Bank Foreclosure Deal Reviewed by States as Delaware Drops Out
Bank Foreclosure Deal Reviewed by States as Delaware Drops Out
By David McLaughlin, Bloomberg, January 24, 2012
State attorneys general reviewed a proposed settlement with banks over foreclosure and mortgage- servicing practices that negotiators are pressing to complete as Delaware said it would reject a deal said to total $25 billion.
Papers in foreclosure cases ruled insufficient
By Tim O’Reiley, Las Vegas Review-Journal, January 24, 2012
The Nevada Supreme Court has added teeth to the state's foreclosure mediation program in a pair of rulings that require lenders to produce all required documents before repossessing a house.
Biden Suggests Romney Foreclosure Plan Could Fix Crisis, But Would Not Be Most Humane Approach
By Kelly Chernenkoff, Fox News, January 23, 2012
The Obama campaign made political hay out of Republican presidential candidate Mitt Romney's comment late last year about foreclosures, but now Vice President Joe Biden is suggesting Romney's plan might actually work. Biden indicates, however, it may not be the most humane course of action.
State Senate votes to extend mortgage protections
By Don Thompson, Associated Press, January 23, 2012
California lawmakers voted Monday to extend a law passed during the peak of the mortgage crisis that provides added protections for property owners, renters and neighbors of foreclosed properties.
Lawmakers turn attention to homeowners groups
By Patrick Gannon, StarNews Online, January 23, 2012
Friction between homeowners associations and their members in North Carolina played out in a Raleigh auditorium Monday before a committee charged with coming up with ways to ease the sometimes-contentious relationship.
More relief for foreclosures sought at State Capitol
By Debi Brazzale, Colorado News Agency, January 22, 2012
State lawmakers gathered today on the doorstep of a Denver resident to introduce two proposals aimed at creating more of a buffer for homeowners facing foreclosure proceedings.