States act to stem foreclosure scams (Belleville News-Democrat)

States act to stem foreclosure scams (Belleville News-Democrat)
For people about to lose their homes to foreclosure, the advertisements are like a lifeline: "WE BUY HOUSES FOR CA$H," or "Refinance Your Mortgage! And Receive a 7 Day Vacation."
Source: www.bnd.com

Rep. Laura Richardson's foreclosure continues a pattern of financial straits (Los Angeles Times)

Source: www.latimes.com

Backers of vetoed foreclosure-avoidance bill regroup (Pioneer Press)
A Princeton man who narrowly avoided foreclosure has pitched a tent with his four young children on the Minnesota Capitol lawn to express his disappointment over a day-old veto.
Source: www.twincities.com

Maine supreme court rejects mortgage foreclosure by Camden bank (Camden Herald)
CAMDEN — A mortgage foreclosure by the Union Trust Company, now part of Camden National Bank, has been thrown out by the Maine Supreme Court, which has ruled that the bank failed to prove it had ever notified the mortgage holder he was in default.
Source: www.mainecoastnow.com

Tags: home equity loan, foreclosure