All posts tagged distressed

Qualified Californian homeowners have a shot at enhanced state programs that can reduce their mortgage principal by as much as $100,000 and pay up to $25,000 in late

It's not the HARP 3.0 rumored to be in the pipeline, but the Responsible Homeowners Refinancing Act of 2012 would give HARP 2.0 a boost and provide additional

Only bankruptcy is more damaging to your credit than a foreclosure. Nevertheless, there are times when a foreclosure can make sense to your household's bottom line. First, be aware: • Even

Studies have documented a correlation between foreclosures and everything from nausea, fevers and abdominal pain to hypertension, depression, chest pain and diabetes - in adults. Children, however, have been

If you are a struggling homeowner, you don't have to wait until your lender lowers the boom, nor do you have to walk away because you think your

It's not just the National Mortgage Settlement's promise of restitution for those abused by foreclosure tactics that's drawing swindlers out of the woodwork. Double-dealers trying to hustle already victimized

ASHLEY GORDON (CFPB) - Delinquencies. Defaults. Foreclosures. Let’s face it: before the housing crisis, these and many other terms were foreign to many of us. Since 2008, however, they’ve

(Update: NFHA, on April 10, filed discrimination charges against Wells Fargo with the U.S. Department of Housing and Urban Development.) The same kind of discrimination that saddled minorities with

If you think investors are charging the housing recovery, you ain't seen nothing yet. Investors, hand picking individual properties, working in groups, buying in bulk and smacking down all-cash

More cash rich investors, with a growing penchant for short sales, are energizing the housing market. All-cash sales rose to 33 percent of transactions in February from 31 percent

Recent enhancements to government programs designed to bail out more underwater homeowners and save others from foreclosure could be lost on millions of Americans. Most consumers don't even know

Along with the relief it's supposed to bring to millions of Americans, last week's official court filing of the $25 billion National Mortgage Settlement came with controversy, scams

Apparently, homeowners aren't getting the message that strategic defaults are anything but strategic. A growing number of homeowners say, even if they can afford to make mortgage payments, they

California's $18 billion cut of the $25 billion national mortgage settlement beats a zero, but it's too small to change the landscape of the Golden State's housing crisis. The

That landmark $25 billion civil settlement against five mortgage servicers charged with institutionalized foreclosure abuse? It also comes with a hefty $766.5 million fine. What's more, the fines won't

Federal and state agencies today announced a landmark $25 billion civil settlement against mortgage lenders after a year-long investigation into an institutionalized culture of foreclosure abuse. The settlement, over

JANICE ROMBECK - A seriously ill South San Jose woman who recently was evicted from her home of 41 years by Wells Fargo Bank is receiving support from

JULIE WYSS - Today's Silicon Valley real estate investor isn't necessarily a high roller, but more often a working stiff with a small-business, who is tapping existing non-real

The new and improved Home Affordable Refinance Program (HARP) is spreading a wider net for struggling homeowners previously unable to take advantage of the federal program. With refinancing rates