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Latest House Repossession News

admin — Fri, 10 Feb 2012 16:07:57 +0000

Stable Wales house repossession figures may mask numbers of struggling home owners
A possession claim is where the lender has approached a court to ask for permission to repossess the property. About 74% of claims in 2011 led to orders, where a judge gives the go-ahead to the repossession. Just under half of orders, 49%, …
Read more on WalesOnline

US repossessions deal £25bn slap in face for homeless, says campaigner
Struggling American homeowners are set for mortgage relief as part of a landmark multi-billion dollar settlement by banks over flawed and fraudulent home repossessions. In a deal with all but one US state, five major lenders have agreed to a $ 25 …
Read more on Scotsman

Repossession Is the Last Resort – FNB
"Especially with a home loan, FNB Namibia makes a huge effort to ensure that the house is not repossessed. We realise that this is a home, a safe haven for people as well as an investment and repossession is the last resort. The same goes for vehicles …
Read more on AllAfrica.com

Independent TD withdraws Bill to help prevent house repossessions
Independent TD Stephen Donnelly has this afternoon withdrawn a proposed Bill to give judges powers to refuse to order repossessions of family homes. The Wicklow TD used three hours of a special Dáil sitting today to have the measures debated.
Read more on Irish Examiner

Latest Foreclosure News

admin — Tue, 07 Feb 2012 16:10:04 +0000

More Than 40 States Agree on B Foreclosure 'Robo-Signing' Deal
Officials from more than 40 states have signed onto a record $ 25 billion settlement with the five biggest banks related to foreclosure abuses including "robo-signing" of documents. For the past year, President Obama has advocated for a mortgage relief …
Read more on ABC News

Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages
Enlarge image Banks Paying Homeowners a Bonus to Avoid Foreclosures Banks Paying Homeowners a Bonus to Avoid Foreclosures Jewel Samad/AFP/Getty Images Abandoned houses at the Desert Mesa subdivision are pictured in North Las Vegas.
Read more on Bloomberg

A foreclosure deal worth taking
The deal covers only civil actions by the states related to the issuance and servicing of loans, including foreclosures. It doesn't bar individual borrowers or the federal government from filing suit over predatory lending; it doesn't stop prosecutors …
Read more on Los Angeles Times

Latest Repossession News

admin — Sat, 14 Jan 2012 16:08:16 +0000

DVB Bank may repossess two Airbus A320 from Kingfisher Airlines
SINGAPORE: Germany's DVB Bank SE said it may repossess two Airbus A320 aircraft from troubled Kingfisher Airlines Ltd if the carrier failed to meet its commitment to the lender in due time. The cash-strapped Kingfisher, controlled by flamboyant liquor …
Read more on Economic Times

If My Property Has Already Been Repossessed, Can I Get it Back in Bankruptcy?
This has a broad effect, from preventing phone calls and letters to repossession and foreclosure. This has lead many to wonder: What if my creditor has already repossessed my car? Can bankruptcy do anything about that? If My Property Has Already Been …
Read more on JD Supra (press release)

UNIP hails Zamtel repossession
The opposition party's president, Tilyenji Kaunda said the Government should go ahead and repossess the company whose 75 per cent shares were allegedly controversially sold to the Libyan company. Mr Kaunda also said some issues the MMD leadership was …
Read more on Times of Zambia

Shadow Housing Minister on BBC News Channel about government’s latest repossession plan

admin — Sun, 25 Jul 2010 01:29:18 +0000

Shadow Housing Minister on BBC News Channel about government’s latest repossession plan

Mortgage rates at record low 4.37% in latest Zillow survey

admin — Thu, 22 Jul 2010 02:11:42 +0000

Mortgage rates at record low 4.37% in latest Zillow survey
(Reuters) – Interest rates on 30-year fixed-rate mortgages dropped in the latest week, reaching a record low as investors piled into safe-haven U.S. government debt, real estate website Zillow.com said Tuesday .

Australia’s bank says consumers hurt by latest interest rate rise

admin — Thu, 20 May 2010 01:01:43 +0000

Australia’s bank says consumers hurt by latest interest rate rise
Australian consumer sentiment has dropped sharply in response to the latest rise in interest rates and to last week’s federal budget, Australia’s bank Westpac said on Wednesday. “We expect that the most important factor causing such a large fall in the headline index was the rate hike,” Westpac chief economist Bill Evans said releasing the data, adding that the Westpac-Melbourne Institute …

Latest Georgia news, sports, business and entertainment

admin — Wed, 31 Mar 2010 01:54:11 +0000

Latest Georgia news, sports, business and entertainment
Latest Georgia news, sports, business and entertainment