Posts tagged as:

foreclosure

Link Roundup, week of 9.21.09

September 25, 2009

Here are an assortment of juicy consumer links I haven’t had time to write about:

Old Debts Under $100 Don’t Matter Under FICO ‘08 | Consumerist
Bank Of America Reaches Out To Angry YouTube Star | Consumerist
Congress Seeks To Move Up Credit Card Act Implementation To December 1st | Consumerist
Fight begins over new consumer protection agency | [...]

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Foreclosure Relief Law Project seeks to stop Minnesota foreclosures

July 31, 2009

Mortgage loan modifications are hard to come by, especially since banks are foreclosing before consumers have a chance to get a modification. In an effort to halt foreclosures in Minnesota so that consumers can get modifications, the Foreclosure Relief Law Project has filed a class action on behalf of homeowners, and asked the Minnesota U.S. [...]

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FTC helping consumers avoid foreclosure rescue scams

July 15, 2009

Better late than never. Foreclosure rescue scammers claim they can stop foreclosure and save homes. They can’t. This has been going on for a while (and may be on the wane, actually), but the FTC has decided to make it a prime issue. Here is their short video introducing the problem.

If anyone tells you they [...]

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Rental property foreclosures affect tenants, too

June 10, 2009

Local channel KARE 11 on the effect of rental foreclosures on tenants. This video features HOME Line, a Minnesota tenant advocacy hotline doing great work to help tenants dealing with their landlord’s foreclosures.

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48 hours left to save 1.7 million homes and $300 billion

April 28, 2009

The word from AFFIL’s Partners in Washington is that the Senate will vote on Thursday on judicial loan modifications.  Lifting the ban on these court-supervised modifications would save 1.7 million homes and $300 billion in home equity for neighbors of families facing foreclosure.  (For background info on judicial loan mods, see this previous post by [...]

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After the Bank Failure Comes the Debt Collector

April 16, 2009

After the Bank Failure Comes the Debt Collector | NY Times

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Folks losing homes dial 1-800; no one answers

April 16, 2009

Too many consumers in trouble, too few resources to help them? Folks losing homes dial 1-800; no one answers | CNN

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New York Times: Walking Away From Your Mortgage, Not So Bad After All

April 2, 2009

New York Times: Walking Away From Your Mortgage, Not So Bad After All | Consumerist

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Tenant evicted even though she pays rent on time

March 24, 2009

Tenant evicted even though she pays rent on time | CNN

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Another five mistakes homeowners make when facing foreclosure (Foreclosure Week)

March 20, 2009

Another five common mistakes for homeowners in foreclosure.

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Surviving the perfect economic storm: tent cities in America (Foreclosure Week)

March 19, 2009

From the Library of Congress, we have a photographic collage of Hoovervilles (the tent cities that popped up around cities during the Great Depression).
And now we have the Houses that Greenspan Built:

(photo: Library of Congress)
Mark Ireland is a consumer rights lawyer, and will be posting at Caveat Emptor until March 20, 2009.

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Five common mistakes homeowners make during foreclosure (Foreclosure Week)

March 18, 2009

The top ten mistakes that a homeowner makes when facing foreclosure.

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Facing foreclosure? talk to a housing counselor (Foreclosure Week)

March 17, 2009

If you are a homeowner facing foreclosure, do not rely on your Google skills or internet chat rooms for information. Instead, call 1-888-995-HOPE or go to the NeighborWorks America website.
NeighborWorks was selected by the U.S. Congress and the President to administer a $360 million program to provide free, certified, and trained counselors to homeowners who [...]

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The five (mental) stages of foreclosure (Foreclosure Week)

March 16, 2009

There are two parties in foreclosure: the homeowner and the lender.
At any given time, either of these parties in foreclosure may be at one of the five stages of the foreclosure crisis as outlined below. If you are an attorney, housing counselor, family member, lender or the person in foreclosure, you need to quickly determine [...]

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Guest blogging this week: Mark Ireland

March 15, 2009

Mark Ireland, former Minnesota Assistant Attorney General, now staff attorney at the Housing Preservation Project, will be joining Caveat Emptor this week to blog about foreclosure.
Mark’s bio after the jump.

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Produce the note!

February 26, 2009

Sometimes the court system actually works. The AP has an interesting article on homeowners who are forcing lenders to <gasp> produce the note—the proof the lender issued a mortgage. Apparently some people are having some success in delaying or stopping foreclosure by simply asking whomever is trying to foreclose to produce the original mortgage note. [...]

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California passes 90-day Foreclosure Moratorium

February 25, 2009

California passes 90-day Foreclosure Moratorium | CL&P Blog

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House addresses foreclosure relief tomorrow

February 25, 2009

One of the problems perpetuating the foreclosure crisis is the inability of lenders and borrowers to renegotiate those loans. Lenders don’t want to take care of vacant homes, and many borrowers could stay in their home if those ridiculous adjustable rates were locked into a reasonable fixed rate. Renegotiating those loans means more money to [...]

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Who’s getting hurt? UM study crunches the numbers on Minneapolis foreclosures

February 22, 2009

Who’s getting hurt? UM study crunches the numbers on Minneapolis foreclosures | MinnPost

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Subprime lending dropped in ‘07, but people of color still bear the brunt of it (AFFIL Week)

February 11, 2009

Today marks the release of Changing Patterns XV, the fifteenth annual report on mortgage lending in Massachusetts that I’ve prepared for the Massachusetts Community and Banking Council.
Lots of high-cost subprime lenders bit the dust in 2007, so subprime lending fell dramatically that year.  In Massachusetts, there were 5,085 subprime home-purchase loans made, down from 14,639 [...]

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