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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
A Dream Foreclosed: As Obama Touts Recovery, New Book Reveals Racist Roots of Housing Crisis More than 10 million people across the country have been evicted from their homes in the last six years. Her new book, "A Dream Foreclosed: Black America and the Fight for a Place to Call Home," focuses on four families who have pushed back against foreclosures. "The banks exploited a larger historical trajectory of discrimination in lending and in housing that has existed since the beginning of this country.
House Republican GSE Bill Would Codify MERS, Pre-Empt Private Property Rights The top Republican on the House Financial Services Committee has tucked a provision into his mortgage finance reform bill that would create a privately held National Mortgage Data Repository..
The Chart That Housing Bulls Don't Want You To See It is hard to square the economic circle of homebuilder/REIT-related equities falling (given concerns about the higher-rate environment) with a broad equity market rally
SEC to require admissions of guilt in some settlements The Securities and Exchange Commission will begin requiring admission of guilt in certain types of civil settlements, a major departure from the agencys routine use of a boilerplate clause that allows defendants to pay fines without.
Worcester digging out of foreclosure mess, but many homes still in the pipeline Plywood sheets cover broken windows, and the remnants of an old leak stain the kitchen ceiling. It's on the market for $74,900, marked down from $139,000, and worn around the edges in a way common to many foreclosed properties.
The housing rebound: Some say this time it's for real After seven roller coaster years, a real recovery in home building and housing values may be here. In the Twin Cities, the data point in the right direction. The supply of homes for sale is at a 10-year low, and the bidding wars are back.
Missing attorney sued for more than $320,000, third lawsuit this month Missing Lake Worth attorney Timothy McCabe and his law firm pocketed $320,170 between 2010 and 2012 from struggling homeowners sucked into a foreclosure prevention scheme, according to a lawsuit filed in federal court Friday.
New Home Construction Booms as Foreclosure Filings Rise A new national survey says homebuilders are feeling optimistic about sales, and in parts of the Inland Empire, like Corona, new home construction is booming. But the construction comes as foreclosure filings took a noticeable jump over the past several weeks, putting Riverside and San Bernardino counties in the top 15 highest foreclosure rates in the state.