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Tag Archives: Missouri

Settlement Money Moving Slowly

USA Foreclosures 101
settlement money

This past February (2012) the state attorneys general from 49 states reached a historic settlement with five major U.S. housing lenders (Bank of America, Citigroup, GMAC, J.P. Morgan Chase, and Wells Fargo) that would provide some $25 billion in relief to underwater homeowners and those who already lost their homes due to foreclosure. Yet more than two months later, most of that money has not even begun to go out, according to a story published … Continue reading →

Posted in Foreclosure News, USA Foreclosure | Tagged affordable housing, Bank of America, Citigroup, financial assistance, foreclosure, GMAC, J.P. Morgan Chase, Missouri, New Hampshire, Wells Fargo, Wisconsin | Leave a reply

The Government’s Continued Culpability In Foreclosure Mess

USA Foreclosures 101
Foreclosure

Check your favorite news feed about stories on foreclosures in the US and you will most likely see the vast majority focusing on bank practices and illegal foreclosure proceedings. That’s likely to be fueled even more by the HUD report released yesterday indicating alleged widespread fraudulent activity among many of the nation’s largest mortgage lenders. That report is suspect to begin with, but even so, we still are not hearing a whole lot about the … Continue reading →

Posted in Foreclosure Problems, Foreclosure Report, USA Foreclosure | Tagged foreclosure, foreclosure mess, foreclosure proceedings, foreclosures, hud report, Missouri | Leave a reply
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US Foreclosures Recent Updates

  • Wells Fargo Announces New Housing Assistance Program
  • Short Sales Gain In January And February 2012
  • Short Sales Being Streamlined by Bank of America
  • Settlement Money Moving Slowly
  • New Yorkers Warned Of Foreclosure Settlement Scam

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