All posts tagged mortgage meltdown
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 the unseen victims of a lost home – until now. “Housing [...]
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
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
Do you really want your bank to be your landlord?
Remember way back when banks wanted to sell homes? It gave new meaning to "Be careful what you wish for." The conventional real estate industry was right to oppose it,
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
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
Treasury nets $25 billion in mortgage-backed securities
Chalk another economic one up for the Obama Administration. Remember how those toxic mortgages were bundled as securities and sold as investments to many poor saps before many of
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
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
If it walks like a pig, wallows like a pig, oinks like a pig…
Proceed at your own risk. When Ned Buratovich’s political illustrations appear on DeadlineNews.Com you won’t get a content warning, thumbnail preview or other precursor of what’s to
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
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
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
California nets $18 billion of landmark $25-billion national mortgage settlement
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
Mortgage servicers in $25 billion settlement fined $766.5 million
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
Feds, states reach $25 billion agreement with five mortgage servicers
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
Mortgage lenders offer states $25 billion for faulty foreclosures
The five largest U.S. mortgage lenders have offered a $25 billion settlement proposal that could make it easier for some struggling homeowners to avoid foreclosure and have their
Why a strategic default is never strategic
JOY BENDER - San Diego short sale real estate agent Joy Bender has launched a campaign to educate high-end homeowners on the alternatives to strategic default. A strategic default
California Democrats urge Obama to use special powers to appoint permanent FHFA director
More than two dozen U.S. House of Representatives Democrats from California are asking President Barack Obama to make another end run around stonewalling Republicans, this time for the
Meltdown nears end in mashup forecast of mixed hope for 2012 national housing market
A mashup of several market indices puts the housing recovery start somewhere between 2012 and 2013 thanks, in part, to growing consumer confidence in the economy. • Clear Capital's
