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What Should HUD’s Reverse Mortgage Financial Assessment Look Like?

… an industry-wide assessment for reverse mortgage borrowers has been pending for … want to create tomorrow’s foreclosure today,” says Jeff Taylor, president … a thorough assessment of previous mortgage late payments, credit requirements and … the recent history for reverse mortgages. “The industry would be doing … Go to Source





Foreclosure rates drop in San Antonio-New Braunfels

… by CoreLogic shows that the foreclosure rate in the San Antonio-New … had a 1.28 percent foreclosure rate in November. In November … foreclosure rate in November was 3.41 percent. And the local mortgage … three-month-late loans, plus those in foreclosure and those that are bank owned … Go to Source





Foreclosures may be down, but NYC homeowners are still on shaky ground

… foreclosure problems, think again. While foreclosures are down, the rate of new mortgage defaults, a precursor to foreclosures … high even as foreclosures have been trending down. But foreclosures have been … Go to Source





Bill would protect soldiers from foreclosure

… soldiers more protection from home foreclosure. The bill was introduced last … members with nine months of foreclosure protection after they return from … of wrongful foreclosure was explained by saying that the mortgage lender did … Go to Source





Tucson foreclosures are falling

… housing report out today indicates foreclosure rates in the Tucson area … their house payments.  The local mortgage delinquency rate is over six … helps account for remarkably high foreclosure rates, which reached, by some … millions of mortgages are underwater. The vicious cycle continues at foreclosure sales … Go to Source





This Woman’s Awful Bank Of America Foreclosure Story Could Turn Into Another Viral PR Disaster

… explaining why Bank of America foreclosed on her house. You can … father, Tim, realized their fixed-rate mortgage payments were going up like … . They're going to foreclose on it. Forget that I … my name is on the mortgage…" You can watch the … Go to Source





Former Crisp & Cole Agent Gets 27 Months For Mortgage Fraud

… mortgage lenders and banks by submitting false and fraudulent statements in mortgage … the loan proceeds were subsequently foreclosed upon after loan payments were … ; Megan Balod; and Leslie Sluga. Mortgage fraud is a priority area … Go to Source





Nevada AG to Decide on Nationwide Foreclosure Settlement

… AG to Decide on Nationwide Foreclosure Settlement Posted: Monday, January 30 … on a nationwide settlement of foreclosure wrongdoing with banks. State and … mortgage servicers that would set standards for banks conducting foreclosures while providing mortgage … Go to Source





Business Notebook – Area foreclosure rate up in November

… foreclosure rate up in November WILMINGTON | The area's foreclosure rate … .8 percent of all outstanding mortgage loans in November 2011 from … , CoreLogic said. The impact of foreclosures was not, however, evenly spread … also said that the mortgage delinquency rate — when mortgages are at least … Go to Source





CoreLogic: Phoenix home foreclosures on the decline

… . Of existing mortgages, 3.07 percent were in foreclosure in November 2011 … foreclosure rate of 3.41 percent. On a monthly basis, the foreclosure … . Of existing mortgages, 3.07 percent were in foreclosure in November 2011 … foreclosure rate of 3.41 percent. On a monthly basis, the foreclosure … Go to Source