But the lawsuits now landing on big lenders including one from federal regulators targeting dozens of banks and seeking billions in compensation has prompted them to hold back on grabbing thousands of houses representing the foreclosure overhang from the Great Recession.
Surge in Defaults Breaks Six-Month Run of Declining Foreclosure Stats 3 free credit report Boise DSNews September 14, 2011 The lingering effects of the foreclosure moratoriums enacted after evidence of improper foreclosure processing came to light appear to be fading. Data released by RealtyTrac Thursday shows the first rise in foreclosure filings since January, with all of the increase coming from new default notices. Alabama Supreme Court rules in favor of MERSHousingWire September 15, 2011 The Alabama Supreme Court ruled Mortgage Electronic Registration Systems has standing to foreclose when it is nominee for the owner of an underlying debt and holder of the original mortgage note. Report: Foreclosure crisis to crush Oakland home values by $12 billionOakland Tribune September 3 free credit report Boise 14, 2011 OAKLAND -- Local homeowners will see their collective property values drop by more than $12 billion by the end of 2012 as a direct result of the nations foreclosure crisis, according to a report to be released Thursday. check credit report free New Jersey Lifts Its Final Foreclosure Ban DSNews September 14, 2011 New Jerseys Superior Court has lifted the last of six injunctions handed down late last year, giving Ally Financial and its GMAC Mortgage unit the go-ahead to resume foreclosure actions 3 free credit report Boise in the state. Appeal pushes for sanctions in foreclosureThe Portland Press Herald September 15, 2011 PORTLAND - The robo-signing foreclosure case of a Denmark woman represents such a serious attack on the integrity of the states judicial system that an investigation of the mortgage servicers practices is warranted, the womans lawyer argued before the Maine Supreme Judicial Court on Wednesday. Foreclosure filings in urban Colorado down 31% in 2011Denver Business Journal September 15, 2011 Both foreclosure filings and foreclosure sales at auction in Colorados metropolitan counties were down during the first eight months 3 free credit report Boise of this year, compared with the same period last year, according to a report released Thursday by the Colorado Division of Housing. annual free credit report from government
Huge Surge in Bank of America Foreclosures CNBC September 13, 2011 Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month.
Foreclosure Deal Shouldnt Waive All Claims, Official SaysBloomberg September 13, 2011 Banks shouldnt be protected from liability for mortgage securitization as part of a national foreclosure settlement, said Minnesotas attorney general, joining other states voicing concern over the issue.
Foreclosure reform bills: Why did they fail?ABC 3 free credit report Boise TV September 13, 2011 Foreclosures rose sharply in California last month to the highest level in a year. Bank of America more than doubled its foreclosure rate.
Already in California, more than three-quarters of a million families have lost their 3 free credit report Boise homes, yet efforts to stem the tide have failed in Sacramento. Orlando home prices jumped 15% in AugustHousingWire September 13, 2011 As foreclosures and short sales made up a shrinking share of local home sales, home prices in Orlando jumped 15% in August from a year earlier. how to check free credit report
Distressed Real Estate Makes Its 3 free credit report Boise Way Into Obamas Jobs Plan DSNews September 12, 2011 In addition to 3 free credit report Boise refinancing assistance for mortgage holders, President Barack Obamas proposed American Jobs Act includes a handful of elements that relate to the distressed real estate market, all part of what the administration has labeled Project Rebuild.
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