December 27, 2010
Homes in the United States are expected to lose more than $1.7 trillion in value during 2010, which is 63% more than the $1 trillion lost […]
December 27, 2010
The Obama administration is trying to convince Fannie Mae and Freddie Mac to join a program run by the Federal Housing Administration (FHA) that allows banks […]
December 20, 2010
Click here to read Katherine Porter’s testimony before the Congressional Oversight Panel at the Hearing on the TARP Foreclosure Mitigation Program in which she describes how […]
December 20, 2010
On November 16, 2010, the Senate Committee on Banking Housing and Urban Affairs held a hearing on Mortgage Services and Foreclosure Practices which included, Bank of […]
December 20, 2010
Attorney General Catherine Cortez Masto on Friday said her office filed a lawsuit against Bank of America, seeking a court order to stop the giant bank […]
December 20, 2010
District Court Judge Susan Johnson on Thursday issued a temporary restraining order against enforcement of a state regulatory advisory opinion that caps the amount collection agencies […]
December 16, 2010
The leader of a nationwide investigation of foreclosure fraud told homeowners Tuesday that the probe will have some serious consequences for bankers. To read the full […]
November 30, 2010
On November 18, 2010, George E. Burns, Commissioner for the State of Nevada Department of Business and Industry, Financial Institutions Division, gave the citizens of Nevada […]
November 29, 2010
If a homeowner is “underwater” on the mortgage, meaning that the fair market value of the house does not equal the amount owed on the loan […]