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Mortgage Rates & Trends (blog)AGs Propose Robo-Signing SettlementMortgageLoan.comMandatory loan modifications and a fund to help reduce the principal on underwater loans are part of the price the nation's state attorneys general are seeking from mo… [...] Local foreclosures drop in FebruaryArizona Daily StarHigh unemployment and the number of homeowners who owe more than their house is worth are continuing to spur foreclosure activity, Blomquist said. At the other end of the foreclosure process, the num… [...] Las Vegans Warned Of Loan Mod ScamsKVVU Las VegasLAS VEGAS — Homeowners facing foreclosure who aren't eligible for the state's new Mortgage Assistance Program should be wary of loan modification scams and report them to the Nevada Attorney Gen… [...] States' Settlement with Banks Pushes Mortgage Modifications by Daniel IndiviglioThe Atlantic (blog)But the document also calls for banks to make more mortgage modifications to prevent foreclosures. Cheyenne Hopkins from American Banker has a really… [...] Fewer distressed property owners in Pima County received notice their loans were in default last month than in any month since July 2008. [...] Which arrested development site is the one to watch? That would be 953-961 First Avenue (at 53rd Street), where the Alexico Group planned to build a 161-unit luxury rental building called the Oliver. Check out the big names trying to… [...] 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… [...] 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… [...] Plain DealerStates Seek to Overhaul Foreclosure ProcessInternational Business TimesUnder the proposal, if borrowers successfully made three payments in the trial modification, they would then be granted a permanent mortgage modification. If a mortgage … [...] Mortgage services paid for but not receivedMinneapolis Star Tribune (blog)Todd Jacobson and his firm, LMS and Associates of St. Louis Park, billed 105 clients up to $2995 for mortgage modification services they did not receive, the order said. He then … [...] |
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