Foreclosures

First of its Kind Program Aims to Drastically Reduce North Carolina Foreclosure Actions

Raleigh, NC - August 18, 2008 - (RealEstateRama) — Raleigh - Gov. Mike Easley has signed into law legislation that he expects will reduce home foreclosure filings due to the sub-prime mortgage crisis during the next two years. The governor’s “Emergency Foreclosure Reduction Program” could keep more than 25,000 working families in their homes and […]

Attorney General McGraw Sues Countrywide for Inducing Consumers to Take Out Loans They Couldn’t Afford

Charleston, WV - August 12, 2008 - (RealEstateRama) — Attorney General Darrell McGraw filed suit today against Countrywide Financial Corporation, Countrywide Home Loans, Inc., Countrywide Home Loans Servicing, LP, Full Spectrum Lending, Inc. and Angelo R. Mozilo, individually and as CEO of Countrywide Financial Corporation.

Norfolk’s Foreclosure Intervention Network Presents Foreclosure Prevention Workshop, September 13

August 19, 2008 - (RealEstateRama) — Norfolk’s Foreclosure Intervention Network Presents Foreclosure Prevention Workshop, Saturday, September 13, from 9 AM to 1 PM (pre-registration starts at 8:30 AM
Are you worried about foreclosure? If so, we encourage you to attend this free three-hour workshop for owners who are delinquent or concerned about becoming delinquent.

Governor Paterson Announces Grants as Part of New York’s Continued Efforts in Fighting Foreclosure Crisis

New York, NY - July 24, 2008 - (RealEstateRama) — Governor David A. Paterson today announced a total of $1,765,000 in grants as part of New York’s continued efforts to address the subprime mortgage crisis. The grants will be provided to non-profit agencies for homeownership assistance and foreclosure prevention counseling, advocacy and legal services. Governor […]

NeighborWorks America Sponsors Boston-Area Foreclosure Prevention Workshop

Event offers homeowners opportunity to sit down with nonprofit counselors and mortgage lenders
Boston, MA - August 14, 2008 - (RealEstateRama) — Today NeighborWorks America is bringing its national foreclosure prevention campaign to Boston-area homeowners in partnership with the HOPE NOW Alliance, the Federal Reserve Bank of Boston and the New England Patriots Charitable Foundation. 

CA Attorney General Urged to Seek Injunction Halting Foreclosure on Deceptive Countrywide Mortgages

CA - August 12, 2008 - (RealEstateRama) — The California Reinvestment Coalition and the Greenlining Institute August 6 sent an urgent letter to California Attorney General Jerry Brown urging him to take immediate action against Countrywide Financial/Bank of America.

Stevens Votes in Support of Housing Relief Package with Amendment Promoting Renewable Energy Development

WASHINGTON, D.C. - August 11, 2008 - (RealEstateRama) — The U.S. Senate today passed housing stimulus legislation (H.R. 3221) designed to provide tax breaks to certain underperforming companies and for purchasing foreclosed homes. The Foreclosure Prevention Act includes a provision co-sponsored by Senator Ted Stevens (R-Alaska) and Senator Lisa Murkowski (R-Alaska) that extends tax incentives […]

Bill would help shore up foreclosure crisis

DE - August 11, 2008 - (RealEstateRama) — When a Delaware home is lost through foreclosure, it is not just one family’s private tragedy — it weakens our neighborhoods and our communities, too. With more than 4,000 Delaware properties in foreclosure, our state is now part of a national housing crisis that threatens the foundations […]

Florida Housing Commends Congress’ Passage of H.R. 3221 - The Most Comprehensive Legislation to Address the Housing Crisis

Florida is slated to receive funds to address foreclosure prevention and foster first time homeownership.
TALLAHASSEE, FL - August 4, 2008 - (RealEstateRama) —Florida Housing Executive Director Steve Auger today commended the state’s congressional delegation on the passage of the Housing and Economic Recovery Act of 2008 (H.R. 3221), which provides foreclosure prevention and neighborhood stabilization funding to […]

COLEMAN DELIVERS FORECLOSURE RELIEF TO VETERANS

Comprehensive housing legislation includes veterans foreclosure relief provision 
 
Washington, D.C. - July 31, 2008 - (RealEstateRama) — Senator Norm Coleman today announced final Senate passage of the Foreclosure Prevention Act of 2008, bipartisan legislation that will help address the current housing crisis. The measure contains a provision Coleman authored to protect returning servicemembers from the threat […]