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FBI: ‘Sovereign citizens’ fraudulently taking over foreclosed homes – CNN International

FBI: 'Sovereign citizens' fraudulently taking over foreclosed homesCNN InternationalOn March 3, a sheriff's department in an Atlanta suburb evicted a couple who had filed invalid papers claiming ownership and stayed in a foreclosed home for… [...]

AARP sues HUD over reverse mortgage foreclosures – Housing Wire

AARP sues HUD over reverse mortgage foreclosuresHousing WireA reverse or Home Equity Conversion Mortgage allows the borrower, who must be at least 62 years old, to convert a portion of the equity in the home for cash. No repayment is required until the… [...]

BarCap expects industry pushback on mortgage servicing proposal – Housing Wire

BarCap expects industry pushback on mortgage servicing proposalHousing WireAccording to the proposal, the foreclosure start would be delayed until the borrower is considered for the Home Affordable Modification Program, proprietary programs and other l… [...]

Baltimore Hosts US House Hearing on Foreclosures – ABC News

Syracuse.comBaltimore Hosts US House Hearing on ForeclosuresABC News"I wanted desperately to save my home or find any other alternative to foreclosure," he said. Matthews said he called his servicer 50 times over a year to try to work somethi… [...]

Summary Box: Underwater mortgages in US rise – Washington Post

CBS NewsSummary Box: Underwater mortgages in US riseWashington PostBut that was mostly because more homes had fallen into foreclosure. An estimated 3 million homes will be foreclosed upon this year, according to foreclosure tracker RealtyTrac. HOME PRI… [...]

Michigan 4th in underwater mortgages – Detroit Free Press

CBS NewsMichigan 4th in underwater mortgagesDetroit Free PressMichigan ranked fourth nationwide for the number of homeowners with mortgages that owe more on their homes than they are worth as home prices continue to decline and foreclosures remain at e… [...]

Builders Promote New Homes vs. Foreclosures – International Business Times

International Business TimesBuilders Promote New Homes vs. ForeclosuresInternational Business TimesOn the home builder's Web site, they are featuring a special page devoted to “Buying a New Home vs. a Foreclosed Home,” which outlines the benefi… [...]

Home Affordable Refinance Program Sees More Refinancing Opportunities For … – Red, White, and Blue Press

Home Affordable Refinance Program Sees More Refinancing Opportunities For …Red, White, and Blue Press… the Short Refinance Program or the Home Affordable Refinance Program, negative equity remains an issue that many feel must be addressed, especial… [...]

50-state deal over foreclosures nears; criminal prosecutions not ruled out – Reynolds Center

Mortgage Rates & Trends (blog)50-state deal over foreclosures nears; criminal prosecutions not ruled outReynolds CenterWith spring selling season approaching, a map of foreclosures by neighborhood – online or in print – would grip readers. I'm … [...]

Palm Beach County foreclosure activists joining statewide rally today in … – Palm Beach Post

Palm Beach County foreclosure activists joining statewide rally today in …Palm Beach PostFlorida is one of 23 states that requires a judge's approval for a foreclosure. Anthony DiMarco, a spokesman for the Florida Bankers Association, said that w… [...]