Repossessed Homes Links

Deal Is Closer for a US Plan on Mortgage Relief - New York Times

Deal Is Closer for a US Plan on Mortgage Relief New York Times The settlement would require banks to provide billions of dollars in aid to homeowners who have lost their homes to foreclosure or who are still at risk, after years of failed attempts by the White House and other government officials to alter the ... Time Running Out for Short SalesHousing Predictor all 7 news articles »

Private Equity Firms Purchase Fannie Mae Foreclosures - Housing Predictor

USA TODAY

Private Equity Firms Purchase Fannie Mae Foreclosures Housing Predictor By Kevin Chiu The bulk sale of foreclosed Fannie Mae homes to private equity firms will place foreclosures right back into the very hands of some of the banks and investors which triggered the foreclosure crisis by manipulating financial markets. Government officials testing plan for foreclosed homesLancaster Eagle Gazette Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release) Foreclosure To Rentals?Worcester Business Journal USA TODAY -Barron's -Fremont News Messenger all 58 news articles »

Home Repossessions - Mortgage News

Mortgage News

Home Repossessions Mortgage News For example they forgo the mortgage to pay a credit card but this could end up with repossession which would not happen the other way round. Using a debt management company can help home owners maintain priority payments like their mortgage, ... and more »

Fannie Mae Partners Seek Bulk Buys in Cities Headed for Recovery - BusinessWeek

Fannie Mae Partners Seek Bulk Buys in Cities Headed for Recovery BusinessWeek 2 (Bloomberg) -- Fannie Mae's plan to convert foreclosed homes into rentals through sales to investors hinges on offering concentrated packages of properties in areas such as Florida, Arizona and Southern California where a real estate recovery may ... and more »

New York sues banks over home seizures - Financial Times

Financial Times

New York sues banks over home seizures Financial Times The banks often repossessed properties under Mers's name, according to Mr Schneiderman's complaint. They did so because it saved them money and time, and allowed for the rapid trading of securitised mortgages, according to the complaint. and more »