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News Headlines - foreclosure

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Advocates urge RI to extend foreclosure protection for homeowners
The Providence Journal
PROVIDENCE — Attorney General Peter F. Kilmartin joined housing advocates — as well as the mayors of Providence, Pawtucket and Warwick — on Monday to urge the General Assembly to extend the state's Foreclosure Mediation Act, set to expire on July ...

WPRI 12 Eyewitness News

Lawmakers seek to extend protections for homeowners facing foreclosure
WPRI 12 Eyewitness News
PROVIDENCE, R.I. (WPRI) - Rhode Island lawmakers are considering an extension of a 2013 law that was passed in an effort to help protect homeowners facing foreclosure. Attorney General Peter Kilmartin is championing the legislation. "Mortgage ...

Wichita Eagle

Thunderbird Tactical gun range closed less than a week after bank seeks foreclosure
Wichita Eagle
Less than a week after a bank sought to foreclosure on Thunderbird Tactical, the Wichita firearms shop and indoor shooting range is closed. Ryan and Jennifer Pennock, in a Facebook post this weekend, said they made the decision to close their business ...

Homeowners may sue Fannie Mae over foreclosure reporting - ruling
Housing finance giant Fannie Mae must face a proposed class action accusing it of violating California and federal law by falsely reporting that consumers' homes were foreclosed on, a federal judge in San Francisco ruled. In a decision on Friday, U.S ...

Corpus Christi Caller-Times

Residents at Taft apartments facing foreclosure speak out
Corpus Christi Caller-Times
Residents at the Rincon Point Apartments in Taft are facing eviction for the second time in a year. The non-profit company that manages the company owes the state more than $30,000, which they have demanded be paid in full by May 30, or the state will ...

Orlando Sentinel

Fewer Orlando homes in foreclosure, once again
Orlando Sentinel
Metro Orlando's drop in foreclosures continues, with 8 percent fewer filings in April than a month earlier and 35 percent fewer than a year earlier. Orange County led the way with a 46 percent decrease year-over-year, according to data compiled by real ...

JD Supra (press release)

Reverse Mortgage Update: New York Law Mandates New Foreclosure Notices and Certificate of Merit
JD Supra (press release)
New York has signed into law an amendment redefining a reverse mortgage as a “home loan.” With this amendment, statutory pre-foreclosure ninety day notices (RPAPL 1304) and a “certificate of merit” (CPLR 3012-b) will be required in all New York reverse ...

Turn to 10

Bill would retain protections for people facing foreclosure
Turn to 10
They want lawmakers to pass legislation to repeal the July 1 sunset on the state's foreclosure mediation act, which ensures that homeowners who can't pay their mortgage can meet with their lender and mediator to review options for staying in the home.

Corpus Christi Caller-Times

Taft apartment complex damaged by Hurricane Harvey faces foreclosure
Corpus Christi Caller-Times
Julius Lopez, 1, plays in his four-bedroom apartment at the Rincon Point Apartments on Monday, May 21, 2018. Their family of nine is unsure of what will happen due to the pending foreclosure on their property. by Taboola by Taboola. AD CONTENT.

Experian reveals the 5 states with the lowest foreclosure rates
Although issues with low inventory and fast-growing home prices still abound, the market has greatly improved since the housing bubble in 2006, and the latest foreclosure rates prove it. In 2017, residential home foreclosures fell 27 percent to 676,525 ...

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