New York Attorney General Eric Schneiderman announced on Friday he filed a lawsuit against Bank of America, JPMorgan Chase and Wells Fargo accusing them of engaging in “deceptive and fraudulent foreclosure filings.” The suit comes just a …
The 177,000-member, $1.4 billion GTE Federal Credit Union faces a $51,000 fee from Fannie Mae because it only used foreclosure attorneys the government-backed mortgage giant approved and ordered it to use. Fannie assessed the fee after a Fannie …
When a New York City apartment goes into foreclosure, it’s not just the tenants who can feel the fallout. The high number of post-recession foreclosures — and the local impact on neighborhoods, as explored in study released Thursday …
Finding a bank-owned home these days is hard enough. Actually buying one is an even bigger burden. As banks suspended foreclosure actions last year to review possible paperwork errors, total filings across South Florida plunged 61 percent from …
Feb. 3 (Bloomberg) — State attorneys general and lenders including Bank of America Corp. and JPMorgan Chase & Co. agreed to ensure that states signing a nationwide accord on foreclosures will be entitled to improved terms won later by states …
Wall Street’s biggest lobbying group is split over a proposed settlement of state and federal foreclosure probes, after a committee of money managers signaled it opposes terms letting banks push some costs onto bondholders. The Securities …
Jan. 31 (Bloomberg) — States have until Feb. 3 to decide whether to accept a proposed nationwide settlement of a foreclosure probe with banks including JPMorgan Chase & Co. and Citigroup Inc. that may total as much as $25 billion. State and …
ALBANY — Non-profit groups that provide counseling and legal services to homeowners at risk of foreclosure and some lawmakers are urging Gov. Andrew Cuomo to include $25 million in the state budget to continue the state foreclosure Prevention …
foreclosure activity fell sharply in the Pikes Peak region in 2011, mirroring a statewide trend of fewer distressed properties, according to a Colorado Division of Housing report released Wednesday. In Colorado Springs and surrounding El Paso County …
If cleared, Oregon residents whose homes were foreclosed upon or who are in danger of losing their homes may qualify for a share of the $100 million to $200 million in relief the state will receive. That will translate into foreclosure relief of …