Rochester is leading the state in short sales of distressed homes for the third quarter of 2012, according to statistics released Wednesday by RealtyTrac, a national online marketplace for foreclosure properties. RealtyTrac Vice President Daren Blomquist said banks taking less ...Read More »
The average New York homeowner affected by the national foreclosure crisis has received about $86,600 in consumer relief as part of the implementation of the National Mortgage Settlement, according to a report released Monday. More than 7,200 New Yorkers have ...
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NEW YORK — For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit. Now, the business of mortgage lending is more of a mixed bag. Bank of America, the ...Read More »
U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders. It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to ...Read More »
Consumer Credit Counseling Service of Rochester was awarded $46,000 as part of Attorney General Eric Schneiderman’s Homeowner Protection Program in an effort to provide counseling services to those in danger of foreclosure. Earlier this year, New York, along with 48 ...Read More »
Attorney General Eric T. Schneiderman on Monday announced the grantees of the Homeowner Protection Program, his office’s commitment of $60 million over three years to fund housing counseling and legal services for struggling New York homeowners. Some $20 million will ...Read More »
Justice Clarence Thomas, speaking at an event in Washington honoring the 225th anniversary of the Constitution, said growing up in segregated Georgia never effected his self esteem “because from day one, we knew we were equal.” “It said so,” Justice ...
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A limited liability company is the new owner of Ridgecrest Commons plaza in the town of Greece. Morgan Ridgecrest LLC, which has held the mortgage on the defaulted property since June, was the lone bidder Wednesday in a public foreclosure ...Read More »
The bad news: The need for foreclosure prevention helped lead to the formation of the Housing Council in Rochester more than 40 years ago, and the organization still deals with thousands of clients a year, in most every location in ...Read More »
LOS ANGELES — Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to placing homes ...Read More »