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US, Banks Agree on $26B Foreclosure Pact
09 Feb 2012
Government officials finalized an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders. ...
Mass. expected to join US mortgage deal
09 Feb 2012
BOSTON -- Massachusetts is expected to join a proposed settlement between U.S. states and the nation's largest mortgage lenders over abuses in the foreclosure process. ...
NY, Calif. Join Mortgage Settlement
08 Feb 2012
New York and California have agreed to sign the proposed settlement between U.S. states and the nation's biggest mortgage lenders over foreclosure abuses, according to a source close to the negotiations. ...
Wisconsin boy, 12, saves…
08 Feb 2012
…still recovering from Hurricane Katrina, MyFoxWausau.com reports. So when he heard his grandmother could lose her home to foreclosure, he turned to his website to help raise money by posting her story. In just a few weeks, Noah raised over $10,000… ...
More States Agree to Foreclosure Deal
07 Feb 2012
…Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit… ...
Mass. may take part in foreclosure deal
07 Feb 2012
BOSTON – Massachusetts is considering participating in a nationwide settlement over foreclosure abuse. ...
States Get Settlements Over Forclosures
06 Feb 2012
More than 40 states have signed on to a broad settlement with five big banks over foreclosure practices, according to the attorney general for Iowa late Monday. ...
Survey: Miami most miserable city in US
06 Feb 2012
…like Mardi Gras," but according to Forbes.com, Miami is the most miserable in the country. Forbes surveyed 200 of the nation's largest metro areas rating them on things like violent crime, unemployment rates and foreclosures. ...
Analysis: Few Options For Romney Rivals
05 Feb 2012
…immense wealth, struck a sour note — particularly as he campaigned into Nevada, which has the highest unemployment and home foreclosure rate in the country. Romney attempted to clarify his remark later, saying he "misspoke." But Gingrich has already used… ...
AG to mortgage giants: Aid homeowners
03 Feb 2012
…the Federal Housing Finance Agency, Coakley said the agency should also allow for principal forgiveness to help prevent foreclosures. Coakley said adopting the changes could help stabilize the nation's housing market and give a boost to the wider economy… ...
America's economy in 2012 is…
02 Feb 2012
…improve much further without existing homes prices rising; however, those continue to decline or stagnate and millions of foreclosures will keep the market oversupplied for several years. In 2012, residential construction will improve by about 10 percent… ...
31 Jan 2012
…economy was their top issue. Nearly nine in 10 said they were falling behind or just keeping up. And half said that home foreclosures have been a major problem in their communities. The winner-take-all primary was worth 50 Republican National Convention… ...
Romney Sounds Presumptive GOP Pick
31 Jan 2012
…federally backed mortgage giant that played a significant role in the housing crisis, in a state that has one of the highest foreclosure rates in the nation. Romney and his allies pummeled Gingrich on the airwaves, spending at least a combined $15 million… ...
Women Abandon Gingrich In Florida
31 Jan 2012
…with Romney who said they are falling behind economically. And Gingrich did better among the half of voters who said home foreclosures are a major problem in their communities than he did among those who said it wasn't so bad. The exit poll also showed… ...
A Different Romney, A Different…
31 Jan 2012
…worst in America for foreclosures. There were warning…
…with a big jump in foreclosures from the year before. Thirty thousand foreclosures that month seemed like…
…January 2009, the Florida foreclosure rate had jumped by more…
...
White House Expands Mortgage Assistance
27 Jan 2012
…more aggressively reduce borrowers' loan balances. The changes represent the latest overhaul of the administration's foreclosure prevention efforts, which President Barack Obama launched three years ago. The administration has fallen far short of its… ...
Romney Takes on Gingrich at Debate
27 Jan 2012
…by a comfortable margin of 37 percent to 28 percent. On the topic of housing, with Florida having one of the highest foreclosure rates in the country, Gingrich used the moment to attack Romney for holding stock in Fannie Mae and Freddie Mac. "How… ...
Mortgage deal draws detractors…
27 Jan 2012
…between states and mortgage companies that would let the nation's biggest banks pay out billions to compensate for a raft of foreclosures has public interest groups across the political spectrum hopping mad over a deal they say was forged behind closed doors… ...
Romney Continues Gingrich Attacks
24 Jan 2012
…delivered his remarks in front a home in foreclosure. The afternoon event was a pivot from…
…Freddie Mac; Romney has been tying the foreclosure mess to Gingrich's work with the mortgage…
…a lot of homes coming in that are in foreclosure or in trouble and the other is with…
...
The State of the Union 2012 --…
24 Jan 2012
…in the unemployment rate of 8.5 % (the new normal) and expanded payrolls. Missing in his report will be the housing and foreclosure crisis that still looms large over our nation and where Obama’s tinkering with programs and mortgages have actually prolonged… ...
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Mass. expected to join US mortgage deal
BOSTON -- Massachusetts is expected to join a proposed settlement between U.S. states and the nation's largest mortgage lenders over abuses in the foreclosure process.
“…the settlement today with five major banks and their role in the foreclosure -- so clear that have been negotiating days with the lenders. As one of only a few days they've yet to agree to the settlement which is reportedly worth between 25 and thirty billion dollar. It will go toward lowering -- homeowners mortgage balance this loan refinancing for a recount. And cash payment of about 2000 dollars to those who lost their property through improperly conducted foreclosure. . …”
Mass. may take part in foreclosure deal
BOSTON – Massachusetts is considering participating in a nationwide settlement over foreclosure abuse.
“…out and -- about 2000 dollars to people who lost homes to foreclosure. . And amber after that AG Martha Coakley in the five banks for fraudulent mortgage -- as you would -- elements. Let's turn …”
Survey: Miami most miserable city in US
Will Smith rapped "it's the city where every day is like Mardi Gras," but according to Forbes.com, Miami is the most miserable in the country. Forbes surveyed 200 of the nation's largest metro areas rating them on things like violent crime, unemployment rates and foreclosures .
“…metro area. Rain -- on things like violent crime unemployment rates and foreclosures in Miami took the number one spot. Write me again and number two Clinton again ranks third west palm Florida and Sacramento …”
Foreclosure is discussed this morning
John Mcgeough and Anthony Lammacchia of Mcgeough Lamacchia Realty joined us this morning.
“…year bringing new -- to stabilize housing market but. Roller coaster of foreclosures could still be a problem now joined by John video and Italy a lot yet morning you know -- book deal and travel. Yeah -- off with on it to exits offer perspective your career twenty and it's when he allowed -- total home sales down 4% eight foreclosure nail down twelve present you they more than a year and they'll -- not present it can be a lot more here …”
“…becoming more popular and people a look at looking at them. Good foreclosure alternative because that's what they are and foreclosures will be out because there -- those will increase because the robo signing getting further away and a lot of that it worked out and they -- Begin to move on to foreclosures -- good morning. …”
“…your home it's your neighbor it where there are a lot of foreclosures up. You know we -- and eighties we talked about earlier there actually apply the principles of economics Laura want her to …”
“…regret killing after the -- what's at how lenient. Fordham backlog of foreclosures after. All it's a -- foreclosures and went in and almost a year. Over year some type of government or state intervention. Or that does take place we imagine some of it well you'll have prolong and of the foreclosure sacked -- we'll probably have a -- amount foreclosures. . As last year -- a -- and it really to and lot of damage but we know that have to mitigate a …”
State denies benefits for cop's widow
UNDERCOVER - The widow of an honored Boston police officer is fighting the state for accidental death benefits 13 years after her husband died.
“…home in her husband not a neighbor purchased the house -- a foreclosure and and agreed to rented back to work. …”
Manage Your Money: Mass. Housing Market
Barry Armstrong, financial planner with Securities America and host of WRKO's "Lunch Money”, joined FOX 25 Morning News to discuss the current state of the Massachusetts housing market and what to expect in 2012.
“…at a money what do what about. Much of a drain the foreclosure. . Market and there still another -- of those get out the area and another big problem about another half. Half million -- That are delinquent. Couple million are gonna going to foreclosure in the very short term. So as result when you look at how you heard cracking at it where it will get …”
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