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Posts tagged mortgage foreclosure
Foreclosure case decline leaves Collier, Lee court system facing money shortage
Sep 10th
The trust fund was created by the state Legislature in 2009 to ensure a stable funding source for the courts. Filing fees like mortgage foreclosure filings and fees collected by clerks of court are the primary sources of revenue.The state’s court system was paid for through general state revenue prior to the creation of the trust fund.
Foreclosure rate up in June for metro area
Sep 9th
The mortgage foreclosure rate in the Indianapolis area is on the rise again. It hit 3.59 percent among all outstanding mortgages in June, an increase of 0.46 of a percentage point from the same month last year and 0.05 of a point higher than in May.
Foreclosure rate up in June for metro area
Sep 9th
The mortgage foreclosure rate in the Indianapolis area is on the rise again. It hit 3.59 percent among all outstanding mortgages in June.
MonkeySold.com a Mortgage Mitigation Company, Launches Florida Foreclosure Avoidance Campaign
Sep 7th
Orlando - Distressed property expert’s online report informs distressed homeowners who are struggling with mortgage payments in Central Florida on solutions to avoid foreclosure.
Related’s CityPlace Sued in $150 Million Mortgage Foreclosure Action
Sep 7th
CityPlace Retail LLC, the developer of a mixed-use condominium, restaurant and retail project in West Palm Beach, Florida, was sued in a foreclosure action after allegedly defaulting on a $150 million mortgage.
Iowa’s Miller Says Foreclosure Deal Won’t Release Banks From All Liability
Sep 2nd
The 50-state attorney general group investigating mortgage foreclosure practices won’t release banks from all civil, or any criminal, liability in a settlement, Iowa Attorney General Tom Miller said.
Foreclosure Crisis Bank Cost Remains Elusive
Mar 11th
NEW YORK (TheStreet) -- Mortgage and foreclosure losses will likely impact bank earnings into the first half of the year, but very little is known about the ultimate cost, according to industry analysts. FBR Capital Markets analyst Paul Miller said that Wells Fargo and Bank of America are likely to be the hardest hit by mortgage banking revenues in first quarter earnings. The government's ...
Officials Aim for U.S. Foreclosure Accord Within Two Months
Mar 8th
State attorneys general said they hope to reach a final settlement with banks over their mortgage- servicing and foreclosure practices within two months and are pushing lenders to reduce loan balances.
BofA, Citigroup Say Mortgage Database Draws Scrutiny in Foreclosure Probe
Mar 2nd
Bank of America Corp. , Citigroup Inc. and PNC Financial Services Group Inc. may face added costs or fines after investigators questioned the use of a mortgage database instead of original documents to justify foreclosures .
Foreclosure Freeze | HSBC 10K Report on Fraudclosure "Deficiencies"
Mar 1st
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Commission file number 1-8198 HSBC FINANCE CORPORATION ~ From the report... We may incur additional costs and expenses in ensuring that we satisfy requirements relating to our mortgage foreclosure processes and the industry-wide delay in processing foreclosures may have a significant impact upon loss severity ...