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News :

Merced City Council eyes repeal of foreclosure ordinance
Merced Sun-Star
Six months ago, his family began receiving foreclosure letters from various banks about the house. Thanks to the Merced City Council's passing of a 2011 ordinance that says foreclosure isn't a valid reason to evict a tenant, Contreras hasn't been ...

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Military members often scam victims
TheReporter.com
One way Harris would like to protect the military is to require banks to notify service members of their rights under the Servicemember Civil Relief Act before filing for foreclosure. Under the act, service members are eligible for various ...

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Judge clears path for Rarity Pointe foreclosure
Knoxville News Sentinel
The judge's action clears the way for the project's mortgage holder to auction more than 180 unsold lots and a golf course at a foreclosure sale. Reading her opinion from the bench, Judge Marcia Phillips Parsons on Friday said Ross, the Maryville ...

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On the record
Muncie Star Press
Michael J. and Amy Etchison, Windermere, Fla., and tenants at 2001 W. Mount Pleasant Blvd.; 4651 Woods Edge Lane and 5020 Hessler Road, foreclosure. Aaron Hassett, 2204 W. Village Drive, vs. Walter Berry, 3820 Kingswood Court, complaint.



Bank of America offering up to $30000 for short sales
OCRegister
In recent months, major banks in the US have become increasingly willing to embrace short sales as a cheaper alternative to foreclosure. Cathy Haney is a real estate broker who grew up in and now lives and works in Irvine.



Citbank /Provident Funding Short Sale Closed by The Ballen Group of Keller ...
PR.com (press release)
With foreclosures on the rise in the US, banks are looking for any way they can to minimize their foreclosure losses. Basically, it is much more cost effective for a bank to agree to a short sale rather foreclose on a home. Banks aren't in the business ...

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Indianapolis area has most-affordable housing
Indianapolis Star
Widespread home foreclosures are a big factor. Indianapolis endured the highest foreclosure rate in the nation in 2006, and the rate has remained high since. Foreclosures have dumped many thousands of homes on the market at reduced prices, driving down ...

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Indianapolis metro area ranked No. 1 in housing affordability
Indianapolis Star
Widespread home foreclosures are a big factor. Indianapolis endured the highest foreclosure rate in the nation in 2006, and the rate has remained high since. Foreclosures have dumped many thousands of homes on the market at reduced prices, driving down ...

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Shafted! Why are Homeowners Still Left to Struggle Against Big Banks Alone?
AlterNet
The funds directed to the states were intended to support counseling, foreclosure mediation, mortgage modification programs, and legal services for those facing the prospect of losing their homes. But states are taking advantage of loose wording in the ...

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Shafted! Why are Homeowners Still Left to Struggle Against Big Banks Alone?
AlterNet
The funds directed to the states were intended to support counseling, foreclosure mediation, mortgage modification programs, and legal services for those facing the prospect of losing their homes. But states are taking advantage of loose wording in the ...

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Mortgage settlement money fixes government budgets
GovPro Media
Money from the National Mortgage Settlement that struggling homeowners were counting on for relief is being channeled to plug state budget deficits instead. According to a report by Enterprise Community Partners (ECP), a group that supports affordable ...



Thousands of Georgia Homeowners May be Eligible for Bank of America Loan ...
Public Broadcasting Atlanta
By Jonathan Shapiro Thousands of Georgia homeowners who are currently underwater on their mortgages could be eligible for a new principle reduction program. It's part of massive settlement agreement between Bank of America and federal and state ...



Misused funds
WatertownDailyTimes.com
Struggling homeowners in several states may see limited help from a highly touted national mortgage settlement as state lawmakers instead divert the money to other purposes. In February, the Obama administration and 49 states made national headlines ...

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MRG Document Technologies Partners with The Stonehill Group to Offer Cost ...
Business Review USA (press release)
Atlanta, GA, May 17, 2012 --(PR.com)-- The StoneHill Group, a nationwide provider of quality control audits, fulfillment, due diligence and FHA insuring solutions for mortgage originators, announced a strategic alliance with MRG Document Technologies ...

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John J. Stahl III Joins The Coastal Bank as Mortgage Director and Senior Vice ...
PR Urgent (press release)
In his new position, Stahl oversees mortgage lending activity at The Coastal Bank, manages a team of mortgage experts and ensures that customers enjoy access to a full range of state-of-the-art products and services. An accomplished mortgage industry ...



MRG Document Technologies Partners with The Stonehill Group to Offer Cost ...
Exec Digital (press release)
Source: The StoneHill Group Atlanta, GA, May 17, 2012 --(PR.com)-- The StoneHill Group, a nationwide provider of quality control audits, fulfillment, due diligence and FHA insuring solutions for mortgage originators, announced a strategic alliance with ...

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Business news
The Augusta Chronicle
WASHINGTON ? Average US rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie ...

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Harper: Isakson right on mortgage reform
Savannah Morning News
Fannie Mae, Freddie Mac, FHA and the VA have been essential to the mortgage market for the past four years. Private money has vacated, except for when the government is willing to backstop risk in these uncertain times. Georgia Sen.

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SYS-CON Media (press release) (blog)

MRG Document Technologies Partners with The Stonehill Group to Offer Cost ...
SYS-CON Media (press release) (blog)
By PR.com Newswire Atlanta, GA, May 17, 2012 --(PR.com)-- The StoneHill Group, a nationwide provider of quality control audits, fulfillment, due diligence and FHA insuring solutions for mortgage originators, announced a strategic alliance with MRG ...

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Business briefs
The Augusta Chronicle
WASHINGTON ? Average US rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie ...

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News :

Mortgage Holder Lands Wilson Estates Buildings
LoanSafe
(MCT) ? Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday. Representatives of BACM2006-5 Wichita Offices LLC took over ownership of what are known as the Bank of Kansas building, ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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Mortgage holder lands Wilson Estates buildings
Kansas.com
By Dan Voorhis Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday. Representatives of BACM2006-5 Wichita Offices LLC took over ownership of what are known as the Bank of Kansas building, ...

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US housing starts rose to 717000 in April
Green Bay Press Gazette
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

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US builders started work on more homes in April, reflecting growing confidence ...
Newser
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and... (Associated Press) Construction workers build an ...

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US housing starts rose to 717000 in April
Rochester Democrat and Chronicle
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

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US housing starts rose to 717000 in April
Montgomery Advertiser
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

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US housing starts rose to 717000 in April
Kansas.com
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
The Courier-Journal
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


Atlanta Journal Constitution

US housing starts rose to 717000 in April
Atlanta Journal Constitution
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

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CIVIL FILINGS: Jefferson County
West Virginia Record
* Plaintiff claims violation of the West Virginia Consumer Credit and Protection Act. Seeks costs minimum of $74999.99. Melinda D. Hedden vs. Saxon Mortgage Services Inc. * Plaintiff claims violation of the West Virginia Consumer Credit and Protection ...



Edgewood Summit gets almost $9M for expansion
Charleston Gazette
The West Virginia Economic Development Authority authorized an $8.75 million mortgage revenue bond issue Thursday to pay for the project. Edgewood Summit will put equity in the project to make up the nearly $4 million difference, said Diane Gouhin, ...



Credit card and mortgage debt down, but so are scores
Puget Sound Business Journal
In some states mortgage debt fell more -- it dropped 7 percent in both Mississippi and Tennessee, and fell 6 percent in South Carolina, West Virginia and Wisconsin. Nationwide, home equity debt fell and so did student loan debt, but auto loan debt ...

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C&F Financial Corporation Announces Quarterly Dividend
Sacramento Bee
By C&F Financial Corporation WEST POINT, Va., May 16, 2012 -- /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common ...

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Consumer protection office opens in W.Va.
Graffiti
AP MARTINSBURG, W.Va. (AP) ? West Virginia's attorney general's office has opened a consumer protection office in Martinsburg to serve the Eastern Panhandle. Opened Tuesday, the office will help bridge residents in that part of the state with consumer ...

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Martinsburg workshop aims to help those struggling with mortgages
The Herald-Mail
Residents should bring all of their home mortgage-related documents to today's workshop, which will be from 10 am to 7 pm at the newly opened West Virginia attorney general's Eastern Panhandle office at 269 Aikens Center. Deputy Attorney General Jill ...



Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West Virginia have not been as specific as to where they are diverting the funds. Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how ...

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C&F Financial Corporation Announces Quarterly Dividend
MarketWatch (press release)
WEST POINT, Va., May 16, 2012 /PRNewswire via COMTEX/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI) , the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common share, which is payable ...

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Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...

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C&F FINANCIAL CORPORATION : Announces Quarterly Dividend
4-traders
WEST POINT, Va., May 16, 2012 /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common share, which is payable July 1, ...

and more »