Foreclosure victims sued – ABC7 investigation – Abc Local Web
LOS ANGELES (KABC) — An Eyewitness News investigation found that families across California were being sued after they lost their homes to foreclosure. Mina Shahab lives in a cramped apartment in Woodland Hills. She shares it with her brother who is …
Monique Acosta, California Foreclosure Victim, Found Guilty Of Vandalizing Home – Huffington Post
Foreclosure can be frustrating, but one couple found the process so upsetting that they allegedly decided to cut down some trees and throw them in their pool before moving out. A jury in Riverside, California found Monique Acosta of French …
Lawmakers push foreclosure relief for military
WASHINGTON (Reuters) – The House of Representatives on Friday voted to further insulate some service members from home foreclosures and extend borrower protections to disabled veterans and surviving military spouses. The measure passed 394-27 on a bipartisan vote and was attached to a $554 billion defense spending bill that is set for a final vote [...]
A South Jersey foreclosure counseling agency reluctantly closes shop – Philadelphia Daily News
The residential mortgage-foreclosure crisis was good for business at Ahome Affordable Homes in Millville. Make that too good: After several years of growth, the respected nonprofit agency, which had assisted at least 2,100 people facing …
Foreclosure Photo Exhibit Sheds Light On Housing Crisis – Huffington Post
To Carl Rutberg, executive director of the Alice Austen House, the show seemed apt for a museum honoring the legacy of a pioneering 19th-century woman photographer in her former home, which she lost to foreclosure because of financial reverses …
Foreclosure problem in Carpentersville? No, executive says, but village seeks study – Arlington Heights Daily Herald
Between March 2011 and April 2012, 1,034 Carpentersville homes fell into foreclosure, which is nearly 10 percent of the village’s housing stock of roughly 11,000 homes. A figure listing the total number of foreclosures in the village was not …
Oakland County: Foreclosure totals for April down more than 45 percent
Home foreclosures last month in Oakland County were down more than 45 percent from April last year, according to a press release issued by the county. Two hundred and ninety-six foreclosed homes were auctioned at Oakland County Sheriff’s Office deed sales last month compared to 541 for April 2011.
Rents soar as foreclosure victims, young workers seek housing
Few new units and tight standards for home loans add to the pressure. The average monthly U.S. rent is at an all-time high, and a 10% jump in Los Angeles County over the next two years is forecast. A nation still struggling to clear up one housing debacle has run smack into another — soaring [...]
That New Foreclosure Tsunami? Still Waiting – Wall Street Journal
CoreLogic’s monthly foreclosure report, released Tuesday … But for now, it’s fairly calm waters. Leave the Dramamine at home.
Look Who’s Pushing Homeowners Off the Foreclosure Cliff – Bloomberg
Lenders have been imposing exorbitant insurance policies on homeowners whose regular coverage lapses or is deemed insufficient. The policies, standard homeowner’s insurance or extra coverage for wind damage, say, for Florida residents …