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Veteran vows not to leave his foreclosed home - Bayoubuzz Thu, 23 Feb 2012 05:51:37 GMT NBC NATIONAL NEWS — A veteran marine and father of four who is refusing to leave his Riverside, California home despite facing eviction is making what could be his last stand. The Riverside County Sheriff's Department gave Art De Los Santos and his ... Read more
Vacancy plan scrutinized - Cincinnati.com Thu, 23 Feb 2012 02:36:29 GMT “Banks and lenders must maintain the properties they own, just like the rest of us,” said Sittenfeld during a press conference held just outside of a vacant, foreclosed home on Ambrose Avenue in College Hill. The boarded up, two-story house is owned by ... Read more
Home sales up in Chicago area, price declines continue - Elgin Courier News Wed, 22 Feb 2012 20:07:42 GMT The settlement earlier this month between states and five large banks regarding foreclosure documentation issues is expected to lead to more foreclosed home sales here this year, according to Geoffrey Hewings, director of the University of Illinois' ... Read more
Foreclosure Settlement Opens New Doors for Fighting Fraudulent Banks - In These Times Wed, 22 Feb 2012 19:36:36 GMT By Roger Bybee Occupy Wall Street activists draw attention to a foreclosed home in Brooklyn in December 2011. (Photo Spencer Platt/Getty Images) The $25.6 billion settlement on home foreclosures reached between five mega-banks—Ally/GMAC, ... Read more
Recommended: Marine makes last stand in foreclosed home - msnbc.com Wed, 22 Feb 2012 19:00:27 GMT By Roger Bybee Occupy Wall Street activists draw attention to a foreclosed home in Brooklyn in December 2011. (Photo Spencer Platt/Getty Images) The $25.6 billion settlement on home foreclosures reached between five mega-banks—Ally/GMAC, ... Read more
Florida Man Arrested for Masturbating at the Beach And Making Animal Sounds - Miami New Times (blog) Wed, 22 Feb 2012 18:34:14 GMT By Roger Bybee Occupy Wall Street activists draw attention to a foreclosed home in Brooklyn in December 2011. (Photo Spencer Platt/Getty Images) The $25.6 billion settlement on home foreclosures reached between five mega-banks—Ally/GMAC, ... Read more
Six Dogs Found Starving At Foreclosed Home In Tracy - CBS Local Wed, 22 Feb 2012 16:16:09 GMT TRACY (CBS13) – Six abandoned and starving dogs found in Stanislaus County are now being cared for, thanks to an anonymous tip. Tracy Animal Control workers found the dogs at a foreclosed duplex last week. According to the officers, one dog was found ... Read more
Foreclosed Homes Finally “Spreading Out” Across All 50 States - The Mortgage Reports Wed, 22 Feb 2012 14:57:48 GMT Want to buy a foreclosed home? Spring 2012 may be your best chance yet. A combination of legislation and low mortgage rates have left today's foreclosure market ripe for value. According to RealtyTrac, an Irvine, California-based foreclosure tracking ... Read more
Why Buying A Foreclosed Home Is Not A Guarantee Of Savings - RealtyBizNews Wed, 22 Feb 2012 07:29:50 GMT by Anita Cooper - 22 February 2012 Sure it may be less expensive, but buying a foreclosed home is not for the faint of heart, nor is it for the novice home buyer. Potential problems could severely limit the cost savings you may have gained from ... Read more
RIVERSIDE: Family stays put in home dispute - Press-Enterprise Wed, 22 Feb 2012 06:52:54 GMT The family is expected to be evicted from their foreclosed home they have occupied. BY LESLIE BERKMAN An eviction notice Arturo de los Santos received last week set a 6 am deadline Tuesday for him, his wife and four children to vacate their Riverside ... Read more
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Ex-Marine Arrested In California For Protesting Bank Foreclosure On His Home ... - ThinkProgress Wed, 22 Feb 2012 16:43:56 GMT By Travis Waldron on Feb 22, 2012 at 11:40 am More than 200 protesters have been fighting to save the home of Arturo de los Santos, an ex-Marine who went into foreclosure after Chase Bank advised him to skip payments to speed up a loan modification he ... Read more
Deficiency judgments: another option for recovery against delinquent owners - Lexology (registration) Wed, 22 Feb 2012 10:33:41 GMT While some associations have the option of renting a foreclosed property during the pendency of the bank's foreclosure, this may not be feasible for all associations. The property may be uninhabitable, the association may be a non-rental community, ... Read more
Expect Jump In Sheriff's Sales In 2012 - Cape May County Herald (press release) Tue, 21 Feb 2012 14:29:40 GMT As a result of the bank foreclosure debacle when banks were “taken to task” over the mortgages on the national level, Schaffer said there was a freeze on those sheriff's sales. He relayed to freeholders that he was informed that “We better be prepared ... Read more
Bank foreclosure fraud to be rewarded at taxpayer expense - World Socialist Web Site Mon, 20 Feb 2012 04:40:22 GMT By Andre Damon Earlier this month, the White House announced that it reached an agreement with the five biggest US banks to settle lawsuits alleging that they forged mortgage documents in their rush to foreclose homes. On paper, the banks agreed to pay ... Read more
Q&A: Sen. Ray Lesniak on plan to turn foreclosed homes into affordable housing - NJ.com (blog) Sun, 19 Feb 2012 13:11:37 GMT Other funds would come from the federal housing trust fund and the recent money from the bank foreclosure settlement, adding another several hundred million, for about $400 million total. Banks want to get these vacant foreclosed homes off their ... Read more
Greece on the edge - Melbourne Weekly Eastern Sun, 19 Feb 2012 06:17:23 GMT The consultant Charakidas explains: "They have loans but they don't pay them and they get renewed protection from bank foreclosure every six months." Greeks look at today's suffering and they look at their economy and they wonder how the European Union ... Read more
Pushed to the brink in Greece - Stuff.co.nz Sat, 18 Feb 2012 07:21:30 GMT The consultant Charakidas explains: "They have loans but they don't pay them and they get renewed protection from bank foreclosure every six months." Greeks look at today's suffering and they look at their economy and they wonder how the European Union ... Read more
PROPERTY TRANSFERS - SalemNews.net Sat, 18 Feb 2012 05:21:28 GMT Charles and Alisa Himes to Deutsche Bank (foreclosure), home on Georgetown Road; $18000. County Sheriff (Tim and Loralei Chaffin) to Home Savings & Loan, former Presbyterian Church on High Street; $66000. Frank Family Trust to Harry and Annette ... Read more
A Better San Diego's Breakfast Forum Talks Foreclosures - San Diego Reader (blog) Fri, 17 Feb 2012 19:52:18 GMT Under this system, which is used by all major lenders today, a bank's foreclosure department may act to repossess a home even while a borrower is attempting to negotiate a loan modification or short sale with another department, resulting in many ... Read more
Malloy to promote housing spending plan - The Hour Fri, 17 Feb 2012 15:02:54 GMT Meanwhile in Ohio, the proceeds from the national bank foreclosure settlement are being used to demolish excess inventory of homes. In Arizona new homes that were originally offered at $350k are being given away for $75k. It seems odd that any taxpayer ... Read more
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