Foreclosure


Pictures of Foreclosure

Videos of Foreclosure

October 09, 2010

YouTube - Major Foreclosure Fiasco For Banks

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Many distressed borrowers aren't even sure who holds their mortgage, with major banks admitting they did not follow the rules for handling paperwork on hundr [...]

December 02, 2010

Bank Of America's Foreclosure Process Exposed By WikiLeaks.

Send by Aomid

Bank of America thought they had enough to worry about with the foreclosure crisis. Now, they have one more potentially damaging item on their plate. [...]

October 06, 2010

Foreclosures: Help For Homeowners Means Hurt For Banks

Send by BNET (blog)

The foreclosure crisis is morphing into a full-blown political crisis — and it's about time. In Washington, lawmakers are urging the Obama administration [...]

October 10, 2010

Area Banks Join Foreclosure Moratorium

Send by Philadelphia Inquirer

GMAC Mortgage, JPMorgan Chase & Co., and Bank of America Corp. announced they would stop moving bad home loans toward foreclosure, for now, after conceding [...]

October 06, 2010

US Offers Mortgage Aid To The Jobless

Send by Boston Globe

The zero-interest loan program will benefit several thousand homeowners in the state who are facing foreclosure because they lost their jobs and have [...]

October 06, 2010

Foreclosure Freezes Happening Across US

Send by Windy City Times

In Connecticut, Attorney General Richard Blumenthal ordered Oct. 2 that a freeze on all foreclosures by all banks for 60 days, according to the Washington [...]

October 04, 2010

Will The Banks' Carelessness Just Make It Worse?

Send by San Francisco Chronicle (blog)

In the latest episode in the housing drama, major banks are stepping forward and halting pending foreclosure proceedings after finding that their staff did [...]

October 07, 2010

Local, State And Federal Pressure To Stop Foreclosures

Send by The Washington Independent

At the outer edge of this, if every one of those foreclosure processes is seen as a single case of fraud, the fines for the entire lending industry would [...]

October 06, 2010

Pelosi: 'Time That Banks Are Held Accountable' For Foreclosure Policies

Send by The Hill (blog)

and 30 California House Democrats urged the federal government to investigate financial firms for "possible violations of the law" in their foreclosure [...]

October 09, 2010

Latest Foreclosure Crisis: Is That Bank Takeover Legal?

Send by Christian Science Monitor

There's evidence that many foreclosures may have been processed with incomplete or improper paperwork. A "bank owned" sign is seen on a home that is listed [...]

October 05, 2010

O'Malley Asks Lenders To Suspend Foreclosures

Send by WJZ

Martin O'Malley called on Maryland mortgage lenders Monday to suspend new and ongoing foreclosure actions until they can ensure they have followed proper [...]

October 07, 2010

Washington State Homeowners Facing Foreclosure Could Get $50000 Bridge Loan

Send by TheNewsTribune.com (blog)

Some Washington state homeowners who face foreclosure because of a loss of income may be eligible for a $50000 federal loan to help them make their mortgage [...]

October 07, 2010

Ohio AG Sues GMAC, Ally Over Foreclosure Fraud

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The alleged fraud surfaced when a GMAC employee testified that he'd signed thousands of affidavits in foreclosure cases without verifying the content, [...]

October 06, 2010

Mortgage Document Scandal Hurts All Homeowners

Send by Dispatch

About 2 million US households are in foreclosure, with another 2.37 million “seriously delinquent and waiting for their lender to take action,” according to [...]

October 05, 2010

Foreclosure Moratoriums Effects Uncertain

Send by San Francisco Chronicle

These are some of the questions that have been raised since Chase, Bank of America and Ally GMAC Mortgage said they would suspend certain foreclosure [...]

October 05, 2010

Old Republic National Title Dodges Foreclosures

Send by MyFox Phoenix

PHOENIX - There are thousands of foreclosed homes in the valley, just waiting to be sold. The quicker those homes are snapped up, the quicker the housing [...]

December 02, 2010

Fannie, Freddie Defend Foreclosures Amid Criticism

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Photographer: Andrew Harrer/Bloomberg Federal regulators and lawmakers pressed mortgage guarantors Fannie Mae and Freddie Mac to suspend foreclosure [...]

October 05, 2010

Octomom Foreclosure Watch: Can She Raise Ca$h?

Send by The Hollywood Gossip

Only four days remain until Nadya Suleman has to cough up serious dough or hit the bricks, but word has it she may have an ace in the hole worth $462500 [...]

October 06, 2010

Plaza Fiesta Management Say Center To Remain Open

Send by Charlotte Observer

Houston-based Boxer has managed Plaza Fiesta for more than a year, after the shopping center went into foreclosure. The lender, BB&T, hired Boxer to run it [...]

October 05, 2010

Economic Stress Declined In August; Dakotas Continue To Do Well In AP Index

Send by KSFY

AP - October 5, 2010 7:35 AM ET WASHINGTON (AP) - The nation's economic stress eased slightly in August thanks to lower foreclosure rates in the hardest-hit [...]

October 06, 2010

JPMorgan, Bank Of America Face `Hydra' Of State Foreclosure Investigations

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Authorities in at least seven states are probing whether lenders used false documents and signatures to justify hundreds of thousands of foreclosures, [...]

October 07, 2010

Bernero Shocks Economic Club By Blasting Banks Over Foreclosures

Send by Detroit Free Press

Bernero said news that some banks around the US have erroneously foreclosed on homes or unwisely issued mortgage loans in the first place should prod [...]

October 04, 2010

Wells Fargo To Meet With People Facing Foreclosure

Send by Tbo.com

Housing counselors from Wells Fargo and Wachovia, a Wells Fargo company, are coming to Tampa to meet with distressed homeowners facing foreclosure. [...]

October 04, 2010

More Foreclosure Document Problems: Are Cram Downs The Answer?

Send by DailyFinance

Despite the deposition of Wells Fargo (WFC) employee Herman John Kennerty, in which he admits to signing off on foreclosure documents without verifying [...]

October 04, 2010

BofA Halts Foreclosures In 23 States

Send by Inman.com

Bank of America has joined GMAC Mortgage and JP Morgan Chase in suspending foreclosure proceedings in 23 states where courts have jurisdiction over [...]


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