State’s foreclosure rate climbs to a 20-year high (Contra Costa Times)
January 23, 2008
Bay Area homeowners continued to feel the housing bust in the fourth quarter as foreclosure activity grew in most counties. Actual foreclosures reached a 20-year high in the state during the last quarter of 2007 as homeowners fell behind on their mortgage payments, a real estate research firm
AG proposes ‘rescue foreclosure’ scam legislation (BizJournals)
January 23, 2008
Attorney General Bill McCollum announced legislation aimed at fighting “rescue foreclosure” scams, and filed a lawsuit alleging South Florida-based National Foreclosure Management and multiple affiliates defrauded at least 80 homeowners out of about $1.7 million in home equity.
Report: Many More Will Lose Homes To Foreclosure (WCVB TheBostonChannel.com via Yahoo! News)
January 23, 2008
As a sure sign of the severity of the decline in the Massachusetts economy and housing market, foreclosures rose 150 percent in 2007 according to a report released Wednesday.
Bill would make foreclosure scams a felony (NBC 12 Richmond)
January 23, 2008
One bill from Delegate G. Glenn Oder of Newport News would make it a felony for people to participate in or service foreclosure rescues for profit. Scam artists sometimes con unwary homeowners into signing papers or relinquishing the deed to their home.
Florida attorney general sues foreclosure rescue firm (Sun-Sentinel)
January 23, 2008
Attorney General Bill McCollum has sued a South Florida-based foreclosure rescue company, alleging the firm defrauded dozens of homeowners, and is seeking legislation to strength protections for those facing foreclosure.
Foreclosure pinch more people (Inside Bay Area)
January 23, 2008
Bay Area homeowners continued to feel the housing bust as foreclosure activity doubled and tripled in most counties.
Lucas County to provide foreclosure assistance to families (WFMJ Youngstown)
January 22, 2008
TOLEDO, Ohio (AP) - Northwest Ohio’s Lucas County hopes to provide foreclosure assistance to working families, including a payment of up to $5,000 to prevent a foreclosure.
Florida attorney general sues foreclosure rescue firm (Sun-Sentinel)
January 22, 2008
Attorney General Bill McCollum has sued a South Florida-based foreclosure rescue company, alleging the firm defrauded dozens of homeowners, and is seeking legislation to strength protections for those facing foreclosure.
Bill would make foreclosure scams a felony (13 News, WVEC Hampton Roads)
January 22, 2008
RICHMOND, Va. (AP) — Lawmakers have introduced legislation that would crack down on foreclosure rescue scams. One bill from Delegate G. Glenn Oder of Newport News would make it a felony for people to participate in or service foreclosure rescues for profit.
Curlin Foreclosure Motion Denied (BloodHorse)
January 22, 2008
The current but clouded ownership of Horse of the Year Curlin remained unchanged following a hearing in a Kentucky state court Jan. 22, with a judge overruling a motion for foreclosure on the minority interest owned by jailed attorneys Shirley Cunningham Jr. and William Gallion.
