Foreclosure Listings

FTC Sues Lender Amid Foreclosure Property Listings

As Los Angeles tries its best to boost its real estate market battered by foreclosure property listings, the Federal Trade Commission has filed a lawsuit against Bakersfield-based mortgage lender Golden Empire Mortgage Inc. for allegedly discriminating against Latino borrowers.
The FTC claimed that Golden Empire Mortgage imposed higher mortgage rates and higher processing fees on mortgage [...]

Philadelphia Program Clips Foreclosure Listings

Distressed homeowners in Philadelphia are saving their homes from being added to foreclosure homes listings through the help of the city’s foreclosure prevention program and the assistance of the Association of Community Organizations for Reform Now, which is based in Washington, D.C.

Fed’s Theater Warnings About Foreclosure Listings Scams

To reach more homeowners troubled by foreclosure listings across the country, the Federal Reserve will use movie theaters to launch its advertisements warning homeowners about various foreclosure scams. The Fed will run its ads in 28 movie theaters in 14 large cities with the highest number of foreclosure listings.

Colorado Receives Assistance: Buying Foreclosure Listings to Help a Local Market

As the sheer volume of foreclosure listings coming on to the market in Colorado has been astounding over the past 5 years, The National Foundation for Credit Counseling, a national foreclosure prevention agency, announced yesterday that it would be providing more than $130,000 to local housing agencies and foreclosure prevention advocates in the northern Colorado [...]