Major title insurer insists lenders vouch for foreclosure paperwork
Major title insurer insists lenders vouch for foreclosure paperwork
The Washington Post — October 20, 2010
The country's largest title insurer said Wednesday that banks and other lenders must vouch for the accuracy of their mortgage documents before the firm will write insurance for a foreclosure sale.
Fannie, Freddie bailout could double, regulator says
The Washington Post — October 21, 2010
The federal bailout for Fannie Mae and Freddie Mac could double in size during the next three years, according to projections from the companies' federal regulator.
Rep. Waters requests moratorium on foreclosures, while her challenger questions the merits of her plan
The Argonaut — October 21, 2010
Residential and commercial foreclosures have emerged as a campaign issue in the Nov. 2 election, and the incumbent and challenger in the 35th Congressional District race are expressing disparate views on what action the federal government needs to remedy the ongoing challenge for Californians on the brink of losing their homes.
Kucinich plans to introduce bill to force banks to try harder to help homeowners
The Plain Dealer — October 20, 2010
CLEVELAND, Ohio -- U.S. Rep. Dennis Kucinich will announce Thursday morning he is planning to introduce legislation to force banks to try harder to modify loans for homeowners in trouble.
Foreclosure probe: Problems aren't 'systemic'
CNNMoney — October 21, 2010
WASHINGTON — A federal probe investigating five large mortgage servicers has found some improper foreclosures, but officials have yet to find systemic, "structural" problems with processing, according to the U.S. Housing Secretary.