Foreclosure prevention program about to begin (Honolulu Advertiser)

Against a backdrop of record low new-home sales and ballooning losses from foreclosures, Housing Secretary Shaun Donovan told lawmakers yesterday that the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week. Link to the original Article

Wells Fargo cuts performance rewards (San Francisco Chronicle)

Wells Fargo & Co. suspended its performance bonus policy for top executives, citing compensation limitations placed upon companies that received money under the Troubled Asset Relief Program, according to a regulatory filing on Friday. The San Francisco bank,…

TAMIU holds forum on foreclosure, housing (Laredo Morning Times)

If you’re facing a foreclosure mess, then get on the phone and contact your lender pronto. Link to the original Article

Valley credit union taking stand against foreclosure plan (ABC 15 Phoenix)

Click the play button on the video window to the see the story A Valley credit union is taking a stand against the foreclosure plan now being debated in Congress. Link to the original Article

Crowne Plaza developer faces foreclosure on second hotel (The Pantagraph)

NORMAL — The owner of the proposed Crowne Plaza hotel in north Normal has secured private financing for the project but now faces foreclosure on another Normal hotel. Link to the original Article

Atlanta ‘Extreme Home Makeover’ Home In Foreclosure Again (WSB-TV 2 Atlanta)

Channel 2 Action News consumer investigator Jim Strickland has learned that a metro Atlanta home featured on ABC’s “Extreme Home Makeover” is facing foreclosure for the second time in less than a year. Link to the original Article

Fighting Foreclosure in Frogtown and beyond (KARE 11 Minneapolis-St. Paul)

More federal help is coming to Minnesota to fight the foreclosure crisis.  The Minnesota Housing Finance Agency is getting millions Link to the original Article

Study: Mo. foreclosure laws test homeowners (St. Louis Post-Dispatch)

Interesting new study out this week from the National Consumer Law Center, which reviewed foreclosure laws in all 50 states and found that, in most places, they’re “tilted against homeowners,” and as a result are making the mortgage crisis worse by making it harder for people to keep their homes. Link to the original Article

HUD secretary, Congress debate foreclosure plans (Washington Post)

WASHINGTON — Against a backdrop of record-low new home sales and ballooning losses from foreclosures, Housing Secretary Shaun Donovan told lawmakers Thursday that the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week. Link to the original Article

HUD: Lenders ready to launch anti-foreclosure plan (The Cincinnati Enquirer)

Against a backdrop of record-low new-home sales, Housing Secretary Shaun Donovan told lawmakers the lending industry is set to launch the Obama administration’s $75 billion foreclosure-prevention program next week. Link to the original Article

« Previous Page — Next Page »