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Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 States - Bloomberg
Sat, 04 Feb 2012 00:19:50 GMT

Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 States
Bloomberg
... yesterday sued Bank of America, based in Charlotte, North Carolina, New York- based JPMorgan and Wells Fargo & Co. (WFC) in state court in Brooklyn over the use of a national mortgage database that the state claims led to improper foreclosures.
JPMorgan, BofA Sued by New York Over Use of Mortgage DatabaseBusinessWeek
New York takes on big banksColumbus Dispatch

all 359 news articles »

Foreclosure Accord Said to Ensure Same Terms for All 50 States - BusinessWeek
Sat, 04 Feb 2012 05:35:58 GMT

Foreclosure Accord Said to Ensure Same Terms for All 50 States
BusinessWeek
... yesterday sued Bank of America, based in Charlotte, North Carolina, New York- based JPMorgan and Wells Fargo & Co. in state court in Brooklyn over the use of a national mortgage database that the state claims led to improper foreclosures.

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NYT Bombshell: Fannie Mae Knew About Foreclosure Fraud for a Decade - Firedoglake
Sun, 05 Feb 2012 18:49:23 GMT

NYT Bombshell: Fannie Mae Knew About Foreclosure Fraud for a Decade
Firedoglake
The monitoring of this would be led by North Carolina banking commissioner Joseph Smith, and it would include an element of self-policing through quarterly reports by the banks, and a committee structure that could bog down enforcement actions for ...

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Foreclosure Deal Would Give States Future Authority To Punish Firms - Huffington Post
Wed, 01 Feb 2012 19:04:09 GMT

Daily News Corner

Foreclosure Deal Would Give States Future Authority To Punish Firms
Huffington Post
Joseph Smith, the banking commissioner in North Carolina, is expected to serve as the monitor on the settlement, people familiar with the matter told Reuters on Monday. Negotiations between state and federal officials to resolve allegations of ...
Exclusive: Mortgage deal would give states enforcement cloutChicago Tribune

all 37 news articles »

Foreclosure Crisis: The Twisted World Of Mortgage Lender Error - Huffington Post
Fri, 27 Jan 2012 17:24:16 GMT

Moneycontrol.com

Foreclosure Crisis: The Twisted World Of Mortgage Lender Error
Huffington Post
"But I came home one day and there was a foreclosure notice on my door and a sign in my yard. I called constantly, but it was as if the dots were not connecting." A North Carolina clerk of court recently dismissed the foreclosure on grounds that GMAC ...
Analysis: Banks expect to spend less on bad mortgagesReuters

all 45 news articles »

Fannie Mae tries partnerships with investors to sell foreclosures - Sun-Sentinel
Fri, 03 Feb 2012 23:23:15 GMT

Fannie Mae tries partnerships with investors to sell foreclosures
Sun-Sentinel
It will be difficult for private-equity funds to generate high returns renting foreclosures because of the complexity and cost of managing single-family houses, said Judi Levinson, who owns 52 rental homes in Henderson County, North Carolina, ...

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Bank of America, JPMorgan Chase, Wells Fargo Sued by New York Over MERS - Bloomberg
Fri, 03 Feb 2012 17:35:32 GMT

Bank of America, JPMorgan Chase, Wells Fargo Sued by New York Over MERS
Bloomberg
Reviewing Complaint Rick Simon, a spokesman for Charlotte, North Carolina-based Bank of America, and Tom Kelly, a spokesman for New York-based JPMorgan, declined to comment on the suit. Tom Goyda, a spokesman for San Francisco-based Wells Fargo, ...

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Report: Area offered steep discounts on foreclosures in 2011 - Winston-Salem Journal
Thu, 26 Jan 2012 05:15:06 GMT

Chicago Tribune

Report: Area offered steep discounts on foreclosures in 2011
Winston-Salem Journal
Foreclosures represented 11.7 percent of all home sales in the Winston-Salem MSA — the highest percentage of North Carolina's seven MSAs. The average foreclosure sale price of $112008 also was the lowest of the seven metros.
Foreclosure Properties Decline to 20% of Home Purchases in USBusinessWeek
Foreclosure Homes Account for 20 Percent of All US Residential Sales in Q3 ...MarketWatch (press release)

all 392 news articles »

California's Solo Mortgage Probe Complicated by 2008 Deal - Bloomberg
Fri, 03 Feb 2012 14:57:39 GMT

California's Solo Mortgage Probe Complicated by 2008 Deal
Bloomberg
... nation in foreclosure filings for housing units, has described as “inadequate” the proposed settlement state and federal officials have been negotiating for more than a year with Charlotte, North Carolina-based Bank of America, JPMorgan Chase & Co.

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Foreclosures Decline Might be Short-Lived - LoanSafe
Thu, 12 Jan 2012 16:56:42 GMT

Foreclosures Decline Might be Short-Lived
LoanSafe
by Alex Ferreras on January 12, 2012 in Real Estate (Source: Richard Craver Winston Salem Journal, NC) – Foreclosure filings hit a four-year low in the Winston-Salem metropolitan statistical area during 2011, according to a report set for release today ...

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