Archives

COLUMBUS, OH - January 24, 2012 - (RealEstateRama) -- In an effort to assist more Ohioans at risk of mortgage loan default or foreclosure, the Ohio Housing Finance Agency (OHFA) recently announced new changes to the state's foreclosure prevention progr...

WASHINGTON, DC - January 24, 2012 - (RealEstateRama) -- As Chairman of the Senate Subcommittee on Housing, Transportation and Community Development, Senator Robert Menendez (D-NJ) along with Representatives Maxine Waters (D-CA), Brad Miller (D-NC) and ...

Washington, D.C. - January 24, 2012 - (RealEstateRama) -- Based on what we've heard, the settlement between major banks and states’ Attorneys General (AGs), the federal Department of Housing and Urban Development, and the Department of Justice would represent an important step forward in addressing foreclosure abuses. The settlement would include key reforms to clean up unfair mortgage servicing practices. It would also provide an important template for ways banks can use principal reduction to reduce unnecessary foreclosures and put the country back on a path to economic recovery.

Wilmington, DE - January 19, 2012 - (RealEstateRama) -- Attorney General Beau Biden was joined by a bipartisan coalition of legislators and advocates today to mark the launch of Delaware’s mandatory foreclosure mediation program. The program, which b...

Las Vegas, NV - January 17, 2012 - (RealEstateRama) -- Current estimates are that nationwide, 6.3 million U.S. homeowners are more than 30 days late on their mortgage and in some stage of foreclosure. “The problem is compounded by the fact that nearl...

Phoenix, AZ - January 17, 2012 - (RealEstateRama) -- Since the company’s inception and first closing two years ago, Green Street Realty has continued an upward trend of great significance. In just those two short years, Green Street Realty has surpas...

WASHINGTON, D.C - January 6, 2012 - (RealEstateRama) -- The Loan Modification Scam Prevention Network (LMSPN) recently reached a critical milestone in the national effort to stop foreclosure rescue scams. Through the efforts of homeowners, housing counselors, advocates and Network partners from across the country, the national Loan Modification Scam Database, led by the Lawyers’ Committee for Civil Rights Under Law, has collected more than 20,000 scam complaint reports since its launch in March 2010.

TALLAHASSEE, FL - January 5, 2012 - (RealEstateRama) -- Attorney General Pam Bondi filed a lawsuit and obtained a temporary injunction and limited asset freeze against two foreclosure management companies for misleading distressed homeowners. MGD Manag...

Newport Beach, CA - January 5, 2012 - (RealEstateRama) -- Located along the busy Tenth Street corridor in downtown Alamogordo sits an investment opportunity summoning buyers with its unique selling method – an online auction. As the first ever online...

West Hartford, CT - January 5, 2012 - (RealEstateRama) -- Women Real Estate Investors Association Meeting & Dinner January 23. 6:00 pm to 9:00 pm Fratelli's Restaurant. 950 Yale Avenue. Wallingford, CT

WASHINGTON, DC - January 4, 2012 - (RealEstateRama) -- The growing rate of foreclosures and bankruptcies hits particularly hard in minority communities, where individuals who need help often have limited access to resources.

CLEVELAND, OH - January 3, 2012 - (RealEstateRama) -- After a bureau of the U.S. Treasury Department released new guidelines that amount to a free pass for banks to abandon foreclosed homes—fostering crime and leaving local taxpayers on the hook—U....

TALLAHASSEE, FL - December 30, 2011 - (RealEstateRama) -- Attorney General Pam Bondi today filed a motion asking the Fourth District Court of Appeal to certify that its recent decision in Law Offices of David Stern, P.A. v. State of Florida passes upon...

December 28, 2011 - (RealEstateRama) -- Superintendent Lloyd P. LaFountain III announced this week that the Bureau of Financial Institutions’ third quarter survey covering first residential mortgage loans held by Maine’s 32 state-chartered banks an...

LANSING, MI - December 23, 2011 - (RealEstateRama) -- Gov. Rick Snyder today signed a series of bills that clarify and improve the pre-foreclosure and foreclosure process and will help keep Michigan residents in their homes. This bipartisan legislative...

Las Vegas, NV - December 23, 2011 - (RealEstateRama) -- The Ballen Group, Leading short sale agents in Las Vegas at Keller Williams Realty Las Vegas, has solved another short sale problem for a Nevada Homeowner facing foreclosure. The Ballen Group, spe...

Washington, DC - December 21, 2011 - (RealEstateRama) -- On Friday, September 24th, NCRC will testify before Federal Reserve Board on making critical improvements to HMDA data, so that lenders can be held accountable for the types of loans they are issuing to communities.

Washington, DC - December 19, 2011 - (RealEstateRama) -- A report issued today by NeighborWorks America prepared by the Urban Institute on the consumer benefits of the National Foreclosure Mitigation Counseling (NFMC) Program shows that homeowners who received NFMC counseling were nearly twice as likely to obtain a mortgage modification and at least 67 percent more likely to remain current on their mortgage nine months after receiving one, saving servicers considerable time and expense. The data compares the results against homeowners who obtained a mortgage modification without the assistance of an NFMC foreclosure prevention counselor. The report also showed that homeowners received, on average, a mortgage modification that lowered their payment by $176 more per month, than homeowners who didn’t work with an NFMC counselor – a savings of close to $2,100 a year.

SACRAMENTO, CA - December 14, 2011 - (RealEstateRama) -- The U.S. District Court in Sacramento today unsealed an indictment against four real estate investors and an auctioneer for their participation in conspiracies to rig bids and commit mail fraud a...

Las Vegas, NV - December 13, 2011 - (RealEstateRama) -- The Ballen Group, a local team of short sale agents in Nevada, who have been specializing in Nevada Short Sales for several years now, have obtained a very difficult Short Sale Approval Letter fro...