Chuck Dayton put down a quarter of the $950,000 purchase price when he bought his house in Newport Beach, Calif., in 2004. He was making $500,000 a year with his drywall company and he expected home values to keep rising. Then the mortgage market ..., more
and MORTGAGE MEDIATION: Foreclosure bill shifts to Senate Buckley admits ... - Las Vegas Review Journal On a 41-0 vote, the Assembly approved her Assembly Bill 149, which would allow homebuyers facing foreclosure to request a mandatory mediation hearing. During these hearings, a trained mediator, either a lawyer or judge, would determine whether a new ..., more
and Foreclosure sales halted by SC court - Spartanburg Herald-Journal COLUMBIA - South Carolina's highest court on Tuesday temporarily stopped thousands of pending foreclosure sales in the state to give homeowners more time to take advantage of a new federal program to help them refinance mortgages. The injunction ..., more
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