Articles About Robo-signing

Author:
Mike Ochs
Posted:
03.26.2012

Foreclosures Decline, But Expect a Spike Thanks to Banks Settlement

Foreclosure filings declined eight percent in February, the smallest year-over-year decrease since October 2010, as lenders began working through a backlog of seized properties, according to RealtyTrac Inc. A total of 206,900 homes received notices of default, auction or repossession last month, down two percent from January, according to the data firm, which noted that […]

Read More ›
Author:
Mike Ochs
Posted:
02.21.2012

As Foreclosures Decline, Federal Government Makes Deal With 49 States

In good news for beleaguered homeowners, the Obama administration announced a $26 billion mortgage settlement, which 49 out of 50 state attorneys general signed on to.  The deal won praise from such groups as the Mortgage Bankers Association, the industry trade group for lenders, and the Center for Responsible Lending, a public interest group advocating […]

Read More ›
Author:
Mike Ochs
Posted:
12.06.2011

Home Delinquencies Fall; Foreclosures Rise

Fewer borrowers currently are delinquent on their home loans, a Mortgage Bankers Association (MBA) report shows.  Curiously, new foreclosures are rising in states like California.  This is evidence that the nation still must endure significant pain before the housing crisis finally comes to an end.  According to some analysts, the nation is only halfway through […]

Read More ›
Author:
Mike Ochs
Posted:
10.11.2011

August Foreclosures Rise 33 Percent Over July

Default notices sent to delinquent U.S. homeowners soared 33 percent in August when compared with July, evidence that lenders are accelerating the foreclosure process after almost one year of delays, according to RealtyTrac, Inc.  First-time default notices were filed on 78,880 homes, the highest number in nine months.  Total foreclosure filings, which also include auction and […]

Read More ›
Author:
Mike Ochs
Posted:
08.29.2011

Foreclosures Appear to Be Stabilizing

Foreclosure filings fell a dramatic 35 percent in July to the lowest level in nearly four years as lenders and state and federal agencies ramped up their efforts to keep delinquent borrowers in their homes, according to RealtyTrac Inc.  A total of 212,764 properties received default, auction or repossession notices, the lowest number in 44 […]

Read More ›
Author:
Jafer Hasnain
Posted:
10.26.2010

Foreclosure Crisis Requires Creative Thinking

As I caught up on my New York Times reading over the weekend, I was struck by how consuming an issue this foreclosure legal mess has become.  It is on the front page, on the Op-Ed page and on the inside.  Well summarized in newspapers and well noted in the blogosphere. This issue has progressed […]

Read More ›
Author:
Jafer Hasnain
Posted:
10.25.2010

Foreclosure Crisis Requires Creative Thinking

As I caught up on my New York Times reading over the weekend, I was struck by how consuming an issue this foreclosure legal mess has become.  It is on the front page, on the Op-Ed page and on the inside.  Well summarized in newspapers and well noted in the blogosphere. This issue has progressed […]

Read More ›

Categories

Archives