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Some larger lenders also list bank-owned foreclosures on their websites. For example, check out the REO homes for sale from Bank of America and Wells Fargo . fizkes/istockphoto
The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of America, JP Morgan, Wells Fargo, and Citigroup—responded by halting their foreclosure proceedings temporarily in some or all states.
Everybody, including the bank, would have been better off reducing his balance to an affordable level." [15] [20] In Atlanta, Occupy Our Homes activists went to the courthouses in three of the area's largest counties to disrupt the foreclosure auctions happening there. The group is demanding an immediate moratorium on all foreclosures. [15]
The Fair Foreclosure Act (FFA), N.J.S.A §§ 2A:50-53 to 2A:50-73, is a state law that protects residential mortgage debtors and establishes a uniform statutory framework under which courts can more clearly identify the rights and remedies of the parties involved in foreclosure proceedings throughout New Jersey. [1]
In a Texas case, a Wells Fargo employee swore in a court filing that Wells owned the loan -- until the homeowner's attorney pointed out that Freddie Mac claimed ownership, at which point the Wells ...
NAR says there was a 4.0-month supply of homes for sale in July (actually quite a big improvement — back in early 2022, that figure was a tiny 1.7 months). ... the Federal Reserve Bank of New ...