May 24th 2012 11:50AM
Marking the latest attempt to boost participation in a somewhat neglected foreclosure review program, the Federal Reserve recently released a video that explains the program. Announced during settlement negotiations between the government and mortgage servicers over foreclosure abuses, the Office of the Comptroller of... Continue Reading »
May 18th 2012 3:45PM
The Hawaii Legislature and Massachusetts House of Representatives passed bills that put tougher restrictions on foreclosures. In Hawaii, the new bill updates the state's foreclosure law, which was called the strongest in the country when it passed last year. The update makes the regulations even stricter, and provides... Continue Reading »
Apr 25th 2012 5:23PM
When Robert Canoles and his son Branden saw two people trying to enter the foreclosed and empty home next door to them in Porterdale, Ga., they were quick to react. They held the unknown visitors at gunpoint, and waited for the Newton County Sheriff's deputies they'd summoned to arrive. The officers quickly arrested the... Continue Reading »
Mar 30th 2012 1:00PM
At best, an increase in foreclosures takes a double-edged sword to the housing market. On the one hand, it means we may be inching toward stabilization, as shadow inventory begins to move through the pipeline. On the other, it spells more stress for beleaguered homeowners and puts downward pressure on home prices. Housing... Continue Reading »
Jan 31st 2012 5:00PM
First, Karen Perry endured divorce. Then, the death of all three of her children along with her ex-husband in a plane crash. Two months later, is this Arizona woman about to lose her home? Perry, who has suffered enough heartache for a lifetime, will be moving out of her home in Gold Canyon, Ariz., after the financial... Continue Reading »
