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Foreclosure Is Latest Challenge for Knicks' Curry

Banks Balk at Agency Meant to Aid Consumers New York Times Banks and mortgage lenders are placing top priority on killing President Obama’s proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday...

Published Wed, Jul 1 2009 8:45 AM by Octavion

Filed under: Foreclosure Trends, foreclosures, foreclosure news

Home-Price Declines in 20 U.S. Cities Eased in April

Home-Price Declines in 20 U.S. Cities Eased in April Bloomberg Home prices in 20 major U.S. metropolitan areas fell in April at a slower pace than forecast, a sign the plunge in real-estate values is abating. The S&P/Case-Shiller home-price index...

Published Tue, Jun 30 2009 10:45 AM by Octavion

Filed under: foreclosures, ForeclosureTrends

Paper Avalanche Buries Plan to Stem Foreclosures

Paper Avalanche Buries Plan to Stem Foreclosures New York Times Somewhere on earth, there must be a more difficult task than this: persuading American mortgage companies to lower payments for homeowners who can no longer afford their loans. But as Karina...

Published Mon, Jun 29 2009 8:53 AM by Octavion

Filed under: Foreclosure Trends, foreclosures, FDIC

Foreclosures Grind on as Lenders Fail to Modify Loans

Foreclosures Grind on as Lenders Fail to Modify Loans USA Today The Obama administration's $75 billion program to reduce foreclosures has been beset by backlogs and delays, leading many overstretched homeowners to complain about unreturned phone calls...

Published Fri, Jun 19 2009 2:33 PM by Octavion

Filed under: foreclosures, foreclosure news

NODs Filed Against Portland Mayor’s Homes

Portland Mayor Sam Adams is facing foreclosure on two homes he owns, according to The Oregonian . RealtyTrac records indicate that Notices of Default have been filed on two North Portland homes owned by Adams, the Portland Business Journal reported. “My...

Published Thu, Jun 18 2009 4:11 PM by Octavion

Filed under: foreclosures, celebrity foreclosures, foreclosure news

Foreclosure Mediation Rules Being Developed In Nevada

Foreclosure Mediation Rules Being Developed In Nev. San Jose Mercury News A new Nevada law requiring lenders to meet with homeowners in danger of foreclosure is expected to create numerous requests for mediation. The Nevada Supreme Court, which is drawing...

Published Thu, Jun 18 2009 10:41 AM by Octavion

Filed under: Foreclosure Trends, foreclosures, foreclosures rates

Rentals, Investment Homes Only Small Part of Foreclosure Picture

Rentals, Investment Homes Only Small Part of Foreclosure Picture Las Vegas Business Press A new study from the Nevada Realtors Association determined that more than 87 percent of home foreclosures are primary residences. That news runs counter to popular...

Published Tue, Jun 16 2009 8:36 AM by Octavion

Filed under: foreclosures, ForeclosureTrends, foreclosure news

California Foreclosure Moratorium

California Foreclosure Moratorium KCBS Starting today, banks in California cannot foreclose a mortgage without either renegotiating the loan or giving the homeowner three months notice. There have been more than 365,000 foreclosures in California since...

Published Mon, Jun 15 2009 9:03 AM by Octavion

Filed under: foreclosure rates, foreclosures

SEC Expected to Approve Civil Charges Against Mozilo

SEC Expected to Approve Civil Charges Against Mozilo Wall Street Journal The Securities and Exchange Commission is expected to approve civil fraud charges against former Countrywide Financial Corp. executives as soon as today, including founder and former...

Published Fri, Jun 5 2009 8:44 AM by Octavion

Filed under: foreclosure rates, foreclosures

Bernanke: Expect Growth Later This Year, Not Robust

Bernanke: Expect Growth Later This Year, Not Robust CNN Money.com Data suggest the economic contraction may be slowing, but the economy is hardly out of the woods, Federal Reserve Chairman Ben Bernanke told lawmakers on Wednesday. Bernanke, testifying...

Published Thu, Jun 4 2009 9:55 AM by Octavion

Filed under: foreclosures, foreclosure news, foreclosures rates

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