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Foreclosure Shorts - 07/09/2008
Latest articles on Foreclosures
href='http://www.kxmc.com/News/255037.asp'>Iraq security pact...Crude price drops...Foreclosure forecast ...
KXMC - Minot,ND,USA
WASHINGTON (AP) Treasury Secretary Henry Paulson says manyforeclosures can't be prevented because too many people boughthomes that they simply cannot ...
Foreclosure relief law gives homeonwners a voice
Tri Valley Herald - Walnut Creek,CA,USA
It's mainly intended to delay foreclosure, as it doesn'tforce lenders to restructure loans. But the governor and state SenatePresident Pro Tem Don Perata, ...
Home price data may be overstating weakness: Paulson
MarketWatch - USA
Paulson said that home prices typically include foreclosure sales,which usually occur at a discount. In some cities, foreclosure saleshave spiked. ...
AUDIO: California now requires 30-day notice prior to foreclosure ...
Central Valley Business Times - Stockton,CA,USA
Lenders must give homeowners a 30-day notice before they begin aforeclosure action under a new law signed Tuesday. The measure is areaction to the ...
New book by Mill Valley author examines foreclosures
Marin Independent-Journal - San Rafael,CA,USA
Peter Richmond of Mill Valley has written a new book about homeforeclosures and how they affect consumers. Though his primary jobis selling homes, ...
Top judge seeks to stop foreclosures
Baltimore Sun - United States
By Jamie Smith Hopkins | Sun reporter As foreclosure cases continueto mount unabated, Maryland nonprofit groups, elected officials and thecourts are ...
Foreclosure data service DepotPoint raises $7 million
Seattle Times - United States
DepotPoint, which runs a foreclosure-information Web service, saidit has raised $7 million in a second round of venture funding. ...
Foreclosure aid hotline gets calls
Arizona Republic - Phoenix,AZ,USA
The Arizona Department of Housing reports that the ArizonaForeclosure Help Line received 1455 calls from residents seeking aidfrom a ...
Foreclosure Crisis Hitting Homes Not Yet Built
CBS13.com - Sacramento,CA,USA
MANTECA (CBS13) ― The biggest foreclosure ever in theManteca-Lathrop market has rattled homeowners with a dramatic twist in thehousing crisis: Many of the ...
OTS Assesses Effectiveness Of Anti-Foreclosure Measures [Housing ...
Seeking Alpha - New York,NY,USA
Nancy Seats, president of Homeowners Against Defective Dwellings, speakingabout the case of a homeowner who managed to stop a foreclosure onher home four ...
Governor Lynch Signs Law Aimed At Protecting Consumers From ...
Politicker - New York,NY,USA
Lynch signed a law aimed at protecting homeowners from losing their homes -and the valuable equity they have built into their homes - toforeclosure scams. ...
Providing Relief from Foreclosure While Preserving Access to Credit
Originator Times - USA
SACRAMENTO, CA - Senate Bill 1137 by State Senator Don Perata will provideimmediate relief to families currently facing foreclosure withoutarbitrarily ...
Foreclosures increase, DepotPoint lands cash
Seattle Post Intelligencer - USA
With foreclosures continuing to rise, Bellevue-based DepotPoint hasscored $7 million to roll out new online services that help real estateprofessionals ...
HOPE NOW Numbers Show Foreclosure Crisis Worsening
Originator Times - USA
A closer look at HOPE NOW's data shows these numbers greatly overstatethe help being provided and that the foreclosure crisis continues toaccelerate and ...
Avoiding Foreclosure. Trading Down.
Chatmag.com - Gainesville,FL,USA
We've all heard the bad news, the mortgage lenders are posting recordforeclosures, and borrowers are going into bankruptcy. Thecombination of higher gas ...
Expert Says There's Hope During A Foreclosure
WXii 12.com - Winston-Salem,NC,USA
Scales said that after 90 days, lenders usually begin foreclosureproceedings, followed by a note from the sheriff's department stating ahearing has been ...
Delaware and Sussex County to Host Foreclosure Prevention Seminar
DSNews.com - Hurst,TX,USA
The event will focus on the foreclosure process in Delaware, as wellas the options available to homeowners who find themselves falling behindon their ...
Congress Returns, Vote for Foreclosure Prevention Act to Happen ...
DSNews.com - Hurst,TX,USA
Among the bills for discussion this week: HR 3221, the ForeclosurePrevention Act of 2008. With an 84 to 12 vote on April 10, the bill passedthe Senate ...
Foreclosure Reform Bill Clears CA State Assembly
Mortgageorb - Oxford,CT,USA
By MortgageOrb.com on Monday 07 July 2008 SB1137, which is designed toreform the foreclosure process in California for the benefit ofhomeowners trying to ...
CBO Projects Housing Bailout Program Will Send 140000 Families ...
TPM - New York,NY,USA
They project that 35 percent of the homeowners "helped" under theplan, or 140000 families, will find themselves again facingforeclosure. ...
Will Foreclosures Affect Voting Rolls?
CBS News - New York,NY,USA
(AP) Election officials worry that the state's home foreclosureproblem will pose a problem this November for voters still registered attheir former ...
Ohio Foreclosure problem could affect election
WTTE - Columbus,OH,USA
COLUMBUS, Ohio (AP) -- The Columbus Dispatch is reporting that the homeforeclosure problem could mean a different kind of trouble forvoters this November ...
On the House: City works to reduce foreclosure
Philadelphia Inquirer - Philadelphia,PA,USA
The city has embarked on a program to bring lenders and owners of primaryresidences with delinquent mortgages together, to keep theforeclosure rate under ...
Foreclosed homes that just go to pot
Chicago Tribune - United States
The wounded real estate market and its evil cousin, foreclosure,wear many faces—some of which we never saw coming. Goodness, where tobegin? ...
Alleged scams dotted foreclosure landscape
Houston Chronicle - United States
By the end of the year, many buyers were unable or unwilling to makepayments and nine of 24 units had been lost to foreclosure. Many ofthe sales, ...
As foreclosures rise, mortgage assistance tapers off
Houston Chronicle - United States
Foreclosures, meanwhile, have continued to escalate. According toHope Now's data, sales of foreclosed properties were running atnearly 82000 per month in ...
Foreclosure fighter hits Phoenix
Arizona Republic - Phoenix,AZ,USA
6, 2008 12:00 AM A big player in the fight against foreclosure hasexpanded to Arizona and plans to conduct its first major outreach effort inPhoenix this ...
Gas prices fuel home defaults: Monroe foreclosures head for new record
Pocono Record - Stroudsburg,PA,USA
By David Pierce STROUDSBURG — The number of Monroe County home mortgagedefaults continues to escalate, with a record 768 foreclosure casesfiled the first ...
Arizona rate increases to peak in July
Arizona Republic - Phoenix,AZ,USA
More Arizonans than ever before will face the threat of foreclosurethis summer as their adjustable-rate mortgage loans jump to a higherinterest bracket. ...
8:01 pm: Another foreclosure side effect: Some could see their ...
Inland Valley Daily Bulletin - Ontario,CA,USA
By Karen Jonas, correspondent As the number of foreclosed homesrises, people who pay homeowners association fees could see their ratesincrease because of ...
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