Posts Tagged ‘Homeowners’

NY1 For You: Homeowners Can Get Free Help To Avoid Foreclosures

NY1 For You: Homeowners Can Get Free Help To Avoid Foreclosures
As the national foreclosure rate hits an all-time high, some local non-profit agencies are warning at-risk homeowners to beware of scams looking to take advantage of their vulnerability.

Read more on NY1 News

Real Estate Wonk: Underwater Maryland homeowners

Real Estate Wonk: Underwater Maryland homeowners
Pick four mortgaged homeowners at random in Maryland, and chances are that one of them owes more on his or her loan than the home is worth. Twenty-three percent — very close to one in four — are in that “underwater” state, according to a new report from First American CoreLogic.

Read more on Baltimore Sun

Obama takes $1.5 billion from bank bailout to aid homeowners

Obama takes $1.5 billion from bank bailout to aid homeowners
President Obama sought to give a needed lift to Senate Majority leader Harry Reid’s re-election chances on Friday, crediting him with helping stave off a depression over the past year while rolling out a $1.5 billion mortgage program meant for a handful of states that have endured waves of home foreclosures.

Read more on Q13 FOX Seattle

Homeowners owe almost $6m in rates

Homeowners owe almost $6m in rates
Southern homeowners owe almost $6 million in overdue rates, and the figure is likely to rise in coming months, a budgeting boss warns.

Read more on Stuff

Obama’s $1.5 billion financing plan would help struggling homeowners in 5 states

Obama’s $1.5 billion financing plan would help struggling homeowners in 5 states
LAS VEGAS — President Obama unveiled a $1.5 billion program to aid the states hardest hit by the foreclosure crisis, a small but targeted effort to address a housing problem that continues to resist government solutions.

Read more on Washington Post

Federal mortgage plan aids 12% of homeowners

Federal mortgage plan aids 12% of homeowners
Program to stem foreclosures called `complete failure’

Read more on Inside Bay Area

Obama administration plans to send aid to homeowners

Obama administration plans to send aid to homeowners
The Obama administration announced another program to help troubled homeowners in 5 states including CA.

Read more on KGO-TV Bay Area

Hundreds of foreclosure attorneys investigated in Calif. for duping desperate homeowners

Hundreds of foreclosure attorneys investigated in Calif. for duping desperate homeowners
need to come up with their share of campaign contributions to the Democrats. Who cares how they get the money, as long as it goes to … read more Democrats.

Read more on Minneapolis-St. Paul Star Tribune

Homeowners sue Bank of America

Homeowners sue Bank of America
Ten homeowners resorted to federal court for help with their mortgages this week, saying Bank of America broke promises to modify their payments.

Read more on The Charlotte Observer

Despite government program, lenders still slow to modify loans for struggling homeowners

Despite government program, lenders still slow to modify loans for struggling homeowners
Posted 9:33 a.m. Thurs., 02.11.10 – Nearly a year after President Barack Obama announced a government-backed mortgage modification plan to help struggling American homeowners, the program is under fire from housing advocates who say it lacks teeth and from a congressional oversight panel that questions its effectiveness.

Read more on St. Louis Beacon