Bank of America is testing a new idea that turns underwater borrowers facing foreclosure into renters in select states: Arizona, Nevada and New York. View full post on california foreclosures – Yahoo! News Search Results Share and Enjoy:
Posts Tagged ‘foreclosure’
NY Settlement Funds will assist in Foreclosure Prevention Actions.
March 29th, 2012
admin Posted To: MND NewsWire Approximately $15 million of the $132 million New York State will receive in the national mortgage servicing settlement will be used for foreclosure prevention and housing support activities the state’s attorney general announced on Wednesday. Eric T. Schneiderman said that up to $9 million of the funds will be used to [...]
Bill signed protecting real estate investors' assets in foreclosure
March 29th, 2012
admin Daniel Duggan – Gov. Rick Snyder today signed into law a bill that will protect real estate investors with certain loans from having their personal bank accounts at risk if the buildings are taken back by lenders. View full post on real estate – Yahoo! News Search Results Share and Enjoy:
Bill signed protecting real estate investors' assets in foreclosure
March 29th, 2012
admin Daniel Duggan – Gov. Rick Snyder today signed into law a bill that will protect real estate investors with certain loans from having their personal bank accounts at risk if the buildings are taken back by lenders. View full post on real estate – Yahoo! News Search Results Share and Enjoy:
Foreclosure Rescues and Mortgage Fraud
March 28th, 2012
admin It’s a scenario that happens again and again. Delinquent borrowers are convinced by a foreclosure-rescue company to hand over the titles to their properties, and they can remain as tenants until their financial situations improve — at which point they can buy back their homes. Instead, however, the operators use mortgage fraud to extract any [...]
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