Foreclosure – Latest News

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Fannie Mae Suspends Foreclosure Evictions | RealEstateRama

WASHINGTON, DC – December 18, 2009 – (RealEstateRama) — Fannie Mae (FNM/NYSE) announced today that it is suspending all foreclosure evictions from December 19, 2009 through January 3, 2010. All owner-occupants and tenants living in …

2009 Developments in Mediation: Foreclosure Mediation Programs …

In light of the subprime mortgage crisis, several states have adopted mediation programs to assist homeowners and lenders reach a solution to a mortgage foreclosure action. Keith Seat, at Mediate.com posted recently an update on …

TenantAccess Offers Solution to Manage Shadow Foreclosure Inventory

TenantAccess says it has an answer to that looming shadow inventory of foreclosures and REOs that so many analysts fear could get in the way of the nation’s housing recovery and lead to a second round of price deterioration for …

BofA, Chase Halt Foreclosure Evictions Until Jan. 3 : HousingWire …

3, 2009, Chase and BofA will postpone foreclosure evictions, according to HousingWire sources. Decisions to suspend foreclosure are common this time of year. This week, BofA’s executive of credit loss mitigation strategies, Jack Shakett …

bubbleinfo.com » Blog Archive » Foreclosure Cancellations

O’Toole, who sells foreclosure data to investors, government agencies and lenders, said that in the short term, fewer foreclosures could help stabilize the housing market and prompt nondistressed property owners to sell and buy another …

Related articles on foreclosure

• Bank Accidentally Sells House as Foreclosure (zillow.com)
• To Foreclose or Not To Foreclose: The Real Deal files a dispatch… (curbed.com)
• It’s OK to Walk Away, A Law Professor Argues (blogs.wsj.com)
• Attempting a Short Sale Can Be Beneficial – Even If It Doesn’t Go Through (heidiwhite.com)
• How to Rent Your Home from Fannie Mae (heidiwhite.com)
• Judge to the Rescue, Wipes Out Struggling Couple’s Mortgage (abcnews.go.com)

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• 10 Surprising Ways to Get Money From the Government Involving Real Estate [/caption] If you purchased your home using a HUD/FHA insured mortgage, you may be able to get a refund on part of the insurance premium. To qualify for the refund, you must have purchased your home after September 1, 1983.  You can not be in default on your mortgage. ......
• Do You Sincerely Want to Avoid Foreclosure? There is renewed hope for homeowners in default on their mortgage.  The program started October 1, 2008 and will end September 30, 2011.  The program is called Hope for Homeowners Program. The homeowner can get a 30 year fixed rate mortgage from the Federal Housing Administration (FHA).  The program is......

• Share Mortgage With A Roommate As the economy seems to sink lower into the ground than ever before, more homeowners are defaulting on their mortgage...
• FedPrimeRate.com Now Recommending Small Business Credit Cards The team at FedPrimeRate.com has issued a press release on the status of small business credit cards, discussing how small...