Richmond seeks to enter housing market to counteract foreclosure … - San Jose Mercury News

Richmond seeks to enter housing market to counteract foreclosure …San Jose Mercury NewsRichmond city leaders have a new strategy to stop abandoned, foreclosed homes from infecting neighborhoods and creating blight: buy them, …and more »

Source:Richmond seeks to enter housing market to counteract foreclosure … - San Jose Mercury News

Cassidy: One woman's dream: new fund to help stop Silicon Valley … - San Jose Mercury News

Cassidy: One woman's dream: new fund to help stop Silicon Valley …San Jose Mercury News"We need to get together and help them, because when we help them, we can stop foreclosures and we can stabilize the economy." Tran knows something about …and more »

Source:Cassidy: One woman's dream: new fund to help stop Silicon Valley … - [...]

Calif. lawmaker seeks help for hardest-hit regions - San Jose Mercury News

Calif. lawmaker seeks help for hardest-hit regionsSan Jose Mercury News,  USAThe federal government wanted to ensure the town hadn't misstated how many people were losing their homes through foreclosure. "(They) called to see if we had made a mistake in our application," Mayor Tommy Jones said. "We didn't. …Congress, please do more than listen Modesto [...]

Foreclosure mediation rules being devloped - San Jose Mercury News

Foreclosure mediation rules being devlopedSan Jose Mercury News,  USAA new Nevada law requiring lenders to meet with homeowners in danger of foreclosure is expected to create numerous requests for mediation. The Nevada Supreme Court, which is drawing up rules for the mediation sessions, held the first of two public …

Source:Foreclosure mediation rules being devloped - [...]

Foreclosures rising in Santa Clara County - San Jose Mercury News

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Foreclosures rising in Santa Clara CountySan Jose Mercury News,  USABy Sue McAllister Foreclosures increased sharply in Silicon Valley last month, according to a report released Tuesday, and some experts said they are likely to keep climbing despite widespread efforts to keep people from losing their homes. …Lenders 'doing everything possible to delay foreclosure' Los Angeles [...]

Voros: Foreclosure waves fed by `Hank's Choice" - San Jose Mercury News

Voros: Foreclosure waves fed by `Hank's Choice"San Jose Mercury News,  USABut the biggest obstacles to our economic recovery are a steady wave of foreclosures, causing historic home-value losses and nightmares for homeowners that show no end in sight. Last week RealtyTrac reported foreclosure activity nationwide increased by …

Source:Voros: Foreclosure waves fed by `Hank's Choice" - [...]

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 [...]