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Foreclosure Settlement

Independent Foreclosure Review Coming to a Close

Anna Cuevas | Posted 08.28.2012 | Money
Anna Cuevas

Homeowners seeking a review on whether they have been unfairly foreclosed have been granted an extension, but the deadline is almost here.

How To Get Compensated For A Mismanaged Foreclosure

ProPublica | Paul Kiel | Posted 06.06.2012 | Money

ProPublica:If you're a victim of banking abuses during the foreclosure crisis, the government says it'll make sure you receive compensation from your ...

Matt Sledge

In State AG Campaigns, Foreclosure Often The Missing Issue | Matt Sledge | Posted 05.18.2012 | Politics

NEW YORK -- The nation's attorneys general flexed their legal muscles earlier this year when they signed off on a $25 billion national mortgage settle...

Massachusetts Foreclosure Help Line Receiving 300 Calls Per Day

Posted 05.03.2012 | Business

In Massachusetts homeowners are apparently freaking out about the possibility of foreclosure. A recently-launched hotline aimed at helping homeow...

'We Are Right Back Where We Were Two Years Ago'

Reuters | Posted 06.04.2012 | Business

By Nick Carey GARFIELD HEIGHTS, Ohio, April 4 (Reuters) - Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans a...

Finally, A Commonsense Proposal in the Mortgage Foreclosure Crisis

Amy Hovey | Posted 05.26.2012 | Business
Amy Hovey

We've tried and seen the consequences of a laissez faire approach. The fact is that the market cannot correct itself. It's time for the guiding hand of government to provide the push that can send homeowners, communities and the economy on the road to recovery.

Home Loans Can Walk, Your Mortgage Nightmare Explained

Ben Hallman | Posted 05.22.2012 | Home
Ben Hallman

These days home loans, especially loans in default or otherwise in distress, get traded around more often than a mid-career relief pitcher.

WATCH: Protestors Tell Issa To 'Stop Fighting For Wall Street'

The Huffington Post | Harry Bradford | Posted 03.20.2012 | Business

California Republican Darrell Issa may think twice before coming to Brooklyn again. The Chairman of the House Oversight and Government Reform Comm...

Zach Carter

Foreclosure Activist Says $18 Million Doesn't Make Up For Homeowners' Harms | Zach Carter | Posted 03.20.2012 | Business

The last four years have not been easy for Lynn Szymoniak. Since early 2008, she has waged a seemingly endless series of legal battles against some of...

She Was In Foreclosure, But Now She's Got $18 Million

The Huffington Post | Alexander Eichler | Posted 03.15.2012 | Business

Look closely at the paperwork if you ever get foreclosed on. It could pay off. That's what Lynn Szymoniak learned when her bank foreclosed on her P...

Ben Hallman

Mortgage Settlement: The Deal That Divided The Democrats | Ben Hallman | Posted 03.13.2012 | Business

Top law enforcement officers from most of the 50 states gathered last week in Washington, D.C., for the annual spring meeting of state attorneys gener...

Ben Hallman

Mortgage Settlement: How Much Will the Banks Really Pay? | Ben Hallman | Posted 03.12.2012 | Business

The massive settlement among states, the federal government and five of the biggest banks landed on Monday, at last, in a Washington, D.C., federal di...

One Month Later, We Might Finally See The Details Of That Huge Foreclosure Deal

Reuters | Posted 05.09.2012 | Business

WASHINGTON, D.C., March 9 (Reuters) - A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices a...

Foreclosure Failure: Will The Settlement Prove The Fix?

Peter S. Goodman | Posted 05.07.2012 | Business
Peter S. Goodman

After years of incompetence, intransigence, malevolence and whatever else may explain how mortgage companies have managed to screw over millions of troubled American homeowners, a fix is finally at hand. This is how the Obama administration invites us to view the broad, $25 billion state and federal foreclosure settlement it struck last month with the nation's five largest mortgage companies.

Ben Hallman

This Is Not A Misprint: Good News For Some Homeowners With Bank of America Loans | Ben Hallman | Posted 03.08.2012 | Business

For once, now might be a good time to have a Bank of America home loan. Under the $25 billion foreclosure settlement signed last month, Bank of Ame...

Ben Hallman

The Big Foreclosure Settlement? Still Not Done | Ben Hallman | Posted 03.01.2012 | Business

It's been 21 days since the government announced with great fanfare a $25 billion national foreclosure settlement with five big banks -- long enough f...

Ben Hallman

Housing Regulator Won't Heed President Obama On Foreclosure Fix | Ben Hallman | Posted 02.28.2012 | Business

High-level efforts to convince federal housing regulator Edward DeMarco to support a foreclosure prevention technique championed by the Obama administ...

Foreclosure Dispatches: Views From Around the Country

Neeta Pal | Posted 04.28.2012 | New York
Neeta Pal


Ben Hallman

Pressure Mounts On This Man | Ben Hallman | Posted 02.27.2012 | Business

Having failed to get Fannie Mae and Freddie Mac on board helping struggling homeowners in California, Attorney General Kamala Harris is trying a new t...

Foreclosure Dispatches: Views From Around the Country

Neeta Pal | Posted 04.23.2012 | Chicago
Neeta Pal

"Saving the housing market by keeping families in their homes on the southwest side of Chicago is critical for the long-term prosperity of the city, the region and ultimately, the country."

Banks Take It Easy, While Miami Struggles Against Foreclosures

Jose Suarez | Posted 04.22.2012 | Miami
Jose Suarez

The big banks recently agreed to pay $25 billion to the victims of foreclosure abuse. Yes, $25 billion might sound quite impressive. But here in Miami, the virtual "ground zero" of the foreclosure crisis, we're wary.

Mark Gongloff

Who's Really Paying The Tab For The Mortgage Settlement? | Mark Gongloff | Posted 02.18.2012 | Business

Just who is paying for the big mortgage settlement, anyway? The Obama administration says it's the banks. Mortgage investors worry it will be them....

Big Bank Settlement Offers Cities Opportunity to Address Foreclosure Devastation - If They Take It

Dan Kildee | Posted 04.17.2012 | Business
Dan Kildee

The $26 billion settlement between state attorneys general, the federal government and five of the nation's largest banks offers a cautionary tale and some real opportunities for communities grappling with the foreclosure crisis.

Loren Berlin

A Tale Of Dual Tracking: Trying To Modify A Loan As Bank Forecloses | Loren Berlin | Posted 02.16.2012 | Business

The good news was waiting for Carrie Haskamp on her answering machine one September afternoon. Her bank had agreed to change the terms of her mortgage...

Attack of the Vampire Mortgages

Chris Ladd | Posted 04.15.2012 | Business
Chris Ladd

Washington's favorite "solution," refinancing into lower interest rates mortgages, will make it cheaper to feed the beast, but it won't stop the bleeding.