Deadline for the government's foreclosure review program has been extended to Sept. 30. Just 7.5% of the 4.5 million eligible borrowers have sought a review.Deadlines are looming for anyone seeking a review of their foreclosure proceeding and for homeowners considering a short sale.

Topics:  sept   borrowers   foreclosure review   
  • Carson Pushes Ahead
    This year marks the 50 th anniversary of the signing of the Fair Housing Act ... With the changing of those products, it drove a lot of people into foreclosure.” The overall lack of affordable housing is another concern. “We’re hemorrhaging ...
    04/11/2018 - 3:49 am | View Link
  • A House You Can Buy, But Never Own
    (African American borrowers were 76 percent more likely than white borrowers to have lost their homes to foreclosure during the recession ... He told me that he doesn’t regret signing the contract with Harbour, even though he recognizes how unfair ...
    04/9/2018 - 11:10 pm | View Link
  • Few borrowers signing up for foreclosure review
    Under the terms of an enforcement action between Uncle Sam and large mortgage servicers, you still have time to ask someone to ensure that you were treated fairly if you were involved in a foreclosure. In February, the Office of the Comptroller of the ...
    09/29/2017 - 1:00 pm | View Link
  • Chase, Wells Fargo borrowers getting cash to complete short sales
    Most banks figure they’re doing homeowners a favor simply by signing off on short sales and forgiving the ... few thousand dollars if they leave the properties in good shape after foreclosure. That’s known as “cash for keys.” Also, homeowners ...
    05/24/2016 - 8:13 pm | View Link
  • HSBC borrowers to receive assistance after alleged foreclosure violations
    The settlement resolves alleged violations in HSBC foreclosure practices, such as robo-signing, improper documentation and lost paperwork. HSBC will be required to substantially change its mortgage servicing and foreclosure practices to prevent future abuses.
    02/5/2016 - 5:45 am | View Link
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  • What's the difference between a mortgage and a promissory ...
    (Learn more about foreclosure, options to avoid it, defenses to foreclosure.) The mortgage or deed of trust will also state the: names of the borrowers; property address, and; legal description of the property. The mortgage or deed of trust is recorded in the county land records, usually shortly after the borrowers sign it.
    04/15/2018 - 9:23 am | View Website
  • Difference Between Co-borrower and Cosigner for FHA Loans
    Difference Between Co-borrower and ... the cosigner must complete and sign the loan application." Co-borrowers or cosigners cannot have ... foreclosure prevention ...
    04/15/2018 - 8:26 am | View Website
  • A Homeowner's Rights Under Foreclosure
    A Homeowner's Rights Under Foreclosure Summary Definitions of Key Terms Three Elements of Foreclosure ... To trigger a foreclosure, the borrower must, among other
    04/15/2018 - 5:20 am | View Website
    CALIFORNIA FORECLOSURE LAW ... As a rule, lenders do not start foreclosure proceedings, when the borrower is a few days late on a payment. Generally, ...
    04/14/2018 - 7:12 pm | View Website
  • The Foreclosure Process Step by Step
    Default by Borrower. The foreclosure process begins when a borrower defaults on its ... a person with personal knowledge of the affidavit’s contents must sign it.
    04/12/2018 - 11:53 pm | View Website
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