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Tag Archives: homeowners

Mortgages increase, as do loans in foreclosure

The number of mortgages, especially prime fixed loans, increased to record levels during the fourth quarter of 2010 according to a report released Thursday by the Mortgage Bankers Association. But loans in foreclosure increased to 4.63 percent during the quarter, ...

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Senate panel takes up MERS bill, others

ANNAPOLIS — An influential Senate committee heard testimony from homeowners’ and lenders’ attorneys Wednesday on three bills designed to make it easier for borrowers facing foreclosure to discover who owns their loans before it is too late. One of the ...

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Homeowners say they are owed $25M for fees by Anne Arundel County

Anne Arundel County and several thousand homeowners remain $17 million apart on the amount of money they believe the county owes in refunds and interest for impact fees collected between 1988 and 1996 but not spent or under contract. The ...

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Where fewer foreclosures are now bad for business

CAPE CORAL, Fla. — Across the nation, troubled homeowners have cheered the news that some banks are slowing the foreclosure process to review questionable documents. Then there are places like Lee County, Fla., where not everyone is applauding. Foreclosures became ...

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More than half exit Obama foreclosure-relief program

WASHINGTON — More than half of homeowners who enrolled in the Obama administration’s flagship foreclosure-prevention effort have fallen out of the program, and fewer borrowers are enrolling. The Treasury Department says about 680,000 homeowners who applied to get their mortgage ...

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Nearly 50 percent leave Obama mortgage-aid program

WASHINGTON — Nearly half of the homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out. A new report issued Friday by the Treasury Department said that approximately 630,000 people who had tried to get their monthly ...

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