Foreclosure Crisis

Foreclosure crisis: Federal Bailout Oversight Panel Raises Alarms During a recent hearing members of a congressional panel responsible for monitoring the government’s bailout programs gave alarm and frustration over the possible repercussions of the home foreclosure crisis. This hearing conducted by the bipartisan Congressional Oversight Panel was initially to examine the Treasury Department’s foreclosure prevention…

Continue Reading →

FORECLOSURES STOPPED IN 23 STATES – GMAC

FORECLOSURES STOPPED FINALLY! The Attorney General in Connecticut, Richard Blumenthal, is investigating GMAC Mortgage, which is one of the nation’s biggest servicers of home loans.  He claims that there are defective foreclosure documents. Foreclosures Stopped – Finally! around September 20, 2010. Connecticut’s Attorney General is insisting that GMAC Mortgage, which is a unit of Ally…

Continue Reading →

Foreclosure Solutions – Whats Happening for 2010-11-08

Where to get foreclosure help By Adva Saldinger – asaldinger@thesunnews.com Family Services, Inc. Homeownership Resourc.. http://dld.bz/5r2D # Unpaid taxes on foreclosure investments take toll The first time Josh and Casey Witter saw the house at 705 N. Walnut S.. http://dld.bz/5uvX # German naked short-sale ban on AP German lawmakers on Friday approved a government bill…

Continue Reading →