All posts tagged foreclosure

calhfa

Keep Your Home California offers more value for families facing foreclosure, employment hardship

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 mortgage payments.

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foreclosure

Infographic: When is foreclosure right for you?

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

foreclosurekid

Foreclosure fallout slows learning, increases dropouts, makes kids sick

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

lifesaver

Infographic: Alternatives to foreclosure

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

fraud

Con artists leeching off new, improved federal mortgage and foreclosure relief programs

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

nationalmortgagesettlement

Callifornia ‘Homeowner Bill of Rights’ bills pass legislative committees

CALIFORNIA ATTORNEY GENERAL - Attorney General Kamala D. Harris, on April 17, announced seven bills in the California Homeowner Bill of Rights to protect homeowners from unfair practices

nationalmortgagesettlement

Mortgage lenders again charged with foreclosure abuse during national mortgage settlement negotiations

In a second report this year charging mortgage lenders with committing foreclosure abuses during National Mortgage Settlement negotiations designed to stop those abuses, every housing counselor surveyed said

nationalmortgagesettlement

What CFPB’s proposed mortgage servicing rules could mean for you

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

abandonedhomes

Federal discrimination suit brews over REO marketing, upkeep

(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

reinvest

Investors: Let’s get this party started

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

shortsale

Investors fueling housing recovery, first-time buyers back off

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

makehomeaffordable

Most consumers don’t have a clue about HAMP, HARP

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

robosigning

National Mortgage Settlement generates controversy, scams, consumer guides

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

underwater

Strategic defaults on the rise, unfortunately

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

robosigning

Mortgage servicers fiddled while homeowners were burned by foreclosure abuse

The National Mortgage Settlement prompted California Attorney General Kamala D. Harris to call for Freddie Mac and Fannie Mae to temporarily suspend all foreclosure sales in California as

robosigning

California vies for ‘Homeowner Bill of Rights’

California's attorney general and a host of Golden State legislators are pushing to secure a Homeowner Bill of Rights designed to protect homeowners from abusive mortgage practices and

waterdragoncircle

Sellers embrace Year of the 2012 Dragon, price homes to sell

The Year 2012 is preordained to be a historic year -- for better or for worse -- and there's already something strange in the neighborhood. A recent survey says

robosigning

National Mortgage Settlement spawns fraud moving faster than official settlement relief

• On. Feb. 9, the day federal and state officials and banks signed off on the National Mortgage Settlement, Alabama Attorney General Luther Strange and the state's Banking

robosigning

Foreclosure reviews for 4.5 million consumers extended three months

Eligible consumers have an extra 90 days to seek a review of their foreclosure under a federal settlement that forces mortgage servicers to address institutionalized foreclosure abuses. The Office

taxshelter

Obama budget proposes Mortgage Debt Relief Act extension

The Mortgage Debt Relief Act (MDRA) of 2007 is getting a vote of confidence from the Obama Administration. And that could save you tens of thousands of dollars. The administration's

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