Foreclosure activity drops 20 percent in Santa Clara County
Foreclosure activity in California dropped in the fourth quarter of 2011 to the second lowest level in more than four years, a significant shift that could be due to evolving lender and mortgage servicer policies and changing market conditions.
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Foreclosure Mediation Can Save Millions of Homes and Taxpayer Money
National Consumer Law Center Report Urges All States to Quickly Adopt Strong Programs
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California, NY May Join Foreclosure Settlement as Deadline Looms
California and New York may join a settlement between states and major lenders over foreclosure fraud, potentially boosting the banks' aid to homeowners to $25 billion from $19 billion.
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BofA, JPMorgan, Ex-UBS Trader, Foreclosure Deal, Goldman in Court News
“The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages,” Schneiderman said in a statement.
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Nevada not joining settlement involving foreclosure abuses
Nevada isn’t joining a multi-state settlement over foreclosure abuses that would require the nation’s five largest mortgage lenders to reduce loans for borrowers in other states.
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