California imposes 90-day foreclosure moratorium - San Jose Mercury News
California imposes 90-day foreclosure moratoriumSan Jose Mercury News, USACalifornia is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect Monday. The law is expected to make lenders try harder to keep borrowers in their homes. Loan companies must prove they tried to modify the delinquent …Mayor says NYC is doing [...]
2 men indicted in foreclosure scheme in Vegas - San Jose Mercury News
2 men indicted in foreclosure scheme in VegasSan Jose Mercury News, USAAP LAS VEGAS—Two men accused of operating a foreclosure rescue scheme have been indicted on theft charges in Las Vegas. William Vargas and Michael Sinclair were indicted Friday. Both face on four counts of theft by material misrepresentation and one …Two Las Vegas [...]
Mortgage Delinquencies, Foreclosures, Rates Increase - Bloomberg
ABC News
Mortgage Delinquencies, Foreclosures, Rates IncreaseBloombergBy Kathleen M. Howley May 28 (Bloomberg) — Mortgage delinquencies and foreclosures rose to records in the first quarter and home-loan rates jumped to the highest since March this week as the government's effort to fix the housing slump lost momentum. …More prime, fixed-rate mortgages heading into foreclosure San Jose [...]