Foreclosure

Texas Property Relief Offers Immediate Solutions to Houston Homeowners

Retrieved on: 
Friday, June 4, 2021
United States housing bubble, Mortgage, Foreclosure, Real property law, Urban decay, Owner-occupancy, Real estate, Property, Land law

SEABROOK, Texas, June 4, 2021 /PRNewswire/ --Texas Property Relief provides financial reliefto homeowners who desire to sell their homes and require immediate solutions.

Key Points: 
  • SEABROOK, Texas, June 4, 2021 /PRNewswire/ --Texas Property Relief provides financial reliefto homeowners who desire to sell their homes and require immediate solutions.
  • Texas Property Relief is prepared to offer cash for houses in Houston .
  • Foreclosure, unwanted rental property, vacant property, or if the client is facing tough situations like a divorce or little-none equity, Texas Property Relief can help.
  • Upon settling the sale, Texas Property Relief is responsible for paying the closing costs and repairs.

Main Street Alliance launches awareness campaign about California Clearinghouse lender forcing borrowers and community redevelopment projects into foreclosures and bankruptcy during pandemic

Retrieved on: 
Wednesday, June 2, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, The Borrowers, Real estate, Land law, Articles

Clearinghouse refuses to directly discuss any possible settlements or resolutions and forced borrowers to communicate only via multiple attorneys which has the effect of exhausting borrowers financially.

Key Points: 
  • Clearinghouse refuses to directly discuss any possible settlements or resolutions and forced borrowers to communicate only via multiple attorneys which has the effect of exhausting borrowers financially.
  • MSA reports that senior management refusesto communicate directly with borrowers, Clearinghouse Board of Directors has been disinterested in discussing any resolution.
  • Board Chairman Gary Dunn, formerly with Banc of California, apparently has no interest in holding Clearinghouse accountable for social responsibility, adds Rick Ramirez.
  • MSA asks them to demand that their funds not be used for the purpose of derailing community projects and forcing borrowers into receiverships, foreclosures, and bankruptcy.

Zombie Foreclosures Increase 21 Percent Across Nation In Second Quarter Of 2021

Retrieved on: 
Thursday, May 27, 2021
Articles, Mortgage, Culture, United States housing bubble, Foreclosure, Real property law, Urban decay, Zombie

The report reveals that 223,671 properties are in the process of foreclosure in the second quarter of this year, up 27.5 percent from the first quarter of 2021 but still down 13.3 percent from the second quarter of 2020.

Key Points: 
  • The report reveals that 223,671 properties are in the process of foreclosure in the second quarter of this year, up 27.5 percent from the first quarter of 2021 but still down 13.3 percent from the second quarter of 2020.
  • The number of pre-foreclosure homes or Zombie homes sitting empty (8,078 in the second quarter of 2021) was up both quarterly, by 21 percent, and annually, by 5.6 percent.
  • The portion of pre-foreclosure properties that have been abandoned into zombie status dropped slightly, from 3.8 percent in the first quarter of 2021 to 3.6 percent in the second quarter of 2021.
  • Among the nation's total stock of 99 million residential properties, the portion represented by zombie properties remains miniscule, but has grown slightly in the second quarter of 2021.

Trustee Sale Reversal is Not Impossible, Proven by the Nonprofit Alliance of Consumer Advocates With Yet Another Success Story

Retrieved on: 
Friday, May 21, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, Real estate, Land law, Articles

Eventually, the foreclosure process took her home after her lender had denied her assistance.\nFortunately, she contacted the Nonprofit Alliance of Consumer Advocates who told her that Trustee Sale Reversals are very rare, complex, and are time-sensitive but not impossible, even when they sell to 3rd party bidders.

Key Points: 
  • Eventually, the foreclosure process took her home after her lender had denied her assistance.\nFortunately, she contacted the Nonprofit Alliance of Consumer Advocates who told her that Trustee Sale Reversals are very rare, complex, and are time-sensitive but not impossible, even when they sell to 3rd party bidders.
  • Starting with immediately engaging with Consumer Defense Law Group, LLC owned and operated by Attorney Anthony Cara who has successfully reversed many Trustee Sales for clients that have been referred by the Nonprofit Alliance of Consumer Advocates.
  • Consumer Defense Law Group has an A+ BBB rating has more than a 95% success rate in reaching settlement agreements for clients against lenders who previously refused to assist homeowners.
  • If you or anyone you know are in danger or have been foreclosed upon, contact the Nonprofit Alliance of Consumer Advocates.

Legal Service of Process Leader ProVest Celebrates 30th Anniversary

Retrieved on: 
Wednesday, May 19, 2021
Money, Finance, Mortgage, United States housing bubble, Loans, Foreclosure, Real property law, Urban decay, Mortgage loan, Economy

b'TAMPA, Fla., May 19, 2021 /PRNewswire/ --ProVest, an industry leader in serving legal process, is celebrating its 30th anniversary.

Key Points: 
  • b'TAMPA, Fla., May 19, 2021 /PRNewswire/ --ProVest, an industry leader in serving legal process, is celebrating its 30th anniversary.
  • We are grateful to our mortgage foreclosure and creditors rights clients for putting their trust in ProVest for 30 years.
  • "\nFounded in 1991, in Tampa, Florida, ProVest plays a critical role by ensuring that defendants in a legal action have been properly served process, thus helping to protect their constitutional rights.
  • ProVest specializes in managing the service of process related to creditors\' rights and mortgage defaults.

Nationwide Default Services Legal Firm Announces Chris Pummill as President of Operations

Retrieved on: 
Thursday, May 13, 2021
Money, Finance, Economy, Loans, United States housing bubble, Mortgage, Foreclosure, Real property law, Urban decay, Mortgage loan, Default

Pummill has over 30 years of mortgage default experience, specializing in the management of non-judicial foreclosures in multiple states.

Key Points: 
  • Pummill has over 30 years of mortgage default experience, specializing in the management of non-judicial foreclosures in multiple states.
  • In 2007 she was hired as President of Ndex West,LLC, a new trustee, and quickly built a nationally recognized leader of non-judicial default services.\n"I am excited to join the Activist Legal team," said Ms. Pummill.
  • "\nAbout Activist Legal:Activist Legal is a nontraditional law firm that facilitates default legal services for non-performing loans and assets.
  • Activist Legal provides services directly in the District of Columbia and through relationships with co-counsel in all 50 states, plus Puerto Rico.

Home Equity Continues Growing In U.S. During First Quarter Of 2021 As Market Remains Resistant To Pandemic

Retrieved on: 
Thursday, May 13, 2021
Finance, United States housing bubble, Money, Personal finance, Corporate finance, Mortgage, Foreclosure, Real property law, Urban decay, Home equity, Equity

Those buyers have been chasing a declining supply of properties for sale, resulting in soaring values.\n"It continues to be a great time to be a homeowner most everywhere in the country.

Key Points: 
  • Those buyers have been chasing a declining supply of properties for sale, resulting in soaring values.\n"It continues to be a great time to be a homeowner most everywhere in the country.
  • "However, that may shift once the foreclosure moratorium is lifted and that\'s something we\'re watching, partly because it could limit equity gains and draw people underwater.
  • For now, though, the equity picture remains one of many signs that the long U.S. housing market boom keeps charging ahead.
  • The ATTOM Data Solutions Home Equity and Underwater report has been updated and modified to better reflect a housing market focused on the traditional home buying process.

U.S. Foreclosure Activity Declines As Government Moratorium Passes One-Year Mark

Retrieved on: 
Tuesday, May 11, 2021
Mortgage, United States housing bubble, Finance, Money, Economy, Foreclosure, Real property law, Urban decay, Mortgage servicer, Forbearance, Mortgage loan, CARES Act

"Coupled with the CARES Act mortgage forbearance program, the government and mortgage servicing industry have worked together exceptionally well to prevent millions of unnecessary foreclosures.

Key Points: 
  • "Coupled with the CARES Act mortgage forbearance program, the government and mortgage servicing industry have worked together exceptionally well to prevent millions of unnecessary foreclosures.
  • "\nNationwide one in every 11,636 housing units had a foreclosure filing in April 2021.
  • Some foreclosure filings entered into the database during the quarter may have been recorded in the previous quarter.
  • The annual, midyear, quarterly and monthly reports all check if the same type of document was filed against a property previously.

Title Logics Corporation Announces the Formation of Title Bell Property Research Division

Retrieved on: 
Tuesday, May 11, 2021
Mortgage, Money, Finance, Foreclosure, Real property law, United States housing bubble, Urban decay, Real estate, Personal finance

Gathering personal information from the internet or elsewhere, they take over your identity and assume the role of property owner or claim to represent you.They file the necessary paperwork to transfer ownership of your property to themselves using forged signatures and fraudulent identification.

Key Points: 
  • Gathering personal information from the internet or elsewhere, they take over your identity and assume the role of property owner or claim to represent you.They file the necessary paperwork to transfer ownership of your property to themselves using forged signatures and fraudulent identification.
  • They then sell the home or borrow against the equity.You might not even know this has happened until a lender starts to send letters of foreclosure on your home due to failure to make payments.
  • "\nWhile property owners are not liable for these fraudulent activities, they can cause major headaches and cost you time or money for legal expenses.\nTitle Bell\'s Detecting and Monitoring System (DMS) was created to help protect properties and make life easier for homeowners without the worries of someone scamming their properties.
  • "\n'

Seasonal Slide: CoreLogic Reports U.S. Mortgage Delinquency Rates Level Off in February

Retrieved on: 
Tuesday, May 11, 2021
Professional services, Other Professional Services, Other Construction & Property, Residential Building & Real Estate, Insurance, Finance, Construction & Property, CoreLogic, Money, Finance, Mortgage, Economy, Foreclosure, Mortgage loan, the CoreLogic Consumer Housing Sentiment Study, CoreLogic, THE CORELOGIC CONSUMER HOUSING SENTIMENT STUDY, CORELOGIC

The slight (0.1 percentage point) increase over January 2021 marks the first uptick in month-to-month national delinquency since August 2020.\nTo gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency.

Key Points: 
  • The slight (0.1 percentage point) increase over January 2021 marks the first uptick in month-to-month national delinquency since August 2020.\nTo gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency.
  • For ongoing housing trends and data, visit the CoreLogic Insights Blog: www.corelogic.com/insights .\nThe data in The CoreLogic LPI report represents foreclosure and delinquency activity reported through February 2021.
  • The delinquency, transition and foreclosure rates are measured only against homes that have an outstanding mortgage.
  • For more information, please visit www.corelogic.com .\nCORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries.