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News :

Akron Leader Publications

Where will most boomers go if they don't age in place?
Akron Leader Publications
Or, the senior living near Boston, widowed at a young age, who got a reverse mortgage to put her daughter through nursing school. An Oregon man, still working at age 68, used the cash from a reverse mortgage to buy a flatbed truck that would carry the ...



Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how they are using the funds. I can tell you that Vermont's budget is sort of under control, the way it usually is (we always assume we need wiggle room ...

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With guidance, mortgaging process a manageable one
Oregon City News
What are the usual steps required to be pre-approved for a mortgage? A. The process does take a little time. However, don't be intimidated. If you have skilled guidance the process is very manageable. To begin, you must decide what type of home you are ...

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Giving history a future
OregonLive.com
By The Oregonian Editorial Board Thomas Jefferson now gazes from a corner of the Oregon Historical Society's entrance hall. He's part of a lively exhibit of kites inspired by Lewis and Clark. Not too long ago, the historical society itself seemed ...



Oregon anti-foreclosure program shows slow start
McMinnville News-Register
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April ?indicates that there is more work to be done? for Oregon. Margaret Van Vliet, who oversees the ...

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Sluggish start for mortgage assistance program
Bend Bulletin
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April ?indicates that there is more work to be done? for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Corvallis Gazette Times
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Daily Astorian
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Albany Democrat Herald
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Longview Daily News
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Foreclosures Hit A Record Low
Daily Markets (blog)
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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A Window of Opportunity by California Mortgage Expert
SBWire (press release)
Petaluma, California based Mortgage Broker Jehoshua Shapiro, NMLS#275208 says that low rates have created a great opportunity for refinance or purchase, however creeping inflation could create interest rate hikes. Petaluma, CA -- (SBWIRE) -- 05/18/2012 ...



Foreclosures Hit a Record Low - Analyst Blog
NASDAQ
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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Foreclosures Fall...And That's a Bad Thing?
TheStreet.com
Foreclosure starts, the first stage in the foreclosure process, fell in April in the hardest hit states of California, Arizona and Nevada, according to Foreclosure Radar. California saw the steepest slide, with Notice of Default filings down nearly 16% ...

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Foreclosures Hit a Record Low
Zacks.com
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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AXcess News

Foreclosures down, short sales up. Are banks getting smart?
AXcess News
Homeowners get to shed their mortgage debt faster - and with less damage to their credit rating. Short sales began outpacing foreclosures in some states late last year. Six states saw more preforeclosure sales - typically, short sales - than ...

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Federal OK gives program more value for families facing foreclosure
The Salinas Californian
Qualified California homeowners have a shot at enhanced state programs that can reduce their mortgage principal by as much as $100000 and pay up to $25000 in late mortgage payments. Thanks to a recent approval from the US Department of the Treasury, ...



Attorney General Kamala D. Harris Joins Central Valley Law Enforcement Leaders ...
Sierra Sun Times
"As the Sheriff of Tulare County, I have seen firsthand the devastating effects of the mortgage crisis, not only in Tulare County but across the State of California. In Tulare County alone, between 2008 and 2011 there were over 11000 foreclosures.

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Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
?Our preliminary first-quarter sales data shows that pre-foreclosure sales ? typically short sales ? are on pace to outnumber sales of bank-owned properties during the quarter in California, Arizona and 10 other states.? After three straight monthly ...

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County foreclosures lead state
The Desert Sun
A total of 3850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide in April, translating to 1 in 208 households in some stage of foreclosure, according to Irvine-based RealtyTrac. The number of filings was 12 ...

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News :

Chicago Tribune

Lenders sniffing out dishonest applicants
Chicago Tribune
There are "more fraud checks than ever, and it's on every loan, not just a sample," says David Kittle, a former lender from Kentucky who chaired the Mortgage Bankers Association in 2009. More important, perhaps, the focus now is on preventing fraud ...



Kentucky court: Copy no good for military power of attorney
Clarksville Leaf Chronicle
BRETT BARROUQUERE, AP LOUISVILLE, KY. ? Lyndon and Latonya Bartholomew wanted to give Lyndon the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy of ...

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Court: Military power of attorney can't be copy
ArmyTimes.com
By Brett Barrouquere - AP LOUISVILLE, Ky. ? Lyndon and Latonya Bartholomew wanted to give Lyndon the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the military in 2010, so they brought a photocopy of ...

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Court: Military power of attorney can't be copy
AirForceTimes.com
By Brett Barrouquere - AP LOUISVILLE, Ky. ? Lyndon and Latonya Bartholomew wanted to give Lyndon the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the military in 2010, so they brought a photocopy of ...

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Court: Military power of attorney can't be copy
Marine Corps Times
By Brett Barrouquere - AP LOUISVILLE, Ky. ? Lyndon and Latonya Bartholomew wanted to give Lyndon the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the military in 2010, so they brought a photocopy of ...

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Court: Copy no good for military power of attorney
Knoxville News Sentinel
LOUISVILLE, Ky. (AP) ? Latonya Bartholomew wanted to give her husband, Lyndon, the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy of a notarized ...

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Court: Copy no good for military power of attorney
Lexington Herald Leader
By BRETT BARROUQUERE ? AP Latonya Bartholomew wanted to give her husband, Lyndon, the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy of a notarized ...

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A copy won't do: Court finds original documents needed to file military power ...
The Republic
BRETT BARROUQUERE AP LOUISVILLE, Ky. ? Latonya Bartholomew wanted to give her husband, Lyndon, the legal ability to take care of the family mortgage and other issues while she deployed to Iraq with the US military in 2010, so they brought a photocopy ...

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Lenders are using a variety of tools to prevent mortgage fraud
Los Angeles Times
There are "more fraud checks than ever, and it's on every loan, not just a sample," said David Kittle, a former lender from Kentucky who chaired the Mortgage Bankers Assn. in 2009. More important, perhaps, the focus now is on preventing fraud rather ...

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Weltman, Weinberg & Reis Co., L.P.A. | Amendments to the Kentucky Deed in Lieu ...
Linex Legal (press release) (registration)
The newly enacted Kentucky House Bill 62, which becomes effective on July 10, 2012, amends the Kentucky statutory provisions on deeds in lieu of foreclosure by: Requiring a mortgage holder (mortgagee) to file a deed in lieu of foreclosure with the ...



Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released Thursday. One in every 698 US housing units had a foreclosure filing during the month.

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Maine budget cuts target Medicaid
Foster's Daily Democrat
PORTLAND, Maine ? Tricia Clark will keep her fingers crossed when the Legislature reconvenes this week and takes up a budget plan that calls for sharp cuts in Medicaid and health care spending. Clark, 19, stands to lose out when the Legislature votes ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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Rep. Cummings Introduces Bill to Improve Protections for Service Members ...
Targeted News Service (subscription)
Elijah Cummings, D-Md., has introduced legislation (HR 5747) to amend the Servicemembers Civil Relief Act to "improve the protections for service members against mortgage foreclosures." The bill was introduced on May 15 and has nine co-sponsors.

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EDITORIAL: Morgan Gives Fresh Urgency to Volcker Rule
LoanSafe
(Source: Sun Journal, Lewiston, Maine (MCT) ? There is a very good reason the US government regulates banks: Taxpayers guarantee their deposits, something we started doing after the Great Depression. The downside is that when really big bankers make ...

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Bangor council votes to take Pearl Street house, extend outdoor drinking hours
Bangor Daily News
The couple owes $133074 in mortgage and tax payments. Buy Photo By Andrew Neff, BDN Staff BANGOR, Maine ? The City Council sent a clear sign Monday night that it's the end of the road for a Bangor couple that owes $133074 in mortgage and tax payments.

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Maine budget cuts target Medicaid
Seacoastonline.com
By Clarke Canfield AP PORTLAND, Maine ? Tricia Clark will keep her fingers crossed when the Legislature reconvenes this week and takes up a budget plan that calls for sharp cuts in Medicaid and health care spending. Clark, 19, stands to lose out when ...

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Ellendale man sentenced to 6 years in prison
Albert Lea Tribune
The criminal activity took place under the business names Blackstone Sales and Maine Estates. His partner was mortgage broker Richard Mathew Laho, 55, of Buffalo. According to a news release from the US Attorney's Office, Prieskorn admitted he and Laho ...

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Press Herald

Maine budget cuts target Medicaid
Press Herald
Paul LePage speaks at the Maine GOP convention. In his effort to cut state spending, Gov. LePage proposed revamping the stateís Medicaid program. Supporters of the cuts say spending is unsustainable and that Maine provides Medicaid coverage to 35 ...

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Maine budget cuts target Medicaid
10TV
AP PORTLAND, Maine (AP) ? Tricia Clark will keep her fingers crossed when the Legislature reconvenes this week and takes up a budget plan that calls for sharp cuts in Medicaid and health care spending. Clark, 19, stands to lose out when the Legislature ...

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