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BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court News - Bloomberg
Mon, 06 Feb 2012 05:20:55 GMT

BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court News
Bloomberg
Bank of America Corp., Wells Fargo & Co. and JPMorgan Chase & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures. The banks' use of the database, ...

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Detroiters may be due money for bad loans - Michigan Citizen
Mon, 06 Feb 2012 01:03:14 GMT

Detroiters may be due money for bad loans
Michigan Citizen
Victims of foreclosure are not in their former homes. Many are now renters in the suburbs or have moved out of Michigan altogether. She says the banks are censoring the process by avoiding a public campaign that could be costly and embarrassing.


No need for 'fat cat' lists - City Pulse
Fri, 03 Feb 2012 20:33:39 GMT

City Pulse

No need for 'fat cat' lists
City Pulse
One reason Forbes ranked Lansing 13 th – along with “lots of foreclosures” and “high property taxes” – is “lousy weather,” according to its website. “Complaining about the weather? In Michigan? Really? We in Michigan love our weather,” Hannan said.
Miserable city? Chicago earns new titleABC7Chicago.com
Forbes Magazine: Rockford is 9th Most Miserable Place to LiveMyStateline.com
South Florida cities top Forbes' most miserable cities listOrlando Sentinel
Chicago Tribune -The Flint Journal - MLive.com -DeSoto Appeal
all 90 news articles »

Foreclosures hit lowest level since 2007 across country - Detroit Free Press
Thu, 12 Jan 2012 07:00:43 GMT

USA TODAY

Foreclosures hit lowest level since 2007 across country
Detroit Free Press
By Greta Guest Foreclosure filings fell to their lowest level since 2007 nationwide last year as processing issues stalled many from completion. Foreclosure filings dropped 34% nationwide and by 26% in Michigan in 2011 compared with 2010, according to ...
More Detroit area home foreclosures expectedThe Detroit News
Area forclosure filings down in '11Toledo Blade
2011's foreclosure rate lowest since pre-recessionBusinessWeek
USA TODAY
all 557 news articles »

Cities Are Ground Zero for the Foreclosure Crisis - The Atlantic Cities
Fri, 03 Feb 2012 18:22:56 GMT

The Atlantic Cities

Cities Are Ground Zero for the Foreclosure Crisis
The Atlantic Cities
California is, not surprisingly, in the worst shape, with 8943 foreclosed properties on the market. Georgia is second worst, with 6431, and Michigan is third worst with 6321. These three states account for 40 percent of the map.
Pro-Romney PAC gets cash from Farmington Hills firm that aids Fannie, Freddie ...Detroit Free Press
Conyers to Obama: Go Further on Mortgage ReliefThe Nation. (blog)

all 415 news articles »

On Foreclosures, Uncle Sam Courts Investors - Wall Street Journal (blog)
Thu, 02 Feb 2012 20:31:53 GMT

Credit Union Times

On Foreclosures, Uncle Sam Courts Investors
Wall Street Journal (blog)
More than 83000 foreclosures were listed for sale by Fannie, Freddie or the Federal Housing Administration as of late December, with the largest concentrations in California, Georgia, Michigan and Florida. (View map.) The idea of packaging these ...
Fannie Mae tries partnerships with investors to sell foreclosuresSun-Sentinel

all 61 news articles »

Michigan AG asked not to sign on to foreclosure fraud deal with feds - The American Independent
Tue, 31 Jan 2012 19:53:14 GMT

Michigan AG asked not to sign on to foreclosure fraud deal with feds
The American Independent
By Todd Heywood Ingham County Register of Deeds Curtis Hertel, Jr., sent a letter to Michigan Attorney General Bill Schuette on Tuesday asking him not to sign on to a rumored foreclosure fraud deal brokered by the US Department of Justice with all 50 ...


Seven Questions Begging to Be Answered Before a Foreclosure Settlement Is Reached - Huffington Post
Thu, 02 Feb 2012 22:51:08 GMT

Business Insider

Seven Questions Begging to Be Answered Before a Foreclosure Settlement Is Reached
Huffington Post
Anyone who has been on this beat knows of numerous cases where foreclosure documents are challenged, say for being too late, not having the right transfers, etc, that new versions of supposedly original documents that tell the right story miraculously ...
Will The Proposed Robo-Mortgage Settlement Give Banks a Free Pass?Business Insider

all 7 news articles »

Miami named most miserable US city - Reuters
Mon, 06 Feb 2012 11:01:33 GMT

CBS Local

Miami named most miserable US city
Reuters
... foreclosures, income and property taxes, as well as considerations like weather, commute time and political corruption. Reeling for decades from the decline of the US auto industry, Michigan's troubled duo of Detroit and Flint registered at No.
Miserable citiesThe Detroit News
Miserable Miami: Worst In The Nation, Magazine ClaimsCBS Local

all 16 news articles »

As Floridians prepare to vote in GOP primary, economy and housing top list - The Detroit News
Mon, 30 Jan 2012 06:15:00 GMT

As Floridians prepare to vote in GOP primary, economy and housing top list
The Detroit News
Their economic plight is similar to one that's felt by thousands throughout Florida and resonates in Michigan as both states have been devastated by high unemployment and high foreclosures. The economic hardship is certain to influence who hundreds of ...

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