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Stop Foreclosures

More Homeowners in San Francisco Avoid Foreclosure

by Danny GibsonJune 2, 2010

More homeowners in San Francisco avoid foreclosure. In April this year, the percentage of distressed sales decreased to 29.5 percent, a substantial drop from 46.4 percent one year earlier.

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Home Foreclosure Prevention Efforts by East Bay Communities

by Danny GibsonDecember 23, 2009

Home foreclosure prevention efforts are being carried out by two large faith-based advocacy groups in Contra Costa, California.

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Foreclosed Home Prevention Stepped up by the U.S. Treasury

by Danny GibsonNovember 30, 2009

Foreclosed home prevention efforts have been stepped up by the Treasury Department as foreclosures continue to increase in many parts of the country.

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Bank Helps Elderly Avoid San Diego Foreclosed Homes for Sale

by Danny GibsonOctober 30, 2009

The Bank of America has been helping older people holding options adjustable rate mortgages (ARM) from losing their properties to San Diego foreclosed homes for sale.
The bank has adopted the reserve mortgage strategy. Industry experts explained that reverse mortgage is made available to older people in the form of equity loans. But senior homeowners do [...]

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Foreclosure Help Workshops for Distressed Homeowners

by Danny GibsonOctober 1, 2009

A series of foreclosure help workshops are being held across the country to help distressed borrowers meet and talk personally with investors and mortgage servicers of Hope Now alliance.
The government-sponsored enterprise, Federal Home Loan Mortgage Corp. of Freddie Mac has gone even farther in its effort to alleviate the effects of foreclosure by hiring Titanium [...]

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Group Helps Prevent Fort Lauderdale Foreclosure Homes for Sale

by Danny GibsonSeptember 30, 2009

If you ask some homeowners, the Association of Community Organizations for Reform Now or ACORN as it is popularly known, has helped many of them save their properties from Fort Lauderdale foreclosure homes for sale.
Some residents in Fort Lauderdale and Pompano Beach said that ACORN has done a good job in providing assistance to disenfranchised [...]

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Study: Programs to Contain Houses in Foreclosure in Jeopardy

by Anthony ParkerSeptember 30, 2009

The National Consumer Law Center (NCLC) has conducted a study of several state foreclosure mediation programs designed to control the growing number of houses in foreclosure. The study showed that the programs, which require conferences or mediations before homes could be placed on foreclosure sales, have an enormous potential to help troubled homeowners.
But the study [...]

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Stop Foreclosure Process, Brooklyn Judge Schack Often Says

by Danny GibsonSeptember 3, 2009

Stop foreclosure process has been the motto of New York Judge Arthur M. Schack, whose chambers are located in the State Supreme Court in Brooklyn.
Every week, Schack’s court processes foreclosure motions, but he has been rejecting many of them. He argues that he does not want to force out families [...]

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Proposal to Help Reduce the Number of Bank Foreclosed Houses

by Robert ShultzAugust 28, 2009

The residential real estate landscape in Miami Gardens, Florida is dotted with bank foreclosed houses. Driving along city neighborhoods, one could not fail to see bank foreclosed houses in various conditions, with some languishing on the market since last year.
These properties have become blights to neighborhoods, became favorite haven of criminals and pulled down values [...]

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Buying Troubled Loans to Avoid Bank Foreclosed House

by Anthony ParkerAugust 27, 2009

A partnership has been formed to help reduce the number of bank foreclosed home in Long Island, New York.
Investors led by Bedford Construction Group head James Vilardi plan to invest from $5 to $10 million to purchase about 50 troubled mortgages at bargain prices. The Long Island Housing Partnership will then try to reduce mortgage [...]

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