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foreclosure activity in massachusetts soared in april, according to warren group report
massachusetts foreclosure activity increased in april as lenders moved to deal with delinquent loans, according to a report released tuesday by the warren group, a boston company that tracks local real estate. the number of petitions, the first step in the foreclosure process, rose to 1,750, a 47 percent increase from last april, and the highest level in nearly two years, the warren group said ...
politifact: president barack obama's efforts to help foreclosure crisis have fallen short
by molly moorhead, times staff writer monday, may 28, 2012 as the economic collapse began to threaten homeowners, presidential candidate barack obama vowed to come to their aid. "we must help the millions of homeowners facing foreclosure," he said on the campaign trail in june 2008. his plan called for changes in bankruptcy laws, a crackdown on predatory and fraudulent lenders and a $10 billion...
bay state foreclosure inventory declines in april
a total of 2 percent of all homes with a mortgage in massachusetts were in the foreclosure inventory as of april, better than the nation's 3.4 percent average, according to a new report from california data firm corelogic.
state grabs $7.7m of foreclosure settlement
the mortgage foreclosure fiasco has turned out to be a bonanza of sorts for mississippi state government. mississippi’s general fund will receive a $7.7 cash infusion from the national legal settlement state attorney general jim hood and 48 other attorneys general negotiated with giant mortgage servicers bank of america , citi, chase, gmac and wells fargo.