More property tax revenue is an unexpected benefit of lenders taking back so many properties from homeowners in Washington County, AK. Banks typically pay their taxes on time, while owners in serious financial trouble often do not, officials said. Real estate and personal property tax collection due this year are up — both in...
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The federal Protecting Tenants at Foreclosure Act, which was adopted in May 2009, allows tenants with leases to stay until they expire. That’s good news for tenants such as Robert Boyd of West Haven, CT. According to a recent article in the local newspaper, Robert Boyd, a driver for a charter bus company, has...
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Some companies that advertise help avoiding foreclosure are trying to avoid a ban on advance fees by charging consumers in steps, according to loan brokers and state regulators. That’s illegal, said Tom Pool, a spokesman for the California Department of Real Estate (DRE). The bill, dubbed SB 94, clearly prohibits loan modification companies from...
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OC home loan default rates continues to rise.
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New FannieMae Deed for Lease program offers homeowners time to stay in their home for up to 12 months.
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