Sunday, August 9, 2009

White House's $50B foreclosure plan a bust so far - Politico.com

The Obama administration’s $50 billion program to curb foreclosures isn’t working, and the White House knows it. Administration officials blame the mortgage servicers charged with carrying out the mortgage modifications and refinancing under the ..., more 
and Ramsey man sentenced in foreclosure scam - Minneapolis Star Tribune  A Ramsey man was sentenced today to more than three years and fined $55,000 for filing false documents in the business of redeeming foreclosed properties to snatch their equity. Michael R. Wayman Jr. also faces a future hearing to set the amount of ..., more 
and 211 Line Helps Those Facing Foreclosure - KCTV 5  KANSAS CITY, Mo. -- Unemployment numbers are troubling on both sides of the state line, but the United Way is working to help people about to lose their homes. Residents who are struggling to make their house payments and are worried about ..., more 

Family, Company Talk About 'Foreclosure Nightmare' - First Coast News

JACKSONVILLE, FL -- "A foreclosure nightmare" is how a Jacksonville family is describing an ordeal with a company they thought was supposed to help them keep their house. However, a company official told First Coast News the situation has been a ..., more 
and After the Foreclosure: Downsizing and Doubling Up  Downsizing their living spaces and doubling up with roommates and relatives: The housing collapse has left many victims of foreclosure looking for a place to call home. For many investors, the once-solid decision to invest in real estate has turned ..., more 
and Von Trier Tavern faces foreclosure suit, sale - Milwaukee Journal Sentinel  The suit, filed in Milwaukee County Circuit Court, says Von Trier Tavern Inc. borrowed $275,000 from Heartland Financial Corp. in October 2008. The suit claims Von Trier failed to make loan payments on time, and now owes $301,936. The loan was ..., more 

Teaneck Mom Hopes Bake Sale Will End Foreclosure - 1010Wins

TEANECK, N.J. (AP) -- A New Jersey woman hopes her bake sale will help forestall foreclosure and keep a roof over her head. Angela Logan has until July 26 to raise $2,559.54 due her lender under a federal program to help homeowners in financial ..., more 
and Learn ways to prevent foreclosure today in La Vergne - Nashville Tennessean  The nonprofit group Residential Resources Inc., and HomeFree-USA will start with an informational session and offer one-on-one counseling for individuals. The group will begin the process of modifying mortgages to get more affordable payments and ..., more 
and Mid-Iowa foreclosure rates lower than most counties - Ames Daily Tribune  Iowa and other Midwestern states are weathering the national foreclosure storm in better shape than the highly impacted coastal areas and, in most cases, surrounding Midwestern states. Statistics from RealtyTrac, a nationwide database connected to ..., more 

Foreclosure surges - Columbia Daily Herald

WASHINGTON — The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming foreclosure ..., more 
and Rising unemployment accelerates foreclosures - News-Star  WASHINGTON — Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing ..., more 
and Treasury Department: Americans Can Expect Millions Of Foreclosures - All Headline News  Washington, D.C. (AHN) - Assistant Secretary for Financial Stability Herbert Allison delivered written testimony to the Senate Banking Committee on Friday, briefing lawmakers on the Obama administration's ongoing efforts to keep troubled homeowners ..., more 

A Foreclosure With a Happy Ending? - NHPR

In this week’s economic round-up, the focus is on housing, small business loans, and a foreclosure story that’s on track to a happy ending. NHPR’s resident economy tracker, Jon Greenberg, has more. In the housing market, if you compare the ..., more 
and Von Trier Tavern faces foreclosure suit - Milwaukee Journal Sentinel  Von Trier Tavern, a popular east side tavern and beer garden, is facing a foreclosure suit that could result in the property being controlled by a Milwaukee commercial lender. The suit, filed in Milwaukee County Circuit Court, says Von Trier Tavern ..., more 
and Ramsey man sentenced in foreclosure scam - Minneapolis Star Tribune  3 National Guard members killed in Iraq Wis. joins with Talgo for Chicago-Milwaukee trains 30-year term for man who made porn of himself, girls at day care GOP straw poll to test Minn. governor candidates Leaders of 2 Dakotas hospitals discuss merger ..., more 

Mid-Iowa foreclosure rates lower than most counties - Ames Daily Tribune

Iowa and other Midwestern states are weathering the national foreclosure storm in better shape than the highly impacted coastal areas and, in most cases, surrounding Midwestern states. Statistics from RealtyTrac, a nationwide database connected to ..., more 
and Family, Company Talk About 'Foreclosure Nightmare' - First Coast News  JACKSONVILLE, FL -- "A foreclosure nightmare" is how a Jacksonville family is describing an ordeal with a company they thought was supposed to help them keep their house. However, a company official told First Coast News the situation has been a ..., more 
and White House's $50B foreclosure plan a bust so far - Politico.com  The Obama administration’s $50 billion program to curb foreclosures isn’t working, and the White House knows it. Administration officials blame the mortgage servicers charged with carrying out the mortgage modifications and refinancing under the ..., more 

Ramsey man sentenced in foreclosure scam - Minneapolis Star Tribune

3 National Guard members killed in Iraq Wis. joins with Talgo for Chicago-Milwaukee trains 30-year term for man who made porn of himself, girls at day care GOP straw poll to test Minn. governor candidates Leaders of 2 Dakotas hospitals discuss merger ..., more 
and Foreclosure surges - Columbia Daily Herald  WASHINGTON — The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming foreclosure ..., more 
and Treasury Department: Americans Can Expect Millions Of Foreclosures - All Headline News  Washington, D.C. (AHN) - Assistant Secretary for Financial Stability Herbert Allison delivered written testimony to the Senate Banking Committee on Friday, briefing lawmakers on the Obama administration's ongoing efforts to keep troubled homeowners ..., more