Archive for August 3rd, 2008

Foreclosure rescue scams multiply
USA Today - 1 hour ago
The emerging foreclosure rescue scams, in which swindlers pledge to save the owner's house, are likely to worsen, says Sharon Ormsby, the FBI's chief of

Original Post By Google News Click Here For The Entire Article


Gulf Times
Fannie, Freddie Do More
Wall Street Journal - 2 hours ago
Under Freddie's new incentives, loan servicers will be paid $800 for modifying the terms of a mortgage to avoid foreclosure, up from $400.
Housing plan signed, but concerns linger San Francisco Chronicle
Leveraging Fannie and Freddie American Spectator
United States Moves to Shore Up Troubled Housing Sector NewsBlaze
Ocala - FOXBusiness
all 94 news articles

Original Post By Google News Click Here For The Entire Article

Nevada considers ways to deal with foreclosures
KTVN, NV - 1 hour ago
A report found that Nevada had the highest foreclosure rate in the nation in the second quarter, with one in every 43 Nevada households receiving a
State looks at ways to quell crisis Reno Gazette Journal
all 5 news articles

Original Post By Google News Click Here For The Entire Article

Foreclosure filings starting the level off
The Northwest Florida Daily News, FL - 1 hour ago
July's preliminary figures are in, and for what appears to be the first time in several years, foreclosure filings are no longer going up, up, up.

Original Post By Google News Click Here For The Entire Article

Freddie Mac Eliminates Foreclosure Timelines for Servicers, Will
Mosnar Communications Inc Blog, GA - 42 minutes ago
Finally, homeowners facing foreclosure will get some sort of real breathing room in this foreclosure crisis. Freddie Mac has announced changing its

Original Post By Google News Click Here For The Entire Article

Key California Assembly Committee to Receive Testimony Urging
California Progress Report, CA - 13 minutes ago
It would prevent any foreclosures where the Attorney General brings a statewide class action alleging fraud. Prior to the foreclosure, the financial

Original Post By Google News Click Here For The Entire Article

City foreclosure rate skyrockets
St. George Daily Spectrum, UT - 31 minutes ago
GEORGE - A new report from RealtyTrac, a California firm that monitors foreclosures across the country, shows that one in every 226 households in Utah was

Original Post By Google News Click Here For The Entire Article


New York Daily News
FEDERAL HOUSING RESCUE: Has valley market hit bottom?
Las Vegas Review - Journal, NV - 3 hours ago
The foreclosure bailout is a potential boon to lenders and homeowners. Under the program, financially distressed homeowners have the opportunity to reduce
Big housing bill: no rescues soon Christian Science Monitor
A firmer foundation Atlanta Journal Constitution
New tool shows what it takes to qualify for FHA mortgage Middle East North Africa Financial Network
Los Angeles Wave Newspapers - Chicago Tribune
all 58 news articles

Original Post By Google News Click Here For The Entire Article

HOUSE OF PAIN AS CITY FORECLOSURES SOAR 67%
New York Post, NY - 59 minutes ago
By SUSANNAH CAHALAN New Yorkers can't beat the housing heat this summer - foreclosures in the city were up 67 percent in July compared to the same month

Original Post By Google News Click Here For The Entire Article

What Muncie Needs: Foreclosure relief
Muncie Star Press, IN - 40 minutes ago
By KEITH ROYSDON • kroysdon@muncie.gannett.com • August 3, 2008 At 65, Bouslog is losing her home to foreclosure. The foreclosure notice came the day before

Original Post By Google News Click Here For The Entire Article