The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar with the matter.
via WSJ.com.
Jul 26
Jul 25
In many parts of the United States buying a foreclosure is en vogue. Buyers flock to these properties because they are allegedly a great deal. But, are they?
via biggerpockets
Jul 11
Dane County foreclosures rose for the first time in six months in June, increasing by 7 percent compared to a year ago.
via Property Trax
Jul 11
JP Morgan Chase has settled a class action suit for violating the nearly 70 year old Servicemembers’ Civil Relief ActSCRA which states that even when legal and in states that don’t require it, only a judge can authorize a foreclosure and only after a hearing where military members are represented
via agentgenius.
[Also applies to evictions]
Jul 07
Americas biggest mortgage servicers are closing in on a deal with federal and state officials to settle some of the thorniest foreclosure fiasco problems — including the robo-signing issue,
via NYPOST.com.
Jul 03
A judge ruled Friday that there is enough evidence for a former San Diego police officer and his wife to stand trial on felony charges in connection with the trashing of their foreclosed French Valley home.
via PE.com
Jun 26
Interest-free loans worth up to $50,000 should soon be available for many borrowers at risk of losing their homes because of unemployment or medical disability.
via Property Trax
Jun 26
Three months after Charlie and Shauna Zahari bought their first home, the FBI called to say the four-bedroom, Mediterranean-style house was stolen property.
via My Stolen Home
