Wednesday, March 28, 2012

Foreclosure deal

  • In February, JPMorgan Chase donated a home to an Iraq war veteran in Bucoda, Wash., and Bank of America waived the $140,000 debt that a Florida man still owed after the sale of his foreclosed home.
  • (New York Times)
  • In February, JPMorgan Chase donated a home to an Iraq war veteran in Bucoda, Wash., and Bank of America waived the $140,000 debt that a Florida man still owed after the sale of his foreclosed home.
  • (Huffington Post)
  • Reporting from Washington and Los Angeles — Homeowners more deeply underwater on mortgages handled by five major U.S. banking firms are prime candidates for getting help from a $25-billion nationwide settlement over alleged foreclosure abuses.
  • (Los Angeles Times)
  • But homes by the hundreds faced foreclosure during 2011 in Antioch and a few neighboring ZIP codes, creating potential opportunities for deal hunters. And if predictions hold up, there will be no shortage of deals in 2012.
  • (Nashville Tennessean)
  • (CBS/AP) The landmark foreclosure deal reached last month was filed in federal court Monday, and state governments are already planning how theyll use the money. Unfortunately, it wont all be going to distressed homeowners.
  • (CBS News)
  • After years of incompetence, intransigence, malevolence and whatever else may explain how mortgage companies have managed to screw over millions of troubled American homeowners, a fix is finally at hand.
  • (Huffington Post)
  • March 16 (Bloomberg) -- Attorney Lynn Szymoniak had spent a career investigating insurance fraud when a bank moved to foreclose on her Florida home in 2008.
  • (Washington Post)
  • Foreclosure Short Sales is usually a term which is thrown around a good deal nowadays but, for your common house purchaser, the expression is often confusing.
  • (LJWORLD)

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