Key states move closer to foreclosure-abuse deal
Key states move closer to foreclosure-abuse deal
By Associated Press, The Wall Street Journal, February 7, 2012
WASHINGTON — California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.
Company Faces Forgery Charges in Mo. Foreclosures
By Gretchen Morgenson, The New York Times, February 6, 2012
One of the largest companies that provided home foreclosure services to lenders across the nation, DocX, has been indicted on forgery charges by a Missouri grand jury — one of the few criminal actions to follow reports of widespread improprieties against homeowners.
2 Senate bills would regulate foreclosures
By Saul Hubbard, The Register-Guard, February 7, 2012
SALEM — Efforts to place tighter state regulations on lenders during the fore¬closure process endured a day of mixed success Monday in the Capitol.
Attempt to subpoena foreclosure mills stalls
By Kimberly Miller, The Sun Sentinel, February 6, 2012
Florida's once-heralded foreclosure mill investigations have fizzled as the attorney general's office has failed to find the right strategy to continue its pursuit and three law firms call for the cases to be dismissed.
Number of 'Improving' Housing Markets Expands to Nearly 100
By Carrie Bay, DSNews, February 6, 2012
The number of housing markets showing measurable improvement expanded by 29 metros in February to include a total of 98 markets listed on the Improving Markets Index published monthly by First American and the National Association of Home Builders (NAHB). Thirty-six states are now represented by at least one market on the list.