All posts tagged National Mortgage Settlement

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Is the residential real estate inventory shortgage real?

A steady stream of claims that the real estate marketplace somehow has an inventory shortage can’t be true when, at the same time, there is an annual increase in the number of distressed properties for sale, properties typically sold at a discount.

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Lingering economic fallout, mortgage servicing violations prolong housing recovery for many Americans

It should come as no surprise that nearly 80 percent of Americans aren't buying the housing recovery and many of them think the worst is still yet to

realestatelaw

$1 million grant to put more teeth into enforcing California’s ‘Homeowner Bill of Rights’

CALIFORNIA ATTORNEY GENERAL - Attorney General Kamala D. Harris recently announced a $1 million California Homeowner Bill of Rights (HBOR) implementation grant to The National Housing Law Project. This

fraud

Consumer watchdog snares mortgage loan modification scams

The Consumer Financial Protection Bureau (CFPB) announced Dec. 11 actions to halt two alleged mortgage loan modification scams it believes ripped-off thousands of struggling homeowners across the country.

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National Mortgage Settlement grants Californians homeowner assistance

CALIFORNIA ATTORNEY GENERAL - Attorney General Kamala D. Harris today announced a $10.4 million grant program for organizations that provide housing counseling and legal services to homeowners.

mortgagesettlement

National Mortgage Settlement oversight office publishes updated settlement relief report

OFFICE OF MORTGAGE SETTLEMENT OVERSIGHT – Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, on Nov. 19, 2012, released a report "Continued Progress: A Report from

muzzledwatchdog

Federal consumer watchdog’s bark deemed worst than its bite on proposed mortgage servicing rules

Dozens of consumer advocacy groups are complaining the nation's consumer watchdog doesn't have the teeth to take a bite out of abusive mortgage servicer behavior other regulators consider

mortgagesettlement

National Mortgage Settlement processing paltry payments for foreclosure abuses

See all National Mortgage Settlement stories here. Millions of homeowners who lost their homes to an abusive foreclosure process during the housing crisis will soon learn if they are

realestatelaw

California Gov. Brown signs final Homeowner Bill of Rights components

California Governor Jerry Brown recently signed into law the final provisions of the California Homeowner Bill of Rights, legislation heavily championed by Attorney General Kamala D. Harris. "California has

realestatelaw

Citizen Law: ‘There Ought to be A Law’ program generates foreclosure disclosure law for renters, adds to California’s landmark Homeowner Bill of Rights

"The Internet is full of horror stories of tenants moving into properties and quickly finding out that their home is up for auction." A year ago, San Jose resident

nationalmortgagesettlement

Are banks gaming the National Mortgage Settlement?

The $25 billion National Mortgage Settlement has been criticized as a "drop in the bucket" toward relief for homeowners abused by foreclosing lenders and some critics wonder if

nationalmortgagesettlement

Infographic: National Mortgage Settlement a ‘drop in the bucket’

The $25 billion National Mortgage Settlement may be the largest ever such settlement, but when it comes to the level of negative equity suffered by American households nationwide,

lifesaver

New HUD document mother-of-all mortgage relief program brochures

The U.S. Department of Housing and Urban Development's (HUD) National Mortgage Settlement (NMS) outreach campaign is virtually a one-stop shopping center for anyone struggling with their mortgage. Appearing to

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Third extension on foreclosure review program addresses concerns over its viability

Borrowers who feel they were wronged by abusive foreclosure procedures now have until the end of 2012 to file a claim and net as much as $125,000 plus

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Are ‘independent’ foreclosure reviews a hoax?

Roughly 17 million foreclosure filings were sent out between 2007 and 2011 according to RealtyTrac, the foreclosure listings and data resource. While a lot of default notices, scheduled auctions

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Gov. Brown signs California Homeowner Bill of Rights law

LOS ANGELES - Attorney General Kamala D. Harris, the driving force behind the legislation, announced that the California Homeowner Bill of Rights, which will protect homeowners and

nationalmortgagesettlement

States snatching National Mortgage Settlement funds for budget shortfalls, other costs not related to housing

States are siphoning funds from the $25 billion National Mortgage Settlement to close budget gaps and to finance spending unrelated to assisting homeowners. In California, this comes as the

wethepeople

Californians get ‘Homeowner Bill of Rights’

CALIFORNIA REINVESTMENT COALITION - California's state legislature voted this week to pass the Homeowner Bill of Rights, legislation introduced by Attorney General Kamala D. Harris and championed by

robosigning

4.4 million letters announcing free foreclosure reviews net 300,000 requests, deadline for filing extended again

The federal government has mailed nearly 4.4 million letters announcing a free foreclosure review program that could net foreclosed homeowners up to $125,000 or more, but only some

robosigning

National foreclosure review offers potential $100,000 or more per household, but deadline looms for millions

See all National Mortgage Settlement stories here. If you lost your home to foreclosure and qualify for provisions in a federal settlement over foreclosure abuses, you could be eligible

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