Thursday - June 20, 2013 - ForeclosureGate Gazette

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THURSDAY, JUNE 20, 2013

ACADEMIA

ADVERSARIES

ADVOCATES

BLOGOSPHERE

LEGAL

LEGISLATE

OP-ED

HOMEOWNERS NEWS

The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Constitutionality question in Colorado foreclosures remains open A flurry of documents filed in the federal lawsuit Lisa Kay Brumfiel brought against the bank and some of the state's top foreclosure lawyers indicate that a giant question mark remains: whether Colorado foreclosure law violates the 14th Amendment right to due process and whether a federal judge can still take on the issue even if it doesn't affect Brumfiel anymore….

Foreclosure Crisis Cost U.S. $192.6 Billion In Lost Wealth Last Year, Study Finds Americans lost $192.6 billion in wealth, or an average of $1,700 per household, last year due to foreclosures….. The report also found that the U.S. could lose $221 billion if officials don't come to the aid of millions of borrowers who owe more on their homes than they're actually worth….

NeighborWorks America Ranks 3rd Among Nonprofit Builders of Affordable Homes in Latest Builder Magazine List NeighborWorks America, representing the NeighborWorks network, was ranked No. 3 among builders specializing in affordable for-sale homes. NeighborWorks organizations build homes in suburban, rural and urban markets….

Special Report: Cheap money bankrolls Wall Street's bet on housing Michael Marchillo, a plumber, has been trying and failing for months to buy a bigger home for his family here in Sin City. He was pre-qualified by a bank for a $130,000 mortgage….

Study: Housing affordability erodes The cost of housing dropped in the Sacramento region from 2008 to 2011, but families struggling with housing costs didn't see much benefit, according to a study released this week by the Center for Housing Policy….

Three More States Adopt New Mortgage Loan Officer Test Three additional state agencies announced this week that they will join a new nationwide mortgage loan officer test with a uniform state component, bringing the total number of agencies to 30….

Report: Foreclosure crisis continues to ravage Newark economy The report is put together by New Jersey Communities United, a grassroots non-profit group that advocates for low-income residents. It claims that New Jersey has the second highest rate of foreclosure in the country….

DOJ nabs 30th guilty plea in foreclosure bid-rigging probe A real estate investor has become the 30th person to agree to plead guilty as part of a government investigation into a conspiracy to rig auctions of foreclosed property in Northern California, the U.S. Department of Justice said. In court documents, the department said Mohammed Rezaian of Novato, California, was part of a conspiracy to fraudulently obtain titles to properties sold in San Francisco and San Mateo counties….

Homeowner/Foreclosure Legal Q&A
I received a summons from the state of Wis. My landlord is in foreclosure with a bank? >>>> With an HOA foreclosure in Florida, will only the 1st mortgage (primary) survive? >>>> Bank tried to set aside foreclosure. They lost and now I can not recover attorney fees? Appeal? >>>> Who is the owner of the house if it was already foreclosed but the deed of sale is not yet scheduled >>>> What is the meaning of a withdrawal of affidavit as to amounts due and owing in a foreclosure case by the bank (plaintiff)?>>>> The beginning of October 2012 my Daughter was served with Papers from GMAC that her House was going in Foreclosure!!>>>> Lender filed Lis Pendens. Can you do a Deed removing your name from title if you did not sign the Note or Mortgage?>>>>

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