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News :

Investors seek foreclosure of Hubbell properties
DesMoinesRegister.com
Tollakson said the loan is backed only by the properties' value and not a personal guarantee, a move that has caused problems for some developers struggling with foreclosure and bankruptcy. ?Our company is financially strong,? he said, adding that the ...



Second chance financing offered through Premier Mortgage Lending
Las Vegas Review-Journal
Nevadans who have experienced a short sale or foreclosure are not necessarily locked out of buying a home at current low housing prices. Opportunities exist through private lending programs such as Premier Mortgage Lending's Another Chance Loan Program ...



Family faces foreclosure
Coeur d'Alene Press
The Morgan/Cochrane family is selling their belongings in an effort to save foreclosure procedures on the mortgage of their Rathdrum home. From left, Caleb Morgan, Gavin Morgan, Jacob Cochrane, Jane Morgan, Charlie Morgan, Rachael Cochrane and Seth ...



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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


Investors seek foreclosure of Hubbell properties
DesMoinesRegister.com
Tollakson said the loan is backed only by the properties' value and not a personal guarantee, a move that has caused problems for some developers struggling with foreclosure and bankruptcy. ?Our company is financially strong,? he said, adding that the ...



Second chance financing offered through Premier Mortgage Lending
Las Vegas Review-Journal
Nevadans who have experienced a short sale or foreclosure are not necessarily locked out of buying a home at current low housing prices. Opportunities exist through private lending programs such as Premier Mortgage Lending's Another Chance Loan Program ...



Family faces foreclosure
Coeur d'Alene Press
The Morgan/Cochrane family is selling their belongings in an effort to save foreclosure procedures on the mortgage of their Rathdrum home. From left, Caleb Morgan, Gavin Morgan, Jacob Cochrane, Jane Morgan, Charlie Morgan, Rachael Cochrane and Seth ...



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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »

News :

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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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.

and more »


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 ...

and more »


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 ...

and more »


Bobby Petrino Breaks Even in Sale of Benton County Lake Home
ArkansasSports360.com
That purchase was tied to a 30-year mortgage worth $480000 held by Signature Bank of Arkansas. The home sits on a 1.07-acre lot and includes two extra lots as well as a private boat dock with four slips. It didn't take long for the former coach to get ...

and more »


Bobby Petrino Breaks Even in Sale of Benton County Lake Home
Arkansas Business Online
That purchase was tied to a 30-year mortgage worth $480000 held by Signature Bank of Arkansas. The home sits on a 1.07-acre lot and includes two extra lots as well as a private boat dock with four slips. It didn't take long for the former coach to get ...

and more »


New Flood Maps Show Current Risks in Benton County, Arkansas
Insurance News Net (press release)
DENTON, Texas -- Benton County, Arkansas homeowners, business and residential renters, and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums before new flood insurance rate maps go into ...

and more »


New Flood Maps Show Current Risks In Lincoln County, Arkansas
Insurance News Net (press release)
"While many people are required by mortgage and lending companies to have flood insurance, FEMA and the National Flood Insurance Program (NFIP) strongly recommend that everyone have flood insurance," said Acting Region 6 Administrator Tony Robinson .

and more »


Housing chief hits road to spur mortgage relief
Reuters
Housing and Urban Development Secretary Shaun Donovan has spent the past few weeks crisscrossing the country, visiting states from California and Colorado to Arkansas and Tennessee, to showcase efforts to use the funds for housing counseling and legal ...

and more »


New Flood Maps Show Current Risks in Desha County, Arkansas
Insurance News Net (press release)
"While many people are required by mortgage and lending companies to have flood insurance, FEMA and the National Flood Insurance Program (NFIP) strongly recommend that everyone have flood insurance," said Acting Region 6 Administrator Tony Robinson .

and more »


New Flood Maps Show Current Risks In Lincoln County, Arkansas
Insurance News Net (press release)
"While many people are required by mortgage and lending companies to have flood insurance, FEMA and the National Flood Insurance Program (NFIP) strongly recommend that everyone have flood insurance," said Acting Region 6 Administrator Tony Robinson .

and more »


KATV Channel 7 - The Spirit of Arkansas: US economy picks up after early ...
KATV
More >> 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.More >> Average US rates for ...

and more »


KATV Channel 7 - The Spirit of Arkansas: Obama wants Congress to help homeowners
KATV
Against the backdrop of a middle-class neighborhood in economically hard-hit Nevada, Obama touted steps his administration has already taken to help homeowners refinance their mortgages. But the president said he needed help from lawmakers in order to ...

and more »


KATV Channel 7 - The Spirit of Arkansas: Deutsche Bank pays $202M in NY ...
KATV
Under the agreement, Deutsche Bank AG admitted that it didn't follow all federal housing regulations when it made substantial profits between 2007 and 2009 from the resale of risky mortgages through its subsidiary MortgageIT. According to the agreement ...

and more »