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Mortgage Foreclosure

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  1. Sponsored webinar: Strengthening the defences

    The advisory identifies red flags that indicate a loan modification or foreclosure rescue scam may warrant the filing of an SAR by a financial institution, and it requests that the financial institution include the specific term foreclosure rescue...

  2. New Consumer Protection PSAs Appear in Bing Search Ads

    Some of the keywords included in the PSA effort are: foreclosure rescue mortgage foreclosure fix my credit credit repair money transfer The FTC hosts the landing pages for credit repair and mortgage foreclosure while a landing page for avoiding...

  3. Search and Community Case Study at SES San Jose: NACA's Save the Dream

    The Obama administration just finished its meeting with mortgage servicers this week to get them to modify hundreds of thousands of home loans for Americans so borrowers can avoid foreclosure. Louis is the third stop on NACA's 10-city tour to help...

  4. US regulators turn their attention to negative equity

    The OTS says the proposals would lead to higher recoveries for lenders and investors than if loans went into foreclosure, and would incentivise borrowers to stay in their homes and remain current on their mortgage payments.

    Published
  5. A clearer picture

    Meanwhile, the Mortgage Bankers Association (MBA) national delinquency survey showed that foreclosure starts in Florida and California - two states that are high in the fraud rankings - accounted for 30% of the whole country, even though they only...

  6. An industry in search of a silver bullet

    Six of the largest servicers, accounting for half the mortgage market, together launched Project Lifeline - an effort to contact homeowners already 90 days or more delinquent with the offer of a possible pause in the foreclosure process.

    Published
  7. SEO Company CEO Arrested, Jailed: Accused of Foreclosure Scam

    Now Traffic Power's CEO is behind bars, jailed for allegedly running a housing foreclosure scam. Truswell interviewed Carolyn Ellsworth with the Nevada Secretary of State's office, who said at least sixty homeowners thought Marlon -- at times using...