Push to Avert Foreclosures Hits Court Logjam
Push to Avert Foreclosures Hits Court Logjam
By William Glaberson, The New York Times, February 8, 2012
New York has been among the most aggressive states in trying to protect homeowners from foreclosure, granting new legal protections and turning courts across the state into teeming negotiation centers working to keep people in their homes.
Fannie Mae Now Accepting Online Offers for REOs
By Carrie Bay, DSNews, February 7, 2012
Fannie Mae announced Tuesday that it has expanded its online system to accept purchase offers for all its REOs listed for sale.
Proposed settlement with banks over foreclosure practices dealt a setback
By Brady Dennis, The Washington Post, February 7, 2012
New York Attorney General Eric Schneiderman abruptly called off a news conference at which he could have provided a crucial endorsement of a proposed settlement with some of the nation’s biggest banks over shoddy foreclosure practices.
Democratic lawmakers offer bills addressing foreclosure crisis
By Devin McIntyre, Cronkite News Service, February 7, 2012
Allowing owners of foreclosed homes to remain as renters for at least a year would stabilize neighborhoods and minimize the fallout for families, a state lawmaker contends.
Lawmakers hoping to save NY's foreclosure prevention program
By Amanda Verrette, LegislativeGazette.com, February 6, 2012
More than a dozen legislators are hoping to include $25 million in this year's budget for a program that provides services to homeowners at risk of foreclosure.