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MONDAY, AUGUST 27, 2012

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HOMEOWNERS NEWS

ForeclosureGate.org Is A Public Service Homeowner Coalition and Cooperative, Created To Exchange News And Information And To Advance Justice For American Homeowners

School Launches Consumer Financial Transactions Clinic FGG EDITORS NOTE: American citizens will benefit if law students in other states participate in this type of community outreach and if all states properly designate foreclosure settlement funds to these programs. Determined organizers, groups, activists and volunteers, dedicated to homeowner justice, please begin working to implement and broaden these promising community programs-------------North Carolina received $338 million in the settlement of a national robo-signing lawsuit against the five largest mortgage loan servicers in the country. North Carolina Attorney General Roy Cooper authorized a portion of the proceeds to fund a student-staffed legal clinic at UNC School of Law to help low- and middle-income people.

Fannies Decoy Assignment a NEW Foreclosure Defense A Mandelman Matters Podcast with Atty. Tom Cox Portland Maine legal aid attorney Tom Cox came out of retirement to help homeowners facing foreclosure, stop foreclosure and get loans modified. His many years of experience as a banking lawyer made him confident that he could help homeowners. He has been in the trenches, representing homeowners since the early days

A Blueprint for Recovery >The feds wont do it, and neither will the banking industry Its an idea so crazy it just might work. It was born with a bunch of rich liberals with consciences who were demoralized at the state of the nation and of what they generally describe as the unwillingness of those with power (Wall Street and politicians backed by Wall Street) to help those who have none (a healthy percentage of everyone else)..

GOP in Compromise on Mortgage-Interest Deduction Allies of the real-estate industry on Tuesday succeeded in adding compromise language to the GOP platform supporting the mortgageinterest tax deduction, a day after they lost a fight on the issue. The overnight turnaround on the issue reflects the real-estate industrys continued lobbying clout.

Is That It for Financial Crisis Cases? When the story of the financial crisis is finally written, this may turn out to be the denouement of the governments investigations of Wall Street for potential wrongdoing that contributed to the financial crisis in 2008. In announcing the closing of the investigation, the Justice Department said that based on the law and evidence as they exist at this time, there is not a viable basis to bring.

The One Housing Solution Mortgage Refinancing

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Mass

Judicial States See High Share of Aging Past Due Loans In judicial states, nearly 60 percent of borrowers with loans in foreclosure have not made a payment in 2 years, whereas in non-judicial states, that percentage is at about 30 percent. Among those with loans 90 days or more past due, 50 percent of borrowers in judicial states have not made a payment in more than one.

MORE than four million Americans have lost their homes since the housing bubble began bursting six years ago. An additional 3.5 million homeowners are in the foreclosure process or are so delinquent on payments that they will be soon. With 13.5 million homeowners underwater they owe more than their home is now.

Tampa-based foreclosure server settles with state The office began a civil investigation of the company ProVest in the fall of 2010 following allegations of shoddy paperwork and incomplete service that may have left homeowners unaware that they were being foreclosed on.

Viral Video Helps Virginia Woman, Rain Burroughs, Save Her Home From Foreclosure Single mother Rain Burroughs and her daughter were a little more than three days away from losing their house to foreclosure unless they could come up with $13,000 in payments. But a community's quick action -- and a video that.

>>>>>>> Mortgage Seizure Via Eminent Domain For Community Stabilization Debate And News Updated Daily http://paper.li/EmDomainDebate/1342319964

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