND, IN - May 6, 2010 - (RealEstateRama) -- Facing foreclosure isn't easy. Recovering money lost to a foreclosure consultant scammer isn't either. Attorney General Greg Zoeller visited South Bend today to warn Hoosiers that foreclosure scams affect all parts of the state, and reminded homeowners to be careful about where to turn for financial advice. Zoeller filed a lawsuit today against USA Mortgage Aid, Inc., a California-based foreclosure consultant company, which scammed a St. Joseph County homeowner out of $1,700.

May 6, 2010 - (RealEstateRama) -- The state Senate today took final action on legislation to extend the state’s highly successful foreclosure mediation program for an additional two years, a move shepherded by Banks Committee co-chair Senator Bob Duff (D-Norwalk)

NEW YORK, NY - May 5, 2010 - (RealEstateRama) -- Building on its success in helping Florida homeowners, Chase today announced that it will host multi-day Homeowner Assistance Events exclusively for struggling Chase homeowners in eight major U.S. markets this year.

Salem, OR - May 3, 2010 - (RealEstateRama) -- Oregon Housing and Community Services (OHCS) recently received $284,988 to support local foreclosure prevention counseling efforts across Oregon.

Kennesaw, GA - May 4, 2010 - (RealEstateRama) -- Dr. Aileen Szabo recentlyjoined Prudential Georgia Realty. Sheis based out of Prudential Georgia Realty’s Northwest office, located on2414 Dallas Highway in Marietta