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  1. Goldman, Morgan Stanley Fined as Fed Ends Foreclosure Cases

    ... U.S. banks over improper handling of post-crisis mortgage foreclosures, fining firms including Goldman Sachs Group Inc and the IndyMac ...

    Mortgage News Ticker - 2018-01-14 10:56

  2. NYC Sees Spike in First-Time Foreclosures

    ... a 58 percent year-over-year increase in first-time foreclosures during 2017, the highest level since 2009.   According to new data from PropertySharks , new foreclosures were tied to 3,306 homes across the city last year. Among the ...

    Phil Hall - 2018-01-10 15:48

  3. The next crisis for Puerto Rico: A crush of foreclosures

    ... get worse. The next crisis for Puerto Rico: A crush of foreclosures The next crisis for Puerto Rico: A crush of foreclosures ...

    Mortgage News Ticker - 2017-12-18 10:29

  4. Fannie, Freddie Expand Neighborhood Stabilization Efforts to 10 New Markets

    ... in communities that were disproportionally affected by foreclosures. Fannie, Freddie Expand Neighborhood Stabilization Efforts ...

    Mortgage News Ticker - 2017-12-14 13:37

  5. More Single-Family Homes Positioned as Rentals

    ... Zillow senior economist Aaron Terrazas. "The combination of foreclosures and growing rental demand following the housing crash was an ...

    Phil Hall - 2017-12-13 10:50

  6. Foreclosures on seniors increased before Mnuchin joined administration

    ... Secretary Steve Mnuchin’s bank dramatically ramped up its foreclosures of homes owned by senior citizens in the months before he joined ... newly released under the Freedom of Information Act. Foreclosures on seniors increased before Mnuchin joined administration ...

    Mortgage News Ticker - 2017-12-04 09:58

  7. News From NAMB: November 30, 2017

    ... Colorado had sued Castle Law, a local law firm that handled foreclosures, saying they didn’t do their job, allegedly causing problems for ...

    John Councilman - 2017-11-30 15:32

  8. News From NAMB: November 22, 2017

    Top Story: Reverse Mortgage Foreclosures Jump 646% in 2016 A huge spike in HECM reverse mortgage foreclosures was revealed when the California Reinvestment Coalition and ... insurance, improperly paid property taxes, and attempted foreclosures for non-occupancy when the seniors still lived in their homes.  ...

    John Councilman - 2017-11-22 15:02

  9. HUD Data Finds Spike in Reverse Mortgage Foreclosures

    Last year saw a 646 percent increase in foreclosures against seniors with federally-insured reverse mortgages as ... organizations that obtained the HUD data, there were 32,976 foreclosures on federally-insured reverse mortgages between April 2016 to ... In comparison, there were 41,237 total reverse mortgage foreclosures in the federal program between April 2009 and April 2016. When ...

    Phil Hall - 2017-11-20 11:00

  10. News From NAMB: November 3, 2017

    ... Maxine Waters.  She also introduced the Preventing Foreclosures on Seniors Act that she claims would “help prevent unfair foreclosures on seniors.”  The heart of the bill is a requirement that HECM ...

    John Councilman - 2017-11-03 15:02