Housing Counselors Waging War Against Foreclosures

Housing conselors sit every day with people needing help to solve their foreclosure problem on a non-profit basis. Sometimes they just have to say that there is no way, but sometimes they have the right options and help people to explain the lenders that these people need to...

Atlantic Yards, Shadow Government, and Albany Frozen in Amber

October 14th. The big chill was early, even for Albany. A press conference was being held in the park across from the New York Court of Appeals. The highest court in the state was set to hear Goldstein et al v. New York State Urban Development Corporation. The press...

Be Wary of Bank and Government Foreclosures Prevention Scams

Individuals and companies offering help to distressed homeowners to save their properties from bank and government foreclosures have been proliferating in the market as the federal government intensifies its foreclosure prevention programs."As the number of distressed...

US Foreclosure Prevention Program Launches

President Obama's foreclosure prevention program comes into effect today. You can visit hud.gov for the details, as well as a quick self-assessment form. The plan is meant to help struggling homeowners refinance...

HUD Secretary Talks About Foreclosure

More and more homeowners are becoming victim to the foreclosure crisis. About 10 percent of homeowners fall behind on mortgage and are on the verge of losing their home. They need every help available especially...

Florida Approved Foreclosure Fraud Bill

Fraudulent foreclosure rescue service providers are sweeping the country, preying on unsuspecting and vulnerable homeowners who are facing the threat of foreclosure. Scammers promised struggling homeowners that they will help in saving their properties. After they have won...

Obama Named New York Housing Commissioner to Head HUD

President-elect Barack Obama on Saturday said that he has picked New York housing official Shaun Donovan as Secretary of Housing and Urban Development, calling the job essential to restoring the economy.Mr. Obama...

$153 Million Aid for Georgia’s Foreclosed Properties

The U.S. Department of Housing and Urban Development’s (HUD) Neighborhood Stabilization Program (NSP) will provide Georgia with $153 million funds to purchase foreclosed homes, repair and then sell or rent them. The amount is part of the U.S. government’s $700 billion...

$22 Million Aid for Washington Region’s Foreclosed Properties

In July 2008, the U.S. Congress passed a housing bill that would provide $3.92 billion to help rehabilitate foreclosed and vacant properties. Included in the bill are $22 million grants for Maryland, Virginia and Washington, D.C. and counties of Prince George’s and Prince...

The Mortgage Mess Lawsuit: Countrywide and Miles High

As 2008 opened wide, predictions were made by seers of all stripes. Britney and Hillary would triumph/implode. Pakistan would stabilize/explode. The housing market would rebound/erode. Predictions re the latter tended to focus on nuts, bolts, and bailouts. As in-- Bernanke...

HUD Visited By the Ghost of Christmas Emails

Even Ebenezer Scrooge had an awakening. This Week’s Top Scrooge - November 10, 2007 Although it took the visits of three ghosts for Scrooge to change from his miserly and anti-Christmas ways, it...

The Bush Subprime Bailout: Limited Surge or Taxpayer Quagmire?

Ick! The Ownership Society of crap mortgage lending that President Bush pushed so assiduously has gone and done an Iraq on the carpet. Attention taxpayers and homebuyers dumb enough to save for real down-payments. The roar you hear at the door is Dubya with a wallet-sucking...

Mortgage Fraud Addicts of the Empire State

Poor mortgage fraud. It still doesn't get the big eyeball. What does a white collar crime have to do to get real paparazzi action? Sleep with an A list celeb and become rehab material? OK. If that's what it takes here goes: according to the FBI, mortgage fraud is hooked up...

Jersey Ham ala Sharpe James, Redevelopment Scams on the Side

Listen up kiddies, summer doesn't mean down time when it come to corruption in Jersey. See Newark. The largest city in the state. Still deeply troubled after all these years. In mid July, X Mayor Sharpe James of Newark did the full perp walk courtesy of U.S. Attorney...

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