Posts from September 2011

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  • SACRAMENTO, Calif. (AP) — California Attorney General Kamala Harris said Friday that she will not agree to a settlement over foreclosure abuses that federal officials and other state attorneys general are negotiating with major U.S. banks. Her announcement is the latest to undermine a settlement that had been in the works between the banks and […]
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  • By James Sterngold Sept. 16 (Bloomberg) — Faulty mortgages and foreclosure abuses have cost the nation’s five biggest home lenders at least $65.7 billion, according to a tally by Bloomberg News, and new claims may push the industrywide total to twice that amount. Bank of America Corp., the largest U.S. lender, had the biggest costs, […]
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  • BY HUBBLE SMITH  Nevada could see its inventory of foreclosed homes increase in the coming months, the latest data from Discovery Bay, Calif.-based ForeclosureRadar.com showed. Notices of default jumped 44.2 percent in August from the previous month, reversing what had been a declining trend for the past several months, the foreclosure listing service reported. The surge […]
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  • Homeowners from five counties packed the courtroom here on Sept. 2 to support a Pittsburg family facing eviction in a foreclosure scam. After a four-hour marathon session, the Superior Court judge cancelled the eviction. The decision means the Parra/Gullo family can stay in their home with a payment they can afford. “I believe it was […]
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