Homeowner wins back her house after fighting foreclosure
Karen Mena managed to get a foreclosure on her San Bernardino home rescinded. But she continues to negotiate with Bank of America over loan terms and could still lose the house.
Read more...
White House expands foreclosure prevention program
The Treasury Department expands a troubled program seeking to help troubled borrowers on the verge of foreclosure, expanding incentive payments to investors so they participate in the program.
Read more...
Siding with newspapers, House kills moving foreclosure notices to web
A House panel on Tuesday voted down a Republican-backed push to move legal notices of foreclosures from newspapers to the web. In lengthy debate on HB 149/SB 230, a majority of lawmakers ultimately sided with opponents that include former Lt. Gov. Jeff Kottkamp , representing Keep the Public Noticed Coalition, and the Florida Press Association, a trade group whose members include the Tampa Bay ...
Read more...
Obama presses Congress to step up aid for homeowners
WASHINGTON (Reuters) - President Barack Obama on Wednesday proposed a multi-billion-dollar package to help U.S. homeowners refinance and stave off foreclosure, part of an election-year push that is likely to face an uphill battle by the Republican opposition in Congress. Obama moved to counter Republican criticism that the proposal would use taxpayer money to bail out irresponsible borrowers by ...
Read more...
Nevada court: Lenders must have foreclosure papers
A pair of Nevada Supreme Court rulings requiring mortgage lenders to produce all required foreclosure documents before repossessing a house won't establish a new legal standard because they rely on state ...
Read more...
|