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Recent Posts in Foreclosure Category

LaGrave Field to go Through Foreclosure Auction

A baseball team might be losing its stadium after its owner failed to save it from foreclosure . The Fort Worth Cats will lose LaGrave Field at a foreclosure auction scheduled for next month. Owner ...
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Legislatures in One State Passing New Foreclosure Law

After the foreclosure debacle of late last year and early this year, state legislators across the country have re-evaluated state laws. A new bill is set to be signed by the governor of one state to ...
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Homeowners Should Be Aware of Foreclosure Scams

Homeowners that are looking for a quick way to escape foreclosure are the easiest prey for foreclosure prevention scam artists. Hundreds, if not thousands, of people have lost their money to people ...
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Californians Flocking to Texas

If you live in Texas and have met a serious amount of Californians recently, you are not imagining things. According to recent figures, there has been a serious influx of people moving from California ...
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President Asked to Help Homeowners Facing Foreclosure

As if the President does not have enough on his plate right now, the Democratic delegation is now imploring him to take care of homeowners that are in danger of losing their homes. In a letter sent to ...
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Study Shows Foreclosures Can Hurt People's Health

Dealing with foreclosure may not only be a personal and financial hit, but it can also affect your health. A recent study conducted by doctors at one school of medicine shows that those who were in ...
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Dallas Experiencing Decline in Foreclosures

Across the country foreclosures are on the decline, especially in the Dallas area. According to one real estate survey, this area of Texas saw foreclosures drop to 4.74 percent in June, down from 5.33 ...
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Pre-Owned Home Sales Drop in Texas Communities

Those in the residential real estate market felt the crunch again this year as pre-owned home sales dropped during the first quarter. Those homes in the Dallas-Fort Worth area saw a decrease in the ...
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Preventing Foreclosure with Short Sales

If you are like thousands of Americans right now, you owe more on your mortgage than your home is currently worth. When that is the case, foreclosure is not your only option. You can also try a short ...
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Wells Fargo and BOA to Avoid $20 Billion in Penalties

Mortgage servicers like Wells Fargo and Bank of America Corp. are likely to avoid nearly $20 billion in penalties after several U.S. agencies signed deals without fines. Fifty state attorneys created ...
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5 Million Borrowers are 2 Months Behind on Their Mortgages

A new report issued by ForeclosureListings.com showed surprising numbers of foreclosures from 2010 to 2011. According to this report nearly 5 million borrowers are at least two months behind on their ...
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Fewer Texans Falling Behind on Their Mortgages

Good news for Texas: fewer residents are falling behind on their home loan payments now. A survey by the Mortgage Bankers Association reported that the fourth quarter showed 9.22 percent of homeowners ...
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Five Loan Service Providers to Settle with Attorneys Over Foreclosure Practices

According to Bloomberg, the top five loan servicers could be among the first to settle with a coalition of state attorneys general over foreclosure practices. The fifty state investigation will be ...
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GMAC Mortgage Company Allowed to Continue with Foreclosure Sales

A three-week suspension agreement between Attorney General Janet Mills and GMAC Mortgage Company is now followed by a federal judge allowing the company to resume foreclosure and eviction proceedings. ...
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Federal Prosecutors Catch On To Foreclosure Scam

Three residents of southern California are in big trouble now that federal prosecutors have caught on to their foreclosure rescue scam. They used fake bankruptcy filings to stall the foreclosure of ...
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FBI Will Investigate Foreclosure Practices

Even the FBI is getting involved in the investigation against lending companies and the increasing amounts of homes that are being foreclosed on. This is in addition to effort by attorneys general ...
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Texas Attorney General Announces Foreclosure Proceeding Investigation

This week, Texas Attorney General Greg Abbott announced that he will be working with other attorney generals and regulators from 49 other states. The group will partner to investigate improper ...
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Special Forbearances Explained

A special forbearance is an option that people should consider when they have fallen behind on their mortgages and are facing bankruptcy or foreclosure . When people ask for a special forbearance, ...
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