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Foreclosures

Future of foreclosure fraud bill uncertain

It seems those hoping to see criminal penalties enacted on lenders engaged in foreclosure fraud will have to wait a while longer. While a bill supported by New York Attorney General Eric Schneiderman passed the Assembly last month, it remained ...

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Foreclosure action delay puts case on hold

On Wednesday, a show cause hearing was scheduled to be heard in a foreclosure action by Wells Fargo and Freddie Mac against Rochester resident Leonard Spears before Monroe County Supreme Court Judge Elma A. Bellini. However, in the absence of ...

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Distressed housing falls in U.S.

In a sign the nation’s housing foreclosure crisis could be easing, the number of distressed dwellings that make up a “shadow inventory” has decreased across the country to fall 2008 levels, reports CoreLogic, a California-based real estate research firm. Short ...

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Protesters object to couple’s eviction in city

Members of area protest group Take Back the Land say there has been little progress in getting the City of Rochester to reexamine its foreclosure and eviction process. The latest case to draw the group’s ire is that of Eddie ...

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Chase is focus of area protest groups

Chase Bank at Chase Square in downtown Rochester was the sight of a Band of Rebels protest on Monday around noon. Band of Rebels members spread out over the four corners of the intersection of Clinton and Main streets to ...

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Hearings on ‘forced’ insurance in foreclosure

ALBANY — New York regulators say premiums for so-called “force-placed” insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage. ...

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Attorneys help with foreclosure assistance

As Take Back the Land spokesman Ryan Acuff explained, a defendant who can’t afford an attorney in a criminal case has the constitutional right to have one provided to protect their rights. However, someone facing the loss of their home ...

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State probes insurance in foreclosure

ALBANY — New York is expanding a national investigation and scheduled public hearings into so-called forced-placed insurance that add costs to homeowners seeking to avoid foreclosure. Banks and mortgage holders take out force-placed insurance when a homeowner misses a mortgage ...

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