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News About Foreclosures
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Latest Foreclosure Headlines
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1. The Foreclosure Journal - Recent foreclosure prevention activity | MortgageDaily... A total of 1.7 million foreclosures have been averted ... however, have started the foreclosure process. Ocwen Financial Corp ... include loss mitigation, foreclosure processing, title and http://www.mortgagedaily.com/Foreclosures070208.asp 2. Wachovia Dumps Neg-Am Loans - Prepayment penalties being waived | MortgageDaily... relief to help them avoid foreclosure." The move represents ... back to current headlines Foreclosure News | Foreclosure Resources | Foreclosure Prevention Guide subscribe | mortgage http://www.mortgagedaily.com/WachoviaPrepaymentPenalty063008.asp 3. Alt-A Issuances Annihilated Again - Recent MBS ratings activity | MortgageDaily... Higher-than-anticipated rates of delinquency, foreclosure and REO in the underlying ... deteriorating housing market and rising delinquencies, foreclosures and REOs being seen in many http://www.mortgagedaily.com/Ratings062708.asp 4. Fannie Tightens Guidelines on Prior Foreclosures, Bankruptcies - Elapsed time... borrowers with prior bankruptcies or foreclosures. The company has ... circumstances. Borrowers with prior foreclosures must make a 10 ... deed-in-lieu foreclosure remains at four http://www.mortgagedaily.com/FannieUpdates062608.asp 5. 2 States Sue Countrywide - Illinois, California AGs allege borrowers deceived by... February 2008, the statement said. Countrywide's California foreclosures reached 20, ... of home foreclosures." Madigan said ... also requesting that foreclosures in process be http://www.mortgagedaily.com/LawsuitCountrywide062508.asp 6. Alt-A Avalanche - Recent MBS ratings activity | MortgageDaily.com market, rising delinquencies and worsening foreclosures. Higher-than- ... rates of delinquency, foreclosure, and real estate ... as rising delinquencies, foreclosures and REOs. Moody http://www.mortgagedaily.com/Ratings062408.asp 7. Servicer Hiring - MidFirst looking to fill 50 positions | MortgageDaily.com Financial services, foreclosure, real estate, legal, or mortgage servicing experience is helpful but not required." next story back to current headlines Mortgage Servicing News http://www.mortgagedaily.com/JobAdditionsMidFirst062408.asp 8. Brokers Being Paid for Foreclosure Referrals - Recent foreclosure prevention... York is attempting to stave of foreclosures by lengthening the ... short sale through NW Foreclosure Advisors LLC . The Portland ... to send a pre-foreclosure notice to borrowers at http://www.mortgagedaily.com/ForeclosurePrevention062408.asp 9. Mortgage Meltdown Permanently Changes Calif. - UCLA study indicates mortgage... Global losses from the surge in foreclosures have nearly reached $400 billion, ... published this week. Declining values and foreclosures in California have been worst in http://www.mortgagedaily.com/EmploymentCalifornia062008.asp 10. Mortgage, Foreclosure and Investor Fraud - FBI, DOJ announce Operation Malicious... Mortgage fraud prevention, studies and analysis. Mortgage, Foreclosure and Investor ... fraud or foreclosure fraud since ... targeted investor fraud, foreclosure rescue scams and http://www.mortgagedaily.com/FraudSeep061908.asp 11. WaMu Boosts Subprime Aid, Cuts Programs - $1 billion committed for subprime... Foreclosure News | Foreclosure Resources WaMu Boosts Subprime Aid, Cuts Programs ... helping more than 7,500 borrowers avoid foreclosure, today's statement said. The latest allocation http://www.mortgagedaily.com/WamuForeclosures061808.asp 12. Selling, Servicing Updates to Freddie - Bulletin 2008-3 issued | MortgageDaily.com Section 50(a)(6) mortgages. Changes in state foreclosure laws ... extend its foreclosure timeline in ... servicing technology. Foreclosure News | Foreclosure Resources subscribe http://www.mortgagedaily.com/FreddieUpdates061808.asp 13. OCC Touts Legal Bank Actions - Mortgage fraud, FHA certifications and preemption... The improperly underwritten loans resulted in 150 foreclosures leading to at least $7 million ... the loans -- many of which went into foreclosure, according to OCC, which is part of http://www.mortgagedaily.com/OccActions061808.asp 14. Lenders Eat Costs on Foreclosure Scam - Mass. attorney accused of stripping... Massachusetts' attorney general in a case involving a foreclosure rescue scam ... case involves foreclosure rescue transactions ... who were facing foreclosure. He promised them http://www.mortgagedaily.com/SettlementMass061808.asp 15. Unsecured Loans for Delinquent Fannie Mortgages - HomeSaver Advance launched... Foreclosure News | Foreclosure Resources Unsecured Loans for Delinquent ... deposits, escrow advances, as well as foreclosure and bankruptcy fees. Delinquent homeowner association http://www.mortgagedaily.com/FannieAdvances061708.asp 16. HOPE NOW Announces New Agreement - Non-enforceable agreement addresses 2nd liens, ... Foreclosure News | Foreclosure Resources HOPE NOW ... reduce the number of foreclosures. Servicer members of the ... are encouraged to suspend foreclosure action for a reasonable http://www.mortgagedaily.com/HopeNowAgreement061708.asp 17. Mortgage Firms Accused of Fraud in 3 Lawsuits - New Jersey sues 15 companies, 21... The properties ultimately went into foreclosure. Thousands of dollars in fees ... misrepresentations and falsified information," offered bogus foreclosure rescue services and engaged in http://www.mortgagedaily.com/FraudLawsuitNewJersey061708.asp 18. Private & Public Solutions to Foreclosure Crisis - Recent foreclosure prevention... Government lending is also having a positive impact on the foreclosures crisis. One ... veterans avoid foreclosure -- saving the ... million in foreclosure prevention grants http://www.mortgagedaily.com/ForeclosurePrevention061308.asp 19. Foreclosure Increase Continues - 261,255 foreclosure filings in May | MortgageDail... So far this year, 1,154,525 foreclosure filings have been made. ... Vermont had the fewest foreclosures of all 50 states ... Nevada had the worst foreclosure rate during the most http://www.mortgagedaily.com/Foreclosures061308.asp 20. Commercial Mortgage Performance Strong - MBA reports delinquency by investor type ... The rate of residential loans past due at least 30 days or in foreclosure was 8.82 percent at the end of first quarter, rising from 7.86 percent at the end of the fourth quarter http://www.mortgagedaily.com/CommercialDelinquency061108.asp 21. Q1 Bank Delinquency Eases - OCC surveys 9 banks | MortgageDaily.com Total delinquency, including mortgages past due at least 30 days and foreclosures, was 5. ... delinquency, which excluded foreclosures and included loans ... Loans in foreclosure jumped to http://www.mortgagedaily.com/MortgageMetrics061108.asp 22. Republicans Blast Obama for Advisor's Ties to Countrywide - RNC criticizes Jim... And so these are the folks who are responsible for infecting the economy and helping to create a home foreclosure crisis" Countrywide shareholders are expected to approve a http://www.mortgagedaily.com/ObamaCountrywide060908.asp 23. Foreclosure Decline Reported - 65,754 May REOs reported by ForeclosureS.com... A new report indicates foreclosure filings fell for the ... com. The level of pre-foreclosures dropped from 176,878 the ... May, 854,923 pre-foreclosures were filed, bringing the http://www.mortgagedaily.com/Foreclosures060908.asp 24. FHA Takes Big Hit on DPA Loans - FHA commissioner reports $4.6 billion loss... funded downpayment assistance go to foreclosure at three times the rate of loans ... He said the agency has prevented 300,000 foreclosures on FHA-insured loans during the past four http://www.mortgagedaily.com/FhaLoss060908.asp 25. Decade Old Deals Downgraded - Recent MBS ratings activity | MortgageDaily.com The actions were taken in light of the deteriorating housing market and rising delinquencies and foreclosures. The following net interest margin classes were downgraded by Fitch http://www.mortgagedaily.com/Ratings060608.asp
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Foreclosures Statistics
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