Foreclosures
NLIHC Pushes Housing in Second Stimulus
November 5, 2008 Posted by RealEstateRama
November 05, 2008 - (RealEstateRama) — On October 30, NLIHC sent a letter to each House and Senate member outlining housing requests for a second stimulus package. The Congress will meet in a lame duck session set to begin on November 17. House and Senate leaders remain optimistic about their ability to pass a second […]
Americans Want More Government Involvement in Lending, NAR Survey Shows
November 3, 2008 Posted by RealEstateRama
WASHINGTON, D.C. - November 01, 2008 - (RealEstateRama) — With an unstable American economy and slowdowns in the housing market, most consumers are open to the federal government taking a more active role in overseeing mortgage and lending practices, according to the 2008 National Housing Pulse Survey, an annual survey released today by the National […]
Congresswoman Maxine Waters Criticizes Hedge Funds for Opposing Loan Modifications to Prevent Foreclosures
November 3, 2008 Posted by California RealEstateRama
Washington, DC - November 03, 2008 - (RealEstateRama) — Congresswoman Maxine Waters (D-CA), Chairwoman of the Housing and Community Opportunity and a leading advocate for homeowners, today renewed her efforts to encourage loan modifications to prevent foreclosures.
Senator Feinstein Expresses Support for More Robust Federal Efforts to Prevent Home Foreclosures
October 31, 2008 Posted by California RealEstateRama
Feinstein letter urges FDIC and Treasury to expedite mortgage relief, use economic rescue funds to assist struggling homeowners
Washington, DC - October 31, 2008 - (RealEstateRama) — U.S. Senator Dianne Feinstein (D-Calif.) today expressed strong support for efforts by Federal Deposit Insurance Corporation (FDIC) Chairman Sheila C. Bair to prevent home foreclosures by expanding federal loan […]
Superintendent of Banks Renews Commitment to Upstate Areas Impacted by Foreclosures
October 30, 2008 Posted by New York Real Estate
New York, NY - October 30, 2008 - (RealEstateRama) — New York Superintendent of Banks, Richard H. Neiman, in a speech today at the Rural Housing Coalition Conference in Buffalo, identified upstate communities among the hardest hit by foreclosures and highlighted the comprehensive approach taken by the state in combating this housing crisis.
New York Banking Department and RealtyTrac® Release Foreclosure Data for Third Quarter 2008
October 30, 2008 Posted by New York Real Estate
New York, NY - October 30, 2008 - (RealEstateRama) — New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the period ended September 30, 2008. According to RealtyTrac there were 14,477 foreclosure filings for properties in New York during the third quarter of 2008.
AG Cooper goes after Charlotte foreclosure rescue scams
October 30, 2008 Posted by North Carolina Real Estate
Firms take struggling homeowners’ money, fail to save their homes
Charlotte, NC - October 30, 2008 - (RealEstateRama) — Attorney General Roy Cooper is taking legal action to stop three Charlotte area foreclosure rescue companies from charging high fees but failing to save consumers’ homes.
Gov. Schwarzenegger Highlights Subprime Mortgage Agreement’s Progress in Preventing Foreclosures
October 30, 2008 Posted by California RealEstateRama
October 30, 2008 - (RealEstateRama) — Governor Arnold Schwarzenegger today issued the following statement regarding the third quarter of 2008 mortgage servicer survey results. The latest data, released by the Department of Corporations who tracks and reports loan modification statistics, shows continued success for the Governor’s Subprime Mortgage Agreement from November 2007 to the present […]
Specialized event assists the borough hit hardest by foreclosure
October 29, 2008 Posted by New York Real Estate
New York, NY - October 29, 2008 - (RealEstateRama) — In an effort to help residents of Queens remain in their homes and prevent foreclosure, New York City Comptroller William C. Thompson, Jr. will host his “Save Our Homes” initiative at St. John’s University, St. Louise de Marillac Hall, 8000 Utopia Parkway, on Saturday, November […]
Carson Comments on Potential Lowering of Federal Interest Rates
October 29, 2008 Posted by Indiana RealEstateRama
Washington, D.C. - October 29, 2008 - (RealEstateRama) — “Cutting the federal interest rate in and of itself is not going to solve our nation’s financial woes. Working Americans are in vital need of direct assistance that will provide them with job security and enable them to stay in their homes and avoid foreclosure.