Lawmaker working to improve loan modifications (The Salt Lake Tribune)
March 5, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Washington » A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government’s struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.
Foreclosed Homes in U.S. Selling at 28% Discount (Update1) (Bloomberg)
January 27, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Jan. 26 (Bloomberg) — People who buy foreclosed U.S. homes get an average discount of 28 percent off the price of similar properties that haven’t been seized by banks, according to a study released today by real estate data provider Zillow.com.
Dunwell Financial Solutions Sees Modified Mortgages on the Rise Ahead of State of the Union Address (Business Wire via Yahoo! Finance)
January 27, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
JERSEY CITY, N.J.—-Dunwell Financial Solutions, LLC, a leading mortgage modification company made up of banking professionals, believes the big banks are making progress in adapting to US President Barack Obama’s HAMP program in keeping homeowners in their homes.
Banks refusing deals to avoid home foreclosures (Galveston County Daily News)
January 26, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Banks often won’t sign off on “short sales,” where the owner sells their house for less than they owe to avoid foreclosure.
Milwaukee Residents Targeting Banks To Clean Up Foreclosed Homes (WISN 12 Milwaukee)
January 26, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
New numbers show home sales in the Midwest fell 19 percent between November and December.
