Bernero wants state to cut ties with banks not in foreclosure program
The Democratic gubernatorial candidate will announce today that he wants Michigan to pull out of its investments in Wall Street banks not participating in Michigan’s home foreclosure program.
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State foreclosure rate highest for Hispanics
LOS ANGELES (AP) — A nonprofit group says home loans taken out by Hispanics in California have been more likely to end in foreclosure. The report released Tuesday by the Center For Responsible Lending says almost half of all the state’s foreclosures between October 2006 and November 2009 involved Hispanic borrowers. Yet Hispanics comprise less than a third of the state’s borrowers between 2004 …
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Obama Administration Approves State Plans for $600 Million of ‘Hardest Hit Fund’ Foreclosure Prevention Assistance
RISMEDIA, August 5, 2010—State Housing Finance Agencies (HFAs) in North Carolina, Ohio, Oregon, Rhode Island and South Carolina can begin to use $600 million in foreclosure-prevention assistance from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing…
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Lee foreclosure rate third highest in state
Lee County had the third highest foreclosure rate in the state in June, according to a report released today by Irvine, Calif.-based RealtyTrac.
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Foreclosure-prevention attorney takes state regulatory job
A leader in foreclosure-prevention efforts in Maryland is moving to the state Department of Labor, Licensing and Regulation to oversee mortgage lenders, brokers, debt-management firms and check cashers.
Read more on Baltimore Sun
State foreclosure filings up in May
Foreclosure filings in Minnesota rose 7 percent in May from the same period a year ago, according to data released Thursday by California-based RealtyTrac in its monthly U.S. foreclosure market report.
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Foreclosure legislation stalled in state Senate
CLEVELAND — Republicans who control the Ohio Senate say the chamber won’t address the state’s foreclosure problem before the fall, a delay that rankles housing advocates and Democrats.
Read more on Coshocton Tribune
State lawmakers look to kill new conveyance tax on foreclosure sales
Three months after the state implemented a new tax on foreclosure sales of homes, Democratic and Republican lawmakers in Hartford hope to kill it before the session ends in early May.
Read more on Darien News-Review