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Bank Settlement Could Spur More ForeclosuresThe multi-billion dollar bank mortgage settlement could have some unanticipated consequences for borrowers in trouble. There will likely be an initial surge of foreclosures. Banks, freed from uncertainty over the investigation, will probably pick up the pace of home seizures. But the foreclosure rate will probably fall over the longer term as banks ease the burden on borrowers through principal ...NPR - Feb 10 02:06am
Foreclosure Deal May Mean More Foreclosures This YearForeclosures slowed as big banks waited for the details of the settlement to become clear. Now, they're likely to pick up the pace.NPR - Feb 09 11:06am
Foreclosures fall to three-year lowMARIETTA — Foreclosures in Cobb County will hit a three-year low next month as 908 homes are set for the auction block — the lowest number since March 2009, when 871 homes were set for foreclosure....Marietta Daily Journal - Feb 09 09:03pm
Foreclosure. Foreclosure… - News Images16 News Images
Home foreclosures may rise before bank deal helps housing marketHome foreclosures may rise before bank deal helps housing market By Prashant Gopal and John Gittelsohn Bloomberg News Published Feb 10, 2012 12:20PM MDT New York • The $25 billion settlement with banks over foreclosure abuses may result in a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely. Lenders slowed the ...The Salt Lake Tribune - Feb 10 11:12am
Federal judge: Texas law governs Utah foreclosuresFederal judge: Texas law governs Utah foreclosures By Tom Harvey The Salt Lake Tribune Published Feb 10, 2012 01:36PM MDT A federal judge has ruled that Texas laws and not those of Utah govern foreclosures by a unit of Bank of America. In doing so, U.S. District Judge Ted Stewart has dismissed a proposed class action lawsuit against the bank and its foreclosure arm, ReconTrust, as well as an ...The Salt Lake Tribune - Feb 10 12:28pm
Foreclosures down, but experts not soldCANTON — Foreclosures tumbled in February, but local experts remain unconvinced the worst is over. There are 337 new foreclosure listings published in today’s Cherokee Tribune, the county’s legal o...Cherokee Tribune - Feb 09 09:15pm
Court Takes Up Appeals From Foreclosure Mediation ProgramCARSON CITY - Nevada's Supreme Court has begun acting on appeals filed by residents trying to avoid home foreclosures through assistance from the state Foreclosure Mediation Program. In opinions issued Thursday, justices reversed District Judge DonaldLas Vegas Review-Journal - Feb 11 02:00am
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