ForeclosureHelp Update: CitiGroup and Wells Pause Foreclosures; MN Passes Homeowner Bill of Rights; NY AG Updates Complaint Against BOA and Wells for Violating AG Settlement

It has been a busy week for developments related to the ongoing foreclosure crisis. On May 17th, American Banker broke the news (“Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny”)  that Wells Fargo and Citigroup were halting … Continue reading

New Announcement About Uncashed Checks for Independent Foreclosure Review

Just the messenger folks, contact Rust Consulting for more information: Joint Press Release Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency For release at 1:00 p.m. EDT February 18, 2015 Agencies Announce Reissuance … Continue reading

THE FORECLOSUREHELP CENTER HAS NOW TRANSITIONED TO THE FORECLOSURE HELP COLLABORATIVE

Beginning October 27, 2014, The Foreclosure Help Collaborative Silicon Valley will provide coordinated foreclosure prevention services to families facing foreclosure and other related housing issues throughout the County of Santa Clara in place of the ForeclosureHelp Center. The Foreclosure Help … Continue reading

La Declaración de Derechos para los Propietarios de California

Esta explicación de la Declaración de Derechos para los Propietarios fue preparada por: El Proyecto Legal de Viviendas Justas. La Declaración de Derechos para los Propietarios de California by El Proyecto Legal de Viviendas Justas. is licensed under a Creative … Continue reading

How does the California Homeowner Bill of Rights Help You?

Did you hear the recent news about a homeowner in West Sacramento effectively using the new California Homeowner Bill of Rights to stop foreclosure on his home?  You can read about it in the Sacramento Bee: “West Sacramento homeowner uses … Continue reading

HAMP Program Is Extended Until 2015: What does this mean for homeowners in San Jose and Sunnyvale California?

The Obama Administration announced today that the HAMP program has been extended until 2015.  This is an important development because the program was set to expire at the end of 2013.  ForeclosureHelp and our seven partners had signed a letter … Continue reading

Homeowners Say Customer Service is Still a Problem when They Contact Their Bank or Servicer

Lost documents, robo-signing, getting different messages from different bank departments, broken verbal promises for modifications, loan servicing being transferred, and unexplained modification denials- are these all things of the past with settlements like the Independent Foreclosure Review, Attorney General Settlement, … Continue reading

Do Student Loans Contribute to Foreclosure Crisis? What We’ve Seen from Homeowners in San Jose and Sunnyvale, CA

USA Today reported yesterday (“Nobel winner: Cut student loan rates” ) on one of the proposals that has been put forth by Senator Elizabeth Warren (Bank on Students Loan Fairness Act)  to deal with what some have termed the next … Continue reading

Some Litton Loan and Saxon Mortgage Customers Will Receive a Second Independent Foreclosure Review Check

According to a press release from the Federal Reserve dated today, there was a “clerical error” that led to some homeowners not receiving the correct amount of money they were supposed to under the settlement agreement that Goldman Sachs (former … Continue reading