FreeForeclosureLawyer.com has up-to-the-minute foreclosure news releases and the latest stories on Foreclosure, loan modifications, housing crises, and the newest legislation regarding foreclosure laws and all the newest Obama Foreclosure laws as they get proposed or signed into law… Latest Foreclosure News
Below is a snapshot of some recent stories:
- Countrywide Settles Fee Complaint
Mon, 07 Jun 2010 00:00:00 -0400
The Federal Trade Commission accused the mortgage lender of collecting outsize fees from about 200,000 borrowers facing foreclosure. - Owners Stop Paying Mortgages, and Stop Fretting
Tue, 01 Jun 2010 00:00:00 -0400
Some overextended borrowers stop paying the mortgage and capitalize on the time that it takes to be evicted. - Blacks in Memphis Lose Decades of Economic Gains
Mon, 31 May 2010 00:00:00 -0400
Foreclosures and unemployment have destroyed black wealth and income and erased two decades of slow progress. - Owners Bet on Raising the Rent, and Lost
Sat, 29 May 2010 00:00:00 -0400
Owners of apartment complexes in New York and San Francisco failed to replace rent-regulated residents with higher-paying tenants and fell into financial straits. - Mortgage Data Leaves Bankers Uncertain of Trend
Thu, 20 May 2010 00:00:00 -0400
Mortgage loans in delinquency rose to 9.38 percent in the first quarter, but the experts weren’t sure the data could be trusted. - Stall in Applications for Federal Mortgage Program
Tue, 18 May 2010 00:00:00 -0400
The number of homeowners enrolling in a program to lower their payments was flat in April, and some say the effort may be reaching its limits. - Building Is Booming in a City of Empty Houses
Sun, 16 May 2010 00:00:00 -0400
Cities like Las Vegas, where thousands of new houses sit empty, are building what they do not need. - Program Offers a Lifeline to Struggling Homeowners
Fri, 14 May 2010 00:00:00 -0400
Cook County has instituted a program that may ease the foreclosure crisis in the court system and help some people save their homes. - Demand Grows for F.H.A. Mortgages
Sun, 09 May 2010 00:00:00 -0400
The F.H.A.’s mortgage program is gaining traction in New York as credit has tightened. - As Homeowners’ Dreams Die, He’s the Undertaker
Fri, 07 May 2010 00:00:00 -0400
When a resident won’t leave a foreclosed house, a real estate agent comes knocking to persuade them to leave. - Bid to Make Banks Fix Crumbling Bronx Properties
Wed, 21 Apr 2010 00:00:00 -0400
Tenant advocates are asking a court to force the mortgage holders on the foreclosed Milbank buildings to repair them. - When Foreclosure Threatens Elder-Care Homes
Sun, 18 Apr 2010 00:00:00 -0400
Under current law, owners of elder-care residential facilities need not notify their residents or family members if foreclosure is imminent. - Fighting Foreclosures
Fri, 16 Apr 2010 00:00:00 -0400
Lawmakers should revive the fight to let troubled homeowners use bankruptcy court to avoid foreclosure. - Defaults Rise in Loan Modification Program
Thu, 15 Apr 2010 00:00:00 -0400
Defaults nearly doubled in March, continuing a troubling trend that threatens to undermine the federal program. - Banks Resist Plans to Reduce Mortgage Balances
Wed, 14 Apr 2010 00:00:00 -0400
An official at JPMorgan Chase said mortgage reductions could reward households for taking on more debt than they could afford and was simply unworkable.