Archive for January 8th, 2010

Foreclosures and Florida: Courts have stepped in where politicians haven't
Palm Beach Post
When the Task Force on Residential Mortgage Foreclosure Cases began studying the problem last summer, Florida ranked third, with an estimated 456000 pending
Minnesota AG to Push for Foreclosure MediationHousing Wire

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Foreclosure filings dropped in county in 2009
The Newark Advocate
The drop was minimal, less than 2 percent, and foreclosures exceeded 1000 for a fourth consecutive

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DSNews.com
GSEs Implement More Than 405000 HAMP Mods and Refinance 4 Million Loans
DSNews.com
In its third quarter Foreclosure Prevention & Refinance Report, the Federal Housing Finance Agency (FHFA) said as of November 30, Fannie Mae and Freddie Mac
Foreclosures on GSE Loans Fell in Third QuarterWall Street Journal
Fannie, Freddie re-defaults reach 34 pct in 3rd-qtrReuters
GSE Portfolio Update: Delinquencies Up, Refinances Down, Loan Mods a Function MortgageNewsDaily.com
Real Estate Channel -True/Slant -ABC News
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Reuters
Federal Judge Rejects Suit by Baltimore Against Bank
New York Times
Baltimore officials have accused the bank of tipping hundreds of black homeowners into foreclosure by singling them out for high-interest subprime mortgages
Wells Fargo Wins Dismissal of Baltimore Foreclosure LawsuitBusinessWeek
REO Bank Foreclosures in Memphis Blamed on Wells FargoInternational Business Times
UPI NewsTrack BusinessUPI.com
Sacramento Business Journal -Baltimore Sun -Reuters
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DSNews.com
Rhode Island Passes Foreclosure Information Bill
DSNews.com
Its purpose is to ensure that at-risk homeowners have access to all the resources and information available to them to prevent foreclosure, according to its
RI lawmakers return to deficit, sinking economyO Jornal

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Gothamist
Huge NYC apartment complex misses loan payment
Reuters
The payment lapse could set in motion a foreclosure process, but many experts said that is unlikely — at least in the near term, given the anemic real
Stuy-Town Default: First Step on Long RoadGlobeSt.com

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Comfort Inn faces foreclosure in Jupiter
South Florida Business Journal
The owner of the Comfort Inn & Suites in Jupiter was hit with a foreclosure lawsuit. Salt Lake City, Utah-based Zions First National Bank (NASDAQ: ZIONS)

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Minnesota AG to Push for Foreclosure Mediation
Housing Wire
Currently, 14 states operate a similar program for homeowners who slipped too far down the foreclosure pipeline to benefit from the government programs such

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Palm Beach Post
Men strip Loxahatchee Groves home under foreclosure, but was that a crime?
Palm Beach Post
The decision focuses a spotlight on a growing problem: it's taking a year on average for lenders to seize homes under foreclosure through a formal sale,

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Don't blame O'Malley for foreclosures
Baltimore Sun
In her January 4 column, "State Fails to Stem the Tide of Foreclosures," Marta Mossburg seems to have some problem deciding whom to blame for the tide of

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