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Stories tagged with: Foreclosure Prevention

Foreclosed House Auction of About 9,500 Units in Georgia
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http://www.foreclosedpropertiesdata.com/blog/georgia/foreclo...
A court-supervised foreclosed house auction of around 9,500 units across Georgia in November was one of the reasons for the appearance of several advocates before a congressional hearing held in Atlanta. A bank association president also testified about bank failures. Join discussion...
Submitted by lets03 1 month, 3 days, 10 hours ago
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Federal Homes Affordable Programs in NY Gets Funding
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http://www.foreclosuredeals.com/wp/federal-homes-affordable-...
Congresswoman Nita Lowey has announced funding to support federal homes affordable programs in several counties in New York. A government agency will also provide grants for housing counseling services. Join discussion...
Submitted by cassy 1 month, 2 weeks, 6 days, 17 hours ago
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Repossession Houses Hold the Fate of FHA
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http://www.foreclosedpropertiesdata.com/blog/foreclosure-hel...
Repossession houses in the FHA loan portfolio will contribute significantly to the ability of the FHA to survive its falling cash reserves. FHA has been increasingly reliant on loan modifications to control its bad loans. Join discussion...
Submitted by cassy 2 months, 1 week, 2 days, 11 hours ago
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Repossessed Houses Rising due to Higher Loan Payments
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http://www.eforeclosuremagazine.com/foreclosure-crisis/repos...
Repossessed houses are expected to continue rising in many areas because of redefaults. According to CreditSights, 27 percent of all loans modified from January 2008 to March 2009 had their monthly payments increased. Join discussion...
Submitted by lets03 2 months, 2 weeks, 4 days, 12 hours ago
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Repo Houses for Sale Need Attention, FDIC Tells Bank Buyers
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http://www.foreclosedpropertiesdata.com/blog/repo-homes/repo...
Repo houses for sale should be contained, according to FDIC which asked buyers of failed banks to consider helping temporarily-unemployed homeowners. FDIC Chairperson Bair asked acquiring banks to help reduce losses under their loss-share agreements. Join discussion...
Submitted by cassy 2 months, 3 weeks, 3 days, 15 hours ago
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Brooklyn Foreclosure Homes Prevention Program
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http://www.foreclosedpropertiesdata.com/blog/new-york/brookl...
A volunteer program is helping a growing number of homeowners avoid Brooklyn foreclosure homes. The program involves providing free legal services to troubled families in Brooklyn. Join discussion...
Submitted by cassy 2 months, 4 weeks, 1 day, 13 hours ago
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Foreclosed Homes Continue to Be Part of Fannie and Freddie
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http://www.eforeclosuremagazine.com/foreclosure-crisis/forec...
Foreclosed homes continue to be part of Fannie Mae and Freddie Mac's operations. They play big roles in loan modifications and foreclosure prevention monitoring while they themselves are clobbered by foreclosures. Join discussion...
Submitted by cassy 3 months, 18 hours ago
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More Colorado Homes Facing Foreclosed Home Listings
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http://blog.topforeclosurelistings.com/foreclosures-by-state...
A great number of homes in a Colorado county are facing the threat of foreclosed home listings. For the first six months of this year, foreclosure filings rose by nearly 30 percent. Join discussion...
Submitted by cassy 3 months, 2 weeks, 6 days, 13 hours ago
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Avoiding Foreclosure: Helpful Tips from Consumer Lawyer
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http://www.foreclosure-support.com/wp/stop-foreclosures/avoi...
A consumer advocate is advising distressed homeowners to know their rights as consumers and prepare well in their foreclosure prevention efforts. They need to document all their dealings with their loan servicers to pressure them to work out loan modifications. Join discussion...
Submitted by lets03 4 months, 11 hours ago
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Complaints Rise Amid Foreclosed Property Crisis
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http://blog.topforeclosurelistings.com/foreclosure-crisis/co...
A consumer survey showed that fraudulent foreclosed property rescue scheme was the most serious complaint in 2008. Industry experts expect that loan modification fraud will top the consumer complaints list this year. Join discussion...
Submitted by lets03 4 months, 1 week, 12 hours ago
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