9 Southern California men charged with operating foreclosure-relief scam
Posted by admin in Foreclosure News on May 21st, 2010
The state attorney general’s office says the Canoga Park company allegedly stole at least $2.3 million from about 1,500 homeowners. Nine Southern California men have been charged with operating a foreclosure-relief scam that allegedly stole at least $2.3 million from about 1,500 homeowners across the U.S., the state attorney general’s office announced Thursday.
Foreclosure Scam Mastermind Sentenced
Posted by admin in Foreclosure News on May 21st, 2010
The mastermind of a scam in which about 400 homeowners in San Diego and Riverside counties were tricked into paying nearly $2 million in fees in hopes of beating foreclosure was sentenced Friday to 46 years in prison.
Maryland governor signs foreclosure mediation bill
Posted by admin in Foreclosure News on May 20th, 2010
Maryland residents facing foreclosure will have the right to mediation with their mortgage lenders under a new law Gov. Martin O’Malley signed on Thursday.
O’Malley to Sign Foreclosure Mediation Bill
Posted by admin in Foreclosure News on May 20th, 2010
Mediation will be required between borrowers facing foreclosure and mortgage lenders under a bill Gov. Martin O’Malley is going to sign.
Tarrant commercial foreclosure postings nearly double in 2010
Posted by admin in Foreclosure News on May 20th, 2010
The wave of commercial real estate foreclosures awaited by many eager investors could be mounting as Addison-based Foreclosure Listing Service Inc. released a report today showing Tarrant County commercial foreclosure postings for the first half of 2010 all but doubled the postings made during the same period a year earlier.
O’Malley Signs Foreclosure Mediation Bill
Posted by admin in Foreclosure News on May 20th, 2010
Maryland borrowers facing foreclosure on their homes will have the right to mediation under a new law Gov. Martin O’Malley has signed.
Regional Spotlight: Bay State Foreclosure Process Quickens, Lenders Start More Foreclosures in April 2010 Compared to …
Posted by admin in Foreclosure News on May 20th, 2010
RISMEDIA, May 21, 2010—The time it’s taking for a property to move from the first stage of the foreclosure process to auction has shrunk in Massachusetts, according to an analysis by Banker & Tradesman . Banker & Tradesman examined data provided…
Ohio foreclosure problems worsen in 1st quarter
Posted by admin in Foreclosure News on May 20th, 2010
Data collected by the Ohio Supreme Court shows that the number of new foreclosure cases hit another record in the first three months of the year.
Good Samaritan Saves Habitat Homeowner From Foreclosure
Posted by admin in Foreclosure News on May 20th, 2010
A Good Samaritan saves Habitat for Humanity homeowner Lisa Boyd from foreclosure by paying her past and current mortgage payments.
Foreclosure problem in Ohio grows worse
Posted by admin in Foreclosure News on May 20th, 2010
The number of Ohioans losing their homes to foreclosure reached record levels in the first three months of this year, as the state’s economic recovery failed to materialize.