Feb
22
U.S. states have reached a $25 billion deal with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. Federal and state officials announced the deal Thursday. It is the biggest settlement involving a single industry since a 1998 multistate tobacco deal. Under the agreement, five major banks — Bank …
Permanent link to this article: http://www.greenbrierrealestateservices.com/banking-states-banks-reach-foreclosure-abuse-settlement/
Feb
21
CHINO — a Victorville veteran of Iraq and his family are breathing a sigh of relief – for now – after Wells Fargo on Tuesday delayed the sale of their foreclosed home from this week to next month. The sale of Anthony Chavoya’s foreclosed home at the Chino Civic Center on Tuesday was disrupted by …
Permanent link to this article: http://www.greenbrierrealestateservices.com/home-sale-delayed-as-occupy-members-protest-foreclosure-proceedings/
Feb
21
A two-story home in a middle-class neighborhood in Covington, Wash., became a nightmare for neighbors after squatters turned the house into a trash dump filled with loud party music. The abandoned home was “destroyed inside and filled with filth,” according to an Oct. 28 report from the King County Public Information Officer obtained by ABC …
Permanent link to this article: http://www.greenbrierrealestateservices.com/washington-foreclosure-squatters-unnerve-the-neighborhood/
Feb
20
If your salary is under $75,000, you are probably miserable in Miami. That’s the conclusion of Forbes.com, which named Miami as “America’s most Miserable City’’ in 2012. Two other South Florida cities made the Top 10: West Palm Beach, fourth, and Fort Lauderdale, seventh. Forbes surveyed 200 of the nation’s largest metro areas, rating them …
Permanent link to this article: http://www.greenbrierrealestateservices.com/forbes-magazine-miami-is-most-miserable-city-in-the-u-s/
Feb
20
All the news and views fit to consume during your morning grumpy. 1. The NYTimes reports that 49 states (excluding Oklahoma) and five major mortgage servicers (Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial) have a greed to a $26MM settlement which allegedly holds the banks accountable for foreclosure abuses. Despite the …
Permanent link to this article: http://www.greenbrierrealestateservices.com/the-morning-grumpy-292012/
Feb
20
When the housing boom of the past decade turned into a bust, falling house prices played a primary role in driving up delinquency and foreclosure rates. As housing values fell, distressed borrowers lost equity, which hindered their ability to escape delinquency by prepaying their mortgages by refinancing or selling their homes. Falling house prices may …
Permanent link to this article: http://www.greenbrierrealestateservices.com/frbsf-economic-letter-mortgage-prepayment-an-avenue-foreclosed-2012-05-2132012/
Feb
20
Illinois Attorney General Lisa Madigan says homeowners whobelieve they’re entitled to reimbursements from a multi-statesettlement with large mortgage lenders or who have questions cancontact a help line set up by the office. Illinois is expected to get $1 billion of the roughly $25billion settlement announced Thursday. It involves allegations of widespread “robo-signing” offoreclosure documents and …
Permanent link to this article: http://www.greenbrierrealestateservices.com/ag-homeowners-can-seek-hotline-after-settlement/
Feb
20
News Students joined several South side activists to celebrate their occupation and renovation of a single family home. Forget Wall Street. Students joined numerous South side community activists at a teach-in Wednesday night to discuss and celebrate their occupation and renovation of a place much smaller than Zuccotti Park: a single family home. Photo: Stephanie …
Permanent link to this article: http://www.greenbrierrealestateservices.com/foreclosed-homes-a-new-occupy-target/
Feb
19
Feb. 10, 2012 10:14 AMUSA Today After nearly a year of negotiations, federal and state officials and five major mortgage servicers have announced a $25 billion settlement over alleged past foreclosure and mortgage loan-servicing abuses. here are answers to questions about the deal. Q: who is participating in the settlement? A: all states except Oklahoma. …
Permanent link to this article: http://www.greenbrierrealestateservices.com/usa-today-questions-and-answers-on-the-mortgage-settlement-scottsdale-arizona-real-estate-blog/
Feb
19
Nine of the top 11 states with the most homes in foreclosure require a court or judge to oversee the process, according to 24/7. Also called foreclosure by judicial sale, it’s a formal legal action that can take months and usually involves a short trial. Some states allow for both judicial and nonjudicial foreclosures, so …
Permanent link to this article: http://www.greenbrierrealestateservices.com/top-5-states-with-the-most-home-foreclosures/
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