The ""House Financial Services Committee"":http://financialservices.house.gov pushed a $15 million package aimed at restoring homes in struggling and foreclosure-riddled neighborhoods on Wednesday, according to %{=font-style: italic;}Bloomberg% news. The proposal passed and...

...February after serving as operations manager for another default firm located in the Boston-area. In her new role, Ceritto will be leading the foreclosure, bankruptcy and eviction departments. Ceritto has...

...State Foreclosure Working Group proposes in its report that servicers, investors and government officials work to create a ""more systematic loan work-out system,"" while also slowing down the foreclosure process...

...and loan servicing professionals who are now in the process of helping distressed borrowers save their homes from foreclosure. ""As the industry continues to help millions of troubled homeowners find...

...complex array of investor requirements tied to loan modifications can sometimes slow servicers' progress in helping their borrowers avoid foreclosure. By partnering with trusted providers such as Fidelity and Wolters...

""Minnesota Governor Tim Pawlenty"":http://www.governor.state.mn.us is relying on several new foreclosure prevention tools to help homeowners across his state avoid foreclosure. The governor's updated plan includes an expansion of the state's...

...Ownership Preservation Initiative fulfills one of two major elements in solving much of the foreclosure crisis. The other requires the mortgage industry to play a more active role by modifying...

...hearing on ""The Foreclosure Prevention and Sound Mortgage Servicing Act of 2008"" this morning. The Act is a legislative proposal that attempts to create mandates that forbid servicers from foreclosing...

The Foreclosure Prevention and Sound Servicing Act of 2008 (or H.R. 5679) was the subject of much discussion in Washington, D.C. today. Even the ""Mortgage Bankers Association"":http://www.mbaa.org (MBA) weighed in,...

...to RealtyTrac's latest March 2008 U.S. Foreclosure Market Report. In the latest report, RealtyTrac says foreclosure filings were issued on 234,685 properties in March — a statistic that includes filings...