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In a Queens Neighborhood, Signs of Uneven Burdens From a Housing Crisis

Amid talk of a recovering economy, housing woes continue to plague parts of New York City, falling particularly hard on blacks. Go to Source





DocX Faces Foreclosure Fraud Charges in Missouri

The charges against DocX, which provided home foreclosure services to lenders across the nation, are one of the few criminal actions to follow reports of widespread improprieties against homeowners. Go to Source





Florida remains undecided in foreclosure deal as 40 states opt in

Florida is among a handful of key states that remains undecided whether it will support to a draft deal settling claims of improper mortgage servicing. More than 40 states opted in as the deadline for joining the proposed state-federal mortgage service … Go to Source





Democratic lawmakers offer bills addressing foreclosure crisis

… the state’s lingering foreclosure crisis. “When you foreclose on a home … communicate clearly with borrowers facing foreclosure, educate them about their options … out fair terms for their mortgages instead of letting big banks … that foreclosures often stem from a lack of knowledge. “During the foreclosure … Go to Source





Bills may prevent some foreclosures

… dual-track process allows mortgage lenders to move ahead with foreclosure even when … the homeowner of their mortgage modification status before foreclosure. Senate Bill 1552 … a foreclosure avoidance measure. "Every loss of a home from foreclosure … Go to Source





States Agree on $25B Foreclosure ‘Robo-Signing’ Deal

… five biggest banks related to foreclosure abuses including "robo-signing… for a mortgage relief plan with the five biggest mortgage servicers, Bank … an investigation of foreclosure abuses. Evidence of robo-signing foreclosure documents began to … Go to Source





Del. a Holdout in Foreclosure Settlement

Del. a Holdout in Foreclosure Settlement Posted: Tuesday, February 7, … over foreclosure abuses. The deal would force the five largest mortgage lenders … Go to Source





Foreclosure settlement advances

… over foreclosure abuses. The deal would force the five largest mortgage lenders … millions edged toward foreclosure. Many companies that process foreclosures failed to verify … also promises to reshape long-standing mortgage lending guidelines. It would make … Go to Source





U.S. mortgage deal moves forward

… faulty foreclosures. "The sign-on deadline for the proposed joint state-federal mortgage … earlier agreement meant to resolve mortgage-related claims from its Countrywide unit … they held the mortgages at the time they foreclosed. California's … Go to Source





A foreclosure deal worth taking

… and servicing of loans, including foreclosures. It doesn't bar … feds from addressing problems with mortgage-backed securities. Because the settlement is … service significantly and start modifying mortgages for troubled borrowers more effectively … Go to Source