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Latest Foreclosure Headlines
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1. CA REOs Tumble - 308,524 properties foreclosed on during February | MortgageDaily.... Overall foreclosure filings improved on a ... temporarily slowed the processing of foreclosure records." California continued to account ... had the fewest. A foreclosure was filed on one www.mortgagedaily.com/Foreclosures031110.asp 2. Berkshire Unit Settles With NC - Vanderbilt Mortgage to refund $2.8 million... State Home Foreclosure Prevention Project. North Carolina said the settlement was the largest ever in the state with a manufactured home lender. Such dwellings account for 15 www.mortgagedaily.com/SettlementVanderbilt031010.asp 3. Appraisers Oppose Short-Sale Plan - BPOs on HAFAs at issue with four appraisal... that utilize alternatives to the foreclosure process. ... requirements involving foreclosure alternatives including ... headlines Foreclosure News | Foreclosures Statistics | Foreclosure Resources www.mortgagedaily.com/AppraiserShortSales030910.asp 4. Consumer Bankruptcy Litigation - Q4-2009 Mortgage Litigation Index | MortgageDaily... Kansas was not notified about a foreclosure action by a first mortgage holder--leaving excess sale proceeds to the bankrupt borrower. The subordinate lender unsuccessfully tried www.mortgagedaily.com/BankruptcyConsumerLawsuits030810.asp 5. Mortgage Fraud Lawsuits - Q4-2009 Mortgage Litigation Index | MortgageDaily.com Bigler's borrowers ended up in foreclosure. The State of Colorado v. Independence ... month sentence plus restitution over alleged foreclosure rescue scam through Homesavers LLC. na www.mortgagedaily.com/MortgageFraudLawsuits030810.asp 6. Mortgage License Litigation and Actions - Q4-2009 Mortgage Litigation Index... Protection of Homeowners in Foreclosure Act. na na na www.mortgagedaily.com/ModificationLitigation123109.asp US Advocate Law Group, P.C. and Jeff Nemerofsky Maine Attorney General www.mortgagedaily.com/LicenseLawsuits030810.asp 7. Mortgage Advertising Lawsuits - Q4-2009 Mortgage Litigation Index | MortgageDaily.... consumers that they would avoid foreclosure. na na Nov. ... com/ModificationLitigation100809.asp Foreclosure Awareness Corp., Michael ... they would avoid foreclosure. na na Nov www.mortgagedaily.com/AdvertisingLawsuits030810.asp 8. Modification Actions Drive Record Mortgage Litigation - Fourth-Quarter 2009... Foreclosure lawsuits more than quadrupled from the fourth-quarter 2008 ... Modifications 61 30 Investor 18 11 MBS 17 4 Foreclosures 17 10 Advertising 13 18 Read full report at: www.mortgagedaily.com/PressRelease030810.asp 9. Mortgage Compliance Lawsuits - Q4-2009 Mortgage Litigation Index | MortgageDaily.... Bigler's borrowers ended up in foreclosure. The State of Colorado v. Independence Planning LLLP d/b/a Alternative Lending of Colorado na Oct. 8, 2009 www.mortgagedaily.com/ www.mortgagedaily.com/ComplianceLawsuits030810.asp 10. MBS Lawsuits - Q4-2009 Mortgage Litigation Index | MortgageDaily.com Court upheld the validity of a foreclosure which took place ... judgment finding that the foreclosure sale was invalid because ... of the Massachusetts foreclosure statute. Wells Fargo www.mortgagedaily.com/MbsLitigation030810.asp 11. Mortgage Criminal Actions - Q4-2009 Mortgage Litigation Index | MortgageDaily.com Court $16,900,000 135-month sentence in foreclosure rescue scam at Metropolitan Money ... sentence plus restitution over alleged foreclosure rescue scam through Homesavers LLC. www.mortgagedaily.com/CriminalActions030810.asp 12. Modification Actions Drive Record Mortgage Litigation - Fourth-Quarter 2009... Foreclosure lawsuits more ... 1 2 13 Foreclosures Servicer-related litigation, foreclosure lawsuits and cases against foreclosure rescue services. 17 ... bankruptcy and foreclosure. 6 3 www.mortgagedaily.com/LitigationIndexQ409-030810.asp 13. Mortgage Servicing Lawsuits - Q4-2009 Mortgage Litigation Index | MortgageDaily... servicing borrowers in bankruptcy and foreclosure. Defendant Plaintiff Court Amount Overview Case Title Case Number Date Filed Link to Story American Home Mortgage Servicing Inc. www.mortgagedaily.com/ServicingLawsuits030810.asp 14. Modification Lawsuits - Q4-2009 Mortgage Litigation Index | MortgageDaily.com for assisting homeowners in preventing foreclosure. However, the ... ForeclosureFirmLitigation111709.asp Nationwide Foreclosure Prevention Center State ... visited homeowners facing foreclosure www.mortgagedaily.com/ModificationLitigation030810.asp 15. Foreclosure Litigation - Q4-2009 Mortgage Litigation Index | MortgageDaily.com Stories about legal settlements, judgments and mortgage class actions. Foreclosure Lawsuits Fourth- ... notified about a foreclosure action by a ... of a foreclosure which took www.mortgagedaily.com/ForeclosureLawsuits030810.asp 16. HAMP Activity Video - Freddie Mac video explains the Home Affordable Modification ... McLean, Va.-based company also offered words of warning for delinquent borrowers about unsavory foreclosure rescue characters. The video features Freddie Mac Senior Vice President www.mortgagedaily.com/HampVideo030510.asp 17. Default Service Providers Add Executives - Recent executive activity at mortgage... Association's, foreclosure asset management group, was brought on board to "aid in strategic direction and the growth of LAMCO's REO portfolios." Default service provider Prommis www.mortgagedaily.com/ExecutivesServices030210.asp 18. Executives Recruited, Replaced - Recent mortgage executive activity | MortgageDail... positions in sales, technology and foreclosures. GMAC Inc. Chief ... director of the Foreclosure Response Team, according ... Realtor affiliate program. Foreclosure Response photo of www.mortgagedaily.com/Executives030210.asp 19. PHH Performance Improves - $8.7 billion Q4-2009 fundings | MortgageDaily.com Excluding foreclosures, delinquency of at least 30 days rose to 4.68 percent on Dec. 31, 2009, from 4.54 percent at the end of September based on the unpaid principal balance. At www.mortgagedaily.com/PhhProduction030110.asp 20. Focus Shifts to Short Sales - Short-sale services and HAFA activity | MortgageDail... that provides incentives for preventing foreclosures by utilizing ... the Home Affordable Foreclosure Alternatives program, or ... two alternatives to foreclosure. "Using an experienced www.mortgagedaily.com/ShortSales022410.asp 21. Several States See Slipping Equity - U.S. LTV at 70% in fourth quarter... Foreclosure News | Foreclosures Statistics | Foreclosure Resources Several States See Slipping ... is closely tied to increases in pre-foreclosure activity and is a major factor in www.mortgagedaily.com/NegativeEquity022410.asp 22. Making Most of Distressed Assets - Plans proposed as default service providers... plan to rent out government foreclosures. The Mortgage Bankers ... May | full calendar Foreclosure News | Foreclosures Statistics | Foreclosure Resources subscribe | mortgage www.mortgagedaily.com/DefaultServices022410.asp 23. Servicers Converge in California - MBA servicing conference opens in San Diego... Roots and Resolutions; Foreclosure Law Update; and Navigating Loss Mitigation ... borrowers to reduce the increasing numbers of foreclosures and defaults and maximize the bottom line www.mortgagedaily.com/ServicingConference022310.asp 24. Default Service Providers Help Cut Losses - Recent default servicing activity... April provides servicers and borrowers with incentives to avoid foreclosures by using ... short sale and foreclosure alternatives solutions nationally ... to the foreclosure process under www.mortgagedaily.com/DefaultServices022210.asp 25. Delinquency, New Foreclosures Decline - 14.05% Q4 delinquency | MortgageDaily.com Coverage of servicing lawsuits and loan servicing technology. Delinquency, New Foreclosures Decline ... as new foreclosure filings declined ... days, including foreclosures, on residential www.mortgagedaily.com/Delinquency021910.asp
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