Thursday - September 13, 2012 - ForeclosureGate Gazette
Content
THURSDAY, SEPTEMBER 13, 2012
ACADEMIA
ADVERSARIES
ADVOCATES
BLOGOSPHERE
LEGAL
LEGISLATE
OP-ED
HOMEOWNERS NEWS
ForeclosureGate.org Is A Public Service Homeowner Coalition and Cooperative, Created To Exchange News And Information And To Advance Justice For American Homeowners
Foreclosure Fail: Study Pins Blame on Big Banks Over the past several years, we've reported extensively on the big banks' foreclosure failings. As a result of banks' disorganization and understaffing — particularly at the peak of the crisis in 2009 and 2010 — homeowners were often forced to run a gauntlet of confusion, delays, and errors when seeking a mortgage modification….
A Radical Solution to Rein in Rabid Banks and Save People's Homes From Foreclosure Theoretically, everyone wins: The county would have fewer foreclosures, the banks are more likely to get their loans repaid, the homeowners stay in their homes, and the middlemen Mortgage Resolution Partners turn a profit. Eminent domain gives the government the right to seize private property--both physical and intangible--under two conditions…
Main St Matters: Foreclosure Resources Foreclosures stand at the center of our nation's economic problems and the topic is omnipresent. One of the main problems with foreclosures is that the root elements exist largely at the national level, i.e., Wall Street (MERS et al.) or Congress (HAMP et al.). But the rest of the nation need not feel helpless. Much can be done at the local level about local foreclosures (and the related problem of underwater mortgages)….
Mortgage registry cleaned up its act [??] chief says Until the foreclosure crisis, most people had never heard of the Mortgage Electronic Registry Systems, or MERS. Then MERS surfaced amid accusations that it was a key villain in the loan crisis. Critics maintained it operated an electronic smokescreen to shield lenders from the borrowers, while helping banks cut corners on foreclosures…..
Gavin Newsom: Eminent Domain 'Threats' Should Be Investigated By Justice Department California Lieutenant Governor Gavin Newsom says he wants the U.S Department of Justice to investigate "threats" against local communities considering using eminent domain to seize and restructure poorly performing mortgages to benefit Newsom sent a cash-strapped homeowners. letter on Monday to U.S. Attorney General Eric Holder asking federal prosecutors….
Fannie Mae hides the buyer of bulk sale of Phoenix foreclosures In February, Fannie Mae announced it would auction 2,490 foreclosure homes in Phoenix, Atlanta, Chicago, Florida, Los Angeles and Las Vegas. It was the first time the governmentowned mortgage firm agreed to openly sell groups of foreclosure houses located in just one metro area.…
N.Y. Second Circuit Court won’t rule on Oneida Indian Nation reservation status in foreclosure case One decision is left to be made in the foreclosure case between the Oneida Indian Nation and Madison and Oneida counties in federal courts. And the Second Circuit Court of Appeals ruled last week that it won’t do it. In a decision dated Aug. 16, the Second Circuit said it wouldn’t rehear….
State warns Latinos of foreclosure scams The California Department of Real Estate has issued a consumer alert to help Spanishspeaking consumers avoid home foreclosure rescue scams. The department said it issued the alert in response to numerous cases that involve scammers targeting non-English-speaking, Latino homeowners….
How AirBNB helps users save their homes from foreclosure Last year Debra Giusti left her job as an IT project manager to help care for her 91 year-old mother, who was suffering from advanced Alzheimer's disease and a broken pelvis. But when she tried returning to the workforce, Gusti couldn't find any takers. Meanwhile, the mortgage payments kept coming due on her 3-bedroom home….
>>>>>>> ‘Mortgage Seizure Via Eminent Domain For Community Stabilization’ Debate And News Updated Daily http://paper.li/EmDomainDebate/1342319964
ACADEMIA
ADVERSARIES
ADVOCATES
BLOGOSPHERE
LEGAL
LEGISLATE
OP-ED
HOMEOWNERS NEWS
ForeclosureGate.org Is A Public Service Homeowner Coalition and Cooperative, Created To Exchange News And Information And To Advance Justice For American Homeowners
Foreclosure Fail: Study Pins Blame on Big Banks Over the past several years, we've reported extensively on the big banks' foreclosure failings. As a result of banks' disorganization and understaffing — particularly at the peak of the crisis in 2009 and 2010 — homeowners were often forced to run a gauntlet of confusion, delays, and errors when seeking a mortgage modification….
A Radical Solution to Rein in Rabid Banks and Save People's Homes From Foreclosure Theoretically, everyone wins: The county would have fewer foreclosures, the banks are more likely to get their loans repaid, the homeowners stay in their homes, and the middlemen Mortgage Resolution Partners turn a profit. Eminent domain gives the government the right to seize private property--both physical and intangible--under two conditions…
Main St Matters: Foreclosure Resources Foreclosures stand at the center of our nation's economic problems and the topic is omnipresent. One of the main problems with foreclosures is that the root elements exist largely at the national level, i.e., Wall Street (MERS et al.) or Congress (HAMP et al.). But the rest of the nation need not feel helpless. Much can be done at the local level about local foreclosures (and the related problem of underwater mortgages)….
Mortgage registry cleaned up its act [??] chief says Until the foreclosure crisis, most people had never heard of the Mortgage Electronic Registry Systems, or MERS. Then MERS surfaced amid accusations that it was a key villain in the loan crisis. Critics maintained it operated an electronic smokescreen to shield lenders from the borrowers, while helping banks cut corners on foreclosures…..
Gavin Newsom: Eminent Domain 'Threats' Should Be Investigated By Justice Department California Lieutenant Governor Gavin Newsom says he wants the U.S Department of Justice to investigate "threats" against local communities considering using eminent domain to seize and restructure poorly performing mortgages to benefit Newsom sent a cash-strapped homeowners. letter on Monday to U.S. Attorney General Eric Holder asking federal prosecutors….
Fannie Mae hides the buyer of bulk sale of Phoenix foreclosures In February, Fannie Mae announced it would auction 2,490 foreclosure homes in Phoenix, Atlanta, Chicago, Florida, Los Angeles and Las Vegas. It was the first time the governmentowned mortgage firm agreed to openly sell groups of foreclosure houses located in just one metro area.…
N.Y. Second Circuit Court won’t rule on Oneida Indian Nation reservation status in foreclosure case One decision is left to be made in the foreclosure case between the Oneida Indian Nation and Madison and Oneida counties in federal courts. And the Second Circuit Court of Appeals ruled last week that it won’t do it. In a decision dated Aug. 16, the Second Circuit said it wouldn’t rehear….
State warns Latinos of foreclosure scams The California Department of Real Estate has issued a consumer alert to help Spanishspeaking consumers avoid home foreclosure rescue scams. The department said it issued the alert in response to numerous cases that involve scammers targeting non-English-speaking, Latino homeowners….
How AirBNB helps users save their homes from foreclosure Last year Debra Giusti left her job as an IT project manager to help care for her 91 year-old mother, who was suffering from advanced Alzheimer's disease and a broken pelvis. But when she tried returning to the workforce, Gusti couldn't find any takers. Meanwhile, the mortgage payments kept coming due on her 3-bedroom home….
>>>>>>> ‘Mortgage Seizure Via Eminent Domain For Community Stabilization’ Debate And News Updated Daily http://paper.li/EmDomainDebate/1342319964
