Congressman Introduces Bill to Fund Foreclosure Mediation Programs
Congressman Steve Cohen (D-Tennessee) last week introduced a bill aiming to help prevent foreclosures across the country. After the House …Read the Rest
Author Archives: Debt Settlement Advice
Mortgage Litigation Rose Significantly in Fourth Quarter
Mortgage servicers were plagued with lawsuits in the last quarter of 2010, according to an industry resource. A quarterly report …Read the Rest
National Credit Union Association Threatens Lawsuit Against 4 Firms
Another lawsuit centered around mortgage securities backed by faulty loans may be brewing during a time when courts are warming …Read the Rest
Freddie Mac Bars Foreclosure Actions in the Name of MERS
This article by Carrie Bay discusses the MERS system and a new Freddie Mac policy barring foreclosure actions in the …Read the Rest
Illinois Governor Quinn’s Mortgage Relief Project will visit Chicago on April 9th, 2011 with foreclosure assistance
Offering Chicago homeowners immediate assistance to avoid foreclosures, Illinois Governor Pat Quinn’s Mortgage Relief Project will be making its next stop …Read the Rest
Foreclosure’s slow pace masks peril. N.J. lenders may soon be ready to go after delinquent mortgage loans.
Written By: Lorraine Ash First-time foreclosure filings in New Jersey dropped 5.2 percent last year compared with 2009. Good news? Hardly. …Read the Rest
Comptroller DiNapoli says NYC foreclosure filings are declining, but cautions…
Albany, NY — New mortgage foreclosure filings dropped last year in New York while still edging up nationally, according to state …Read the Rest
BofA, Other Banks Agree to Special Master for Foreclosures in New Jersey
By Sophia Pearson — // Mar 18, 2011 4:09 PM PT Bank of America Corp. (BAC) and five other mortgage servicers …Read the Rest
BofA to Double Outreach Staff but Fixing Legacy Issues to Take 3 Years
Bank of America said Tuesday that it is stepping up efforts to help distressed homeowners before they fall into foreclosure, …Read the Rest
Stopping Foreclosures In New Jersey: A Winning Formula
The banks have attorneys representing them and it just does not make any sense for a homeowner to try to save their home on their own. Don’t go to a gunfight with a knife! Talk to a seasoned attorney that specializes in foreclosure defense to find out what your options are.
