Potter foreshadows plan to challenge foreclosure practices – The News Journal (blog)

Potter foreshadows plan to challenge foreclosure practices
The News Journal (blog)
There will surely be more on this in the coming weeks, but Wilmington City Councilman Charles Potter Jr. on Thursday previewed an ordinance he plans to introduce that would stop the city from foreclosing on homeowners that owe less than $ 10000 in taxes

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Lenders less leery of reducing homeowners’ principal – MyrtleBeachOnline.com

Lenders less leery of reducing homeowners' principal
MyrtleBeachOnline.com
Keep Your Home California's Principal Reduction Program, for example, benefits home owners who have experienced economic hardship, such as job loss, and who are delinquent on their loan payments or facing foreclosure. A borrower in that situation could

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Website offers advice for owners of time shares – Poughkeepsie Journal

Website offers advice for owners of time shares
Poughkeepsie Journal
Dear Benny — If a homeowner is behind on his mortgage payments at the time a lease-option closes, in the event of foreclosure what is the effect on the lessee/purchaser? Dear Debi — To some extent, it depends on your state laws.

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Bank’s no Ally for NY homeowners – New York Post

Bank's no Ally for NY homeowners
New York Post
By CATHERINE CURAN Two weeks ago, a Westchester family had finally reached the end of seven years in foreclosure hell. Then the plate tectonics of the massive bank that controls their fate shifted. Ally Financial, formerly GMAC, filed Chapter 11

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Mediation records kept sealed – Reno Gazette-Journal

Mediation records kept sealed
Reno Gazette-Journal
• Civil Rights for Seniors filed suit against the Nevada Foreclosure Mediation Program after their request was denied in June 2011. • Civil Rights for Seniors argued in court that the state punishes people for not negotiating foreclosure mediation,

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