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Stories tagged with: Foreclosure Prevention
Foreclosed House Auction of About 9,500 Units in Georgia
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.
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Tags: foreclosed house auction, Foreclosure Prevention, commercial
Federal Homes Affordable Programs in NY Gets Funding
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.
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Tags: federal homes, foreclosure crisis, Foreclosure Prevention
Repossession Houses Hold the Fate of FHA
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.
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Tags: repossession houses, Foreclosures, Foreclosure Prevention
Repossessed Houses Rising due to Higher Loan Payments
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.
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Tags: Repossessed Houses, Foreclosure Prevention, Foreclosures
Repo Houses for Sale Need Attention, FDIC Tells Bank Buyers
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.
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Tags: repo houses for sale, Foreclosure Prevention, Foreclosures
Brooklyn Foreclosure Homes Prevention Program
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.
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Tags: Foreclosure Prevention, avoid foreclosures, foreclosure home
Foreclosed Homes Continue to Be Part of Fannie and Freddie
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.
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Tags: foreclosed homes, Foreclosure Prevention, Fannie Mae
More Colorado Homes Facing Foreclosed Home Listings
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.
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Tags: foreclosed home listings, Foreclosure Prevention
Avoiding Foreclosure: Helpful Tips from Consumer Lawyer
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.
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Tags: homes from foreclosure, Foreclosure Prevention, foreclosure
Complaints Rise Amid Foreclosed Property Crisis
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.
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Tags: properties from foreclosure listings, Foreclosure Prevention
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