A volunteer group consisting of lawyers set up in Florida to assist foreclosure victims has been booked for trade violations. Events started rolling with a Larry King Live (July 30th show). A woman representing Florida Attorneys Saving Homes came on to the show with a family battling foreclosure. She put forward their case.
This group named [...]
It seems that mortgage servicers are repeating the same blunders that culminated in the current foreclosure crisis. The risk of fraud is rising noticeable and so too the number of re-defaults. Despite media focus on what caused the damage to the mortgage industry nationally and to the international economy, the mortgage servicers continue to be [...]
Foreclosed Cleveland is gasping to survive but efforts are on to turn the tide. Federal help is coming through to purchase and renovate foreclosed houses but Cleveland wanted help to demolish properties and clean the region of the mess and give Cleveland a new look. Cleveland is trying to make the banks agree to get [...]
Some 180 new laws were initiated in Nevada to tackle the foreclosure crisis. The kicking off date is 1st July 2009. Nevada ranks among the toppers in the foreclosure crisis. Connected with this many other new laws have surfaced.
Those eateries and business houses that donate perishable food to the hungry will be given protection. Also [...]
The New York Daily news aired the story on the 26th about Michael Jackson’s Neverland Ranch became too costly to keep up and after years of legal battles around the allegations of child sexual abuse Michael moved from his beloved ranch and never returned again. The house was to be auctioned [...]
None of the remedies are working. Foreclosure crisis continues to be a mess. Both the Bush and Obama governments toed the same line of throwing trillions of dollars to the banks and lenders. The financial tsars were thrilled to pocket $1.2 trillion from the toxic assets that the federal government covered. They pocketed billions more [...]
Previous clients of Joan Ramirez, who is a Staten-island, N.Y.- based real estate broker, surrendered to foreclosure after a prominent institutional lender gave them a mortgage which they could not afford to pay. The mortgage was set up with 100 percent financing through a fixed-rate first mortgage, in conjunction with a [...]
Foreclosures in California reached a new high what with banks taking over properties with a renewed effort. In April, foreclosure notices were issued to 96,560 homeowners in California. This means that one in each 138 homes has been foreclosed, which is a 42 per cent jump from a year earlier.
The federal government had earlier imposed [...]
