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Jill Kelley walks out of deposition in home foreclosure case

TAMPA — Attorneys had gathered in a conference room to question the Tampa socialite who had unwittingly triggered the scandal that ended the career of CIA director David Petraeus.

Jill Kelley’s house is in foreclosure, and Kelley appeared at a June 26 deposition in the case.

But Kelley refused to be sworn in, a Regions Bank attorney said. Then she refused to testify, departing with her attorney.

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“They’re actually leaving the room now and not even listening to me on the record,” said Regions attorney Peter Hargitai at the deposition, according to a transcript.

Kelley and her husband, Dr. Scott Kelley, have refused to testify in the foreclosure case on their posh Bayshore Boulevard home. The couple say a Regions lawyer is threatening to question them about the Petraeus scandal and then release a transcript to the media.

Jill Kelley said in court papers that Hargitai told her, “This deposition is going to be all over the news.” The lawyer denied making any threats.

“Plaintiff appears determined to try this matter in the media,” a motion by the Kelleys’ attorney said.

The couple have demanded that opposing counsel agree to keep any transcript of their testimony sealed, providing no copies to the media or any third party.

Hargitai has refused, though he told the court he has no intention of giving it to the media. But if the deposition is filed in court, it would become available to anyone who wants a copy.

“A deposition is a public record,” Hargitai told the Tampa Bay Times in a brief interview.

The attorney said a Hillsborough Circuit Court judge is soon expected to file an order compelling the Kelleys to sit down for a deposition by Sept. 15. Neither the Kelleys nor their attorney, Benjamin Hillard, returned messages seeking comment.

An order has not yet been issued, according to the online docket of the case. The next court hearing is scheduled for Wednesday.

Kelley inadvertently ended Petraeus’ career as CIA director when she complained to the FBI about anonymous emails she had received from a woman who turned out to be Petraeus’ mistress, Paula Broadwell.

The resulting scandal also damaged Marine Gen. John Allen’s career with the revelation that he had exchanged numerous emails with Kelley. He was cleared in a Pentagon investigation but retired from the military.

The Kelleys, according to court filings, have lived in their Bayshore home for more than three years without paying Regions. The bank says it is owed $1.7 million.

The couple say in a counterclaim against the bank that Regions’ officials told them not to pay their mortgage so that they might qualify for a loan modification. The bank denies doing that.

As foreclosures go, this one has been uglier than most, with charges and countercharges detailed in court papers.

Regions had filed a lengthy request for documents from the couple, a routine request in a civil case.

“The Kelleys responded that they had possession, custody or control of no relevant documents,” the bank said in a June 28 motion. “A non-exhaustive list of the documents the Kelleys purport not to have includes copies of their own note, mortgage, appraisal, phone records, credit report or correspondence with Regions.”

Hargitai’s motion to compel testimony from the Kelleys asked the court to impose sanctions against them and their attorney.

“The sad truth is that the unscrupulous lawyer often violates the rules of procedure, willy nilly,” the motion said. “When called to account for his actions, he fabricates facts and attempts to mitigate his errors at the last possible minute. … His intent is to frustrate the court by creating heated arguments amongst counsel so the court will display hostility toward both lawyers.”

The motion added that Regions and its attorneys “will not take the bait.”

William R. Levesque can be reached at levesque@tampabay.com.

Article source: http://www.tampabay.com/news/courts/civil/jill-kelley-walks-out-of-deposition-in-home-foreclosure-case/2138822

Stop home foreclosure actions by taking suitable legal stand with Richmond … – PR

A noted and experienced bankruptcy lawyer can be great value to debtors that are facing serious debt issues and financial problems in life. The creditors and the mortgage company will certainly warn the debtors to foreclose the home and other assets in case debt payment plan has failed to fetch fruitful results. Debtors may fail to the debt payment because of any reason such as loss of job or any medical urgency but home foreclosures can be more devastating for the clients. You should immediately consult the best and highly recommended Richmond chapter 13 attorney for assistance and legal guidance purposes so that you can easily settle all your debts without risking your property like home.

Take precious advice from your bankruptcy lawyer

You cannot wait for any miracle to happen to save the home and property foreclosures rather you will have to fix meeting with the noted lawyers in this business. It would be the excellent expertise and in-depth knowledge of the bankruptcy lawyer who will guide you properly and will tell you which code of bankruptcy law is best suited for you. The federal bankruptcy laws offer a wide variety of effective chapters that can regulate the debt repayment plan and chapter 13 is the best one if you simply want to save your home from foreclosures. The attorney will advise you on whether you are eligible for the chapter 13 bankruptcy case and what should be done later on to file a case under this chapter! One of the best advantages of filing bankruptcy case in the local court is that debt collection activities like bank levies, car repossessions, property foreclosure and wage garnishments will be immediately stopped.

How Chapter 13 attorney helps debtors?

The bankruptcy attorney will simply purchase the debtor more time period in order to plan the debt repayment so that you are capable of saving your home, car and other assets or savings from foreclosures.

For earning debtors, the chosen bankruptcy lawyer will schedule for a new and effective debt payment plan which can be easily paid by the client.

The fresh debt restructured plan will comprise of lower monthly premium or installments at reduced rates so that debtors find it easy and affordable to pay in the given time frame.

Of course, Richmond chapter 13 attorney will also bring this restructured loan consolidation plan to the notice of the court trustee so that you are fully entitled to be abiding by financial obligations.

For more information about Richmond chapter 13 attorney, Richmond bankruptcy lawyer visit here http://www.richmondvabankruptcyattorney.com/faq/

Article source: http://pr-bg.com/content/view/13603/79/

RI Housing lays off 30, citing aid cutbacks and foreclosure fallout

PROVIDENCE — Cutbacks in federal support for affordable housing and fallout from the foreclosure crisis have forced Rhode Island Housing to reduce its work force by about 15 percent, resulting in 30 layoffs last week, according to Executive Director Richard Godfrey.

The jobs of 10 temporary workers and 20 permanent employees were eliminated Aug. 20, saving about $1.9 million from the agency’s $19-million operating budget for fiscal 2014, Godfrey said.

Although Rhode Island Housing is an agency of the state of Rhode Island, it receives no operating support from the state, and its employees are not state employees, Godfrey said. “We are entirely self-sustaining,” he said.

“We’re going to have to do the same amount of work with fewer people,” Godfrey added. “That is a real challenge.” He said the agency will conduct an analysis of how to best deploy the remaining staff.

Over its 40-year history, Rhode Island Housing has provided the money to help more than 60,000 low- and moderate-income Rhode Island households buy a first home, and it provides oversight and assistance for more than 25,000 affordable apartments.

In a statement about the layoffs, the agency said that some of the reduction was expected due to the ending of various federal stimulus programs and the successful distribution of the Hardest Hit Funds, a federal foreclosure-prevention program.

But, in addition, “for several years the federal government has been cutting back on its financial support of affordable housing programs, including elimination of programs that created affordable homes for the elderly and for people with disabilities,” the statement added. “These cutbacks have been exacerbated this year by the federal sequestration.”

For instance, Rhode Island’s share of federal HOME funds — which Godfrey called the “most flexible” of the federal affordable housing programs — has been cut from $5 million a year to $3 million this year. Rhode Island Housing gets 10 percent of the program funds for administrative costs, so in addition to the program cutback, the administrative costs have been cut from $500,000 to $300,000. “It really is a double whammy,” he said.

The federal budget squeeze also means that about 450 households in Rhode Island will have their rental subsidy cut, Godfrey said. “Just like fewer kids get Head Start,” he said, the federal budget cuts target the housing needs “of the same vulnerable population.”

“It is a reflection of the general reduction of the safety net.”

But the foreclosure crisis has been “the single major element affecting the net operating income of Rhode Island Housing,” the statement added. Godfrey noted that “we have been lending exclusively to low- and moderate-income home buyers in Rhode Island … [and] many homeowners struggle to make their mortgage payments to us.”

“Rhode Island Housing has also been negatively impacted by the long-term disruption of capital markets, especially as it relates to tax-exempt bond yields versus the lending rates offered pursuant to the federal government’s takeover of Fannie Mae and Freddie Mac,” the statement added.

There are no union employees at Rhode Island Housing, and Godfrey said the layoffs occurred at different departments and levels throughout the agency. Severance pay and some extended health coverage have been offered to the affected employees, he said.

Article source: http://www.providencejournal.com/breaking-news/content/20130826-r.i.-housing-lays-off-30-citing-aid-cutbacks-and-foreclosure-fallout.ece

Miami foreclosure rate fell again in June

Foreclosure rates in the Miami-Miami Beach-Kendall area fell in June from a year earlier, continuing a long downward trend, according to CoreLogic.

The foreclosure rate — which is the percentage of mortgages that are in some stage of the foreclosure process — fell to 11.38 percent of outstanding mortgages in the Miami area for June 2013, down 5.31 percentage points from 16.69 percent a year earlier, the Irvine, Calif.-based data firm said.

Foreclosure activity in the Miami area remains far above the national foreclosure rate, which stood at 2.49 percent for June 2013.

June data showed that a lower rate of mortgages were going sour in the Miami-Miami Beach-Kendall area, too, CoreLogic said.

For June, 17.83 percent of mortgage loans were 90 days or more delinquent, compared to 23.35 percent a year earlier. Despite the improving trend, the mortgage delinquency rate in the Miami area was more than triple the national average of 5.55 percent for June.

Article source: http://www.miamiherald.com/2013/08/27/3588601/miami-foreclosure-rate-fell-again.html

Foreclosure rates plummet in Sacramento region

Foreclosures are fading in the Sacramento region.

In June, lenders foreclosed on 1.06 percent of homes in the Sacramento-Arden-Arcade-Roseville area, according to market tracker CoreLogic. Just a year ago, in June 2012, the foreclosure rate was more than twice as high, at 2.45 percent. The number of loans that are delinquent by 90 days or more also dropped, from 6.54 percent in June 2012 to 3.67 percent in June of this year.

A separate report from Emeryville-based ZIPRealty Inc., also released Tuesday, found that the real estate market is stabilizing around the country as more people put their homes on the market, easing a severe shortage of homes available for sale in some markets.

• Read more articles by Mary Lynne Vellinga

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Article source: http://www.sacbee.com/2013/08/27/5685427/foreclosure-rates-plummet-in-sacramento.html

Foreclosed Renters Left Homeless In Shadow Of Disneyland

ANAHEIM, Calif. — In a hotel room not far from Disneyland, Renee Genel slumps on a couch, her family’s meager possessions scattered nearby in torn plastic shopping bags.

Unlike most of the guests here, Genel is not a tourist. This room, until noon tomorrow, is home.

More than three weeks ago, on Aug. 1, Bank of America evicted Genel, her two children, her toddler niece and her boyfriend Christopher Mogelberg from a condominium they rented. Since then, the family has lived a nomadic life, shuffling from hotel to hotel, staying in whatever cheap room they can secure using a discount travel website.

This evening they got a good rate at a Hilton and splurged. The room is cleaner, and larger, than their usual accommodations.

Mogelberg, 38, spends hours each day hunched over an old laptop, firing off increasingly desperate messages to bank officials, demanding thousands of dollars in compensation for harm he says his family suffered.

A big man with black wrap around-frame glasses, he lost his last job nearly two years ago, and now is a stay-at-home dad of sorts to the niece — Jaylyn, toddler who was left with the family a year ago by Genel’s troubled brother.

“I won’t stop until heads roll,” he says, his voice rising. “I want people fired. I want people held accountable.”

Genel, 34, agrees that the family was wronged, that Bank of America should have honored a lease that doesn’t expire until the end of September. She shares Mogelberg’s outrage over the loss of belongings they claim a bank contractor stole while they were locked out of their home.

But increasingly, his preoccupation seems a distraction from more pressing demands.

Genel fears she will lose her job as a purchasing manager at a power company, the family’s sole source of income. Already, she has been warned about being late and missing work. She was permitted to retrieve nothing when she was forced from her home, so she wears the same work outfit — a striped skirt and black sweater — nearly every day.

Her two preteen sons, who are 10 and 11, have moved in with their father. Jaylyn, who recently took her first steps in a hotel like this one, isn’t sleeping well. Last week, Genel borrowed $80 from a coworker to buy food and diapers. The family has just a few belongings: a box of ibuprofen, a bottle of blue cheese dressing, a Curious George doll, some clothes.

They don’t have a lawyer and Bank of America has refused to yield. By any measure, the couple is losing this fight.

Genel turns to Mogelberg. “You need to stop engulfing yourself with the emails, with the phone calls,” she says, beginning to cry.

“We can’t keep going like this,” she continues. “It’s unbearable.”

“I know,” he says, “I know.”

***

Over the past six years, foreclosures have wreaked immense harm on people, neighborhoods and the American economy. Though the market is now much improved, an estimated 4 million homes are in some stage of default or foreclosure.

The Huffington Post has extensively chronicled the cost of the crash to homeowners, and the widespread failures of the mortgage industry to effectively manage it. But millions of renters have also been swept up in the crisis — collateral damage in wars fought between banks and their landlords.

“Tenants in many cases are the most innocent victims of the foreclosure crisis,” says Kent Qian, an attorney for the National Housing Law Project in San Francisco. “They had nothing to do with the fact that their landlord stopped making mortgage payments.”

In California, at least one-third of housing units going through foreclosure are renter-occupied, according to Tenants Together, a nonprofit housing agency. According to one academic study, tenants account for 40 percent of all U.S. evictions in foreclosed properties, or tens of thousands each month.

Many quickly pack up and leave, moving somewhere else without much fuss. But others attempt to serve out the terms of their leases, a right allowed under federal law, but not much liked by new owners, who want to clear them out as soon as possible for resale or rent.

The Protecting Tenants at Foreclosure Act of 2009 safeguards the right of renters to complete the term of their lease in situations in which the new buyer does not intend to occupy the residence, assuming they have not violated the lease terms.

Mogelberg and Genel signed a lease on a three-bedroom condo in April 2012. Finances had been tight for a while, with both of them out of work at one time or another. But this was a steal: just $850 a month, in a market where rent for an apartment this size could be more twice that.

Seven months later, in November, they received a notice that Bank of America had purchased the home out of foreclosure. “You should talk to a lawyer NOW to see what your rights are,” the notice stated.

The family approached a local legal nonprofit, but were turned away. The demand for services was just too high, they were told.

Fernando Gaytan, a senior attorney at the Legal Aid Foundation of Los Angeles, tells HuffPost that there are not enough housing lawyers to meet the demand in his region. Renters are in an especially tough spot, he said, because they typically don’t have much time to present a case.

Unlike homeowners, for whom eviction is typically a drawn-out process that can last for years, renters are normally allotted 90 days or less to prove they have a right to occupy a residence.

The first eviction date, Jan. 1, came and went. Mogelberg and the bank continued to spar over whether the family had the right to remain in the condominium. At one point, he said, he was told by phone that the bank was treating this property as “owner-occupied,” which he found baffling, considering that the previous owner had died and the property was in the control of her estate.

Throughout, Mogelberg believed he would prevail, he said. He researched federal and state consumer protection law extensively, to the point where he could cite parts of the code from memory. He said the family tucked the money they would have been paying in rent had Bank of America accepted their checks into savings.

Three months later, on March 21, Mogelberg was at home with Jaylyn when Orange County sheriff’s deputies showed up. He had to leave right now, he says he was told.

He was not permitted to take anything as he left, he said, –not even a diaper bag or formula for the baby. The door was secured behind him with a lockbox, he said.

For two weeks, the family lived in hotel rooms, using up their savings. Mogelberg complained to the U.S. Department of Housing and Urban Development, which controlled the previous owners’ mortgage, and had sold the property out of foreclosure to Bank of America. A HUD contractor negotiated their reentry with the bank, and the eviction was rescinded — a rare reprieve.

They returned to chaos, they claim. Dressers were overturned, clothes and belongs strewn about. Cigarettes had been extinguished on furniture. The toilet was fouled with human waste. When they tallied the damage, they realized many of their possessions were gone.

“All of a sudden you go home and there’s no home,” Mogelberg said.

He confronted the bank contractor who let them back into the home. According to public records, that contractor, Daniel Ray Slusher, has been convicted of multiple felonies, including identity theft and receiving stolen property. He has been arrested at least eight times, according to Orange County court records, most recently in May, two months after this episode took place.

Slusher could not be located for comment. Emails and phone messages left for him by The Huffington Post went unreturned.

According to Mogelberg and Genel, Slusher told them that he had moved some of their items into storage. He later returned a television and an Xbox game console. When Mogelberg logged into the game system, he found that someone with Slusher’s user name had recently played it, he says.

Many other items, including tools, jewelry and a box of personal papers containing birth certificates and other forms of ID, were never returned, the couple claim. Mogelberg says he is missing a red Ronald McDonald watch with a leather band that his mother had bought for him in 1976. It was the kind the company gave its executives that year.

Slusher owned a company called Expert Property Preservation. He worked indirectly for Safeguard, a Cleveland-based company that is the dominant player in an industry spawned by the American housing bust.

A recent Huffington Post investigation focused on Safeguard as the largest player in the bank contracting industry. In recent years the company has been the target of hundreds of lawsuits alleging that its workers have wrongly broken into properties and carted off people’s property.

“Since the general allegations were made in March about missing personals, we have attempted to obtain information from [Mogelberg and Genel] so that we can conduct a thorough investigation, and we have continued to offer help in other ways as well,” a Safeguard spokeswoman said in a statement.

The cycle repeated. A few months later, the family received yet another eviction notice.

The second lockout happened the morning of Aug. 1, while Mogelberg was in court seeking to stop it.

Once again, the family was not allowed to retrieve any of their possessions. Genel later sneaked into a detached garage and grabbed Jaylyn’s stroller, so she wouldn’t have to carry the girl in her arms while they waited for Mogelberg to return.

“If I catch you here you will go to jail,” she said she was told a sheriff’s deputy.

An Orange County sheriff’s office spokesman declined to comment.

Bank of America says it has dealt in good faith with Mogelberg and Genel. The bank claims it did not receive a copy of the lease until after the second eviction, and that it still has not received a copy of a check proving that a claimed $3,500 deposit was paid.

A bank spokeswoman said Mogelberg and Genel were offered $5,000 to walk away from the property, but that they did not respond to the offer.

Mogelberg claims he faxed a copy of the lease to the bank’s outside law firm at least twice. He did not keep receipts of those faxes, he said.

He turned down the relocation assistance because accepting the money came with a catch: giving up his right to later sue over the affair. At this point, Mogelberg still thinks he will prevail in a fight to win a financial award from the bank. He says he can win a civil judgment worth far more than $5,000.

Housing lawyers say this is a familiar story. New owners are often eager to put homes they purchase out of foreclosure back on the market for sale, especially now that home prices are rising in many places. That gives them a financial incentive to see that the property is vacated as soon as possible, so that it can be marketed again.

To this end, paperwork often goes missing. Banks claim that notifications that owners are supposed to deliver are never received.

“This is a very common dispute,” said Fernando Gaytan, a senior attorney at the Legal Aid Foundation of Los Angeles. “Financially strapped tenants are often faced with the allegation that they didn’t supply documents on time.”

And when renters go looking for assistance, there are few places to turn. Gaytan said there simply isn’t enough free legal assistance to meet the high demand.

When the eviction happens, it is often traumatic, he said. “It can rattle a family to its very core.”

***

Researchers have found that homeowners in foreclosure or default situations face greatly elevated risks of illness and depression.

A 2009 study in the American Journal of Public Health, for example, found that people undergoing foreclosure counseling at a housing agency in Philadelphia had higher rates of depression, hypertension and heart disease.

A related study found the depression rate among senior citizens in foreclosure situations was eight times that of typical Americans.

Mogelberg was an Army Rangers soldier who served in Kuwait during the first Gulf War. He often feels crippling pain in his extremities — symptoms, he suspects, of Gulf War syndrome. The symptoms have been worse since he was evicted, he says. Mentally, he seems barely able to cope at times. Especially when it comes to more bad news.

It’s late afternoon in a hotel parking lot. Mogelberg is bending over the back seat of his pickup truck. He had come to check up on the boys’ two pet rats, kept in a cage on the floorboard. But he forgot to leave the windows down, and the cab of the truck is explosively hot.

One of the rats is dead. The other is extremely sluggish. He pours water over its whiskered nose, but it has no effect.

“I think she died in my hand just now,” he says.

He carefully places the rat back in the cage. Then he covers his eyes with his hands and begins to cry.

“It’s my job to prevent this from happening, and I’m failing at it,” he says.

In his past life, he was at his best under stress, he says. Now he has trouble managing his feelings. He cries a lot more, he says.

Genel is less demonstrative, at least in front of a reporter. But she is also struggling.

“I don’t even know what to do,” she says.

The contrast between her work and home life is profound. By day, she is a purchasing manager at Belco, a Spanish-owned power company in nearby Chino, Calif. On a recent company outing, she flew inside a World War II-era B-17 bomber. She earns about $900 per week.

At night, she returns to a life she finds increasingly hard to manage.

A new apartment seems out of reach. They had bad credit even before the lockout, and most landlords screen prospective tenants. They reckon a three-bedroom apartment will cost nearly $2,000 a month, and most places require a security deposit. They can’t seem to scrape more than a few hundred dollars together at a time. They have no close family who could help them out.

Genel believed Mogelberg, she says, when he assured her they would prevail in their fight with bank, when he said they wouldn’t get evicted. She realizes now they should have planned more, saved more.

“I’ve been kicking myself in the butt,” she says.

She’s been late a lot. She has also missed days.

“I’ve been pushing my luck at work,” she says.

She does so again on a Friday morning. “I broke down on the phone while talking to my boss,” she says.

Often she can get a ride to work or borrow a company car, but today her only mode of transportation is the family’s truck. If she left, she fears they would have no way to get to the next Priceline find: A $50 room in Brea, Calif., about 15 miles away. “I can’t leave Chris and Jaylyn,” she says.

After breakfast — with the leftovers carefully packed into a plastic foam box — the family loads its belongings onto a hotel cart. Genel waits by the front entrance while Mogelberg fetches the truck.

It is a postcard-perfect Southern California day. A family staying at the hotel chatters excitedly as they exit. They are on their way to one of the amusement parks.

The next hotel is smaller and darker than this one. They will stay throughout the weekend, sharing one small room and one bed.

The next week, allotted a few hours inside their former apartment, they will retrieve several large garbage bags worth of belongings, including Genel’s father’s burial flag, a treasure she prizes among all else.

After that, they don’t know.

“I’m at my breaking point,” Genel says.

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    Chris Boudreau of Brooksville, Florida a href=”http://www.huffingtonpost.com/2011/07/06/florida-home-ransacked_n_890656.html” target=”_hplink”told local news that his house was ransacked by his mortgage company/a, 21st Mortgage Corporation, who he says even shredded his wife’s wedding dress. “When she saw what happened…she was crying her eyes out,” a href=”http://www.wtsp.com/news/local/article/199268/8/Mans-home-trashed-by-mortgage-company” target=”_hplink”he told WTSP 10 News/a.

  • Mortgage Payment Made Too Early

    A senior couple in Pasco County, Florida faced foreclosure not for missing payments, a href=”http://www.huffingtonpost.com/2011/08/22/senior-florida-couple-faces-foreclosure-mortgage-early_n_933147.html” target=”_hplink”but for making one too early/a. According to a Bank of America representative, they made themselves ineligible for a mortgage modification under the Home Affordable Modification Program when they did not make their payment in the “month in which it [was] due.”

  • Foreclosure In ‘World’s Richest Apartment Building’

    Property developer Kent Swig and his soon-to-be ex-wife Elizabeth faced foreclosure from their apartment at 740 Park Avenue, a href=”http://www.huffingtonpost.com/2011/08/26/foreclosure-hits-property-developer-billionaire-building_n_937676.html” target=”_hplink”a New York City address often cited as “the world’s richest apartment building.”/a

  • Untransferred Title Leads To Unfair Foreclosure

    Brian and Khanklink Pyron of Houston, Texas were a href=”http://www.huffingtonpost.com/2011/10/10/brian-khanklink-pyron-foreclosure_n_1003339.html” target=”_hplink”threatened with foreclosure despite keeping current on their payments due to an untransferred title/a. “We did everything we were supposed to do,” Brian Pyron told a href=”http://www.myfoxhouston.com/dpp/news/local/110926-family-hit-by-surprise-foreclosure?CMP=201110_emailshare” target=”_hplink”MyFoxHouston/a.

  • Foreclosure On Hurricane-Destroyed Home

    Brad Gana, of Seabrook, Texas was threatened with foreclosure by Bank of America even though his a href=”http://www.huffingtonpost.com/2011/10/31/foreclosure-crisis-bank-of-america-hurricane-ike_n_1068080.html” target=”_hplink”house had been completely destroyed years earlier in Hurricane Ike/a. “Bank of America is ruthless in their incompetency,” a href=”http://www.click2houston.com/news/Bank-Forecloses-On-Home-Destroyed-By-Ike/-/1735978/4718190/-/vpooliz/-/index.html” target=”_hplink”he told Houston 2 News/a.

  • $1 Coding Error Leads To Foreclosure

    Utah’s Shantell Curtis and her family were threatened with a href=”http://www.huffingtonpost.com/2011/11/03/bofa-foreclosure-missing-1-already-sold-home_n_1074538.html” target=”_hplink”foreclosure by Bank of America on a home they had already sold years prior/a. On top of that, the whole episode concerned the matter of just a $1 coding error.

  • Investigative Journalist Becomes Foreclosure Victim

    George Knapp, chief investigative reporter for Las Vegas CBS affiliate KLAS, found he was a a href=”http://www.huffingtonpost.com/2011/11/29/foreclosure-crisis-investigative-reporter-george-knapp-victims_n_1119480.html?ref=business” target=”_hplink”victim of the very brand of foreclosure fraud he was investigating/a for a news report. Him being the reporter, the episode put him in a “very weird spot,” a href=”http://www.poynter.org/latest-news/als-morning-meeting/153585/local-tv-station-tackles-mortgage-mess-as-investigative-reporter-discovers-hes-a-victim-too/” target=”_hplink”he told the Poynter Insitute/a.

  • BofA Falsely Threatens Paralyzed Man With Foreclosure

    Robert Galanida, a 41-year-old man paralyzed from the shoulders down, a href=”http://www.huffingtonpost.com/2012/01/12/bank-of-america-sends-false-statements-paralyzed-eviction_n_1202463.html” target=”_hplink”battled Bank of America for nearly a decade/a because it repeatedly sent him false statements threatening foreclosure.

  • Tracy Morgan Refuses Mother Foreclosure Help

    In January 2012, actor Tracy Morgan reportedly refused to give his mother a href=”http://www.huffingtonpost.com/2012/01/31/tracy-morgan-foreclosure-mother_n_1244641.html” target=”_hplink”$25,000 she needed to avoid foreclosure/a, instead offering only $2,000.

  • Bank Of America Plaza Foreclosure

    The Bank of America Plaza in Atlanta was sold at a foreclosure auction in February after its landlord, BentleyForbes, could no longer afford mortgage payments, a href=”http://www.businessweek.com/news/2012-02-14/american-foreclosure-bottoms-at-atlanta-tower-auction-mortgages.html” target=”_hplink”BusinessWeek reports/a. BofA a href=”http://www.huffingtonpost.com/2012/01/10/bank-of-america-plaza-foreclosure_n_1197040.html” target=”_hplink”was a tenant in the building at the time/a but had no other connection besides sharing the tower’s ironic name.

  • JPMorgan Tries To Foreclose On Civil Rights Activist

    Even while it promoted a February 2012 campaign to “fulfill” the “vision” of Martin Luther King Jr., a href=”http://www.huffingtonpost.com/2012/02/07/helen-bailey-foreclosure_n_1260078.html?ref=foreclosure-crisis” target=”_hplink”JPMorgan Chase threatened 78-year-old civil rights activist Helen Bailey with foreclosure/a. The bank ultimately allowed Bailey to stay in her home indefinitely after Occupy Nashville helped bring national attention to the issue, a href=”http://thinkprogress.org/economy/2012/02/14/425255/helen-bailey-foreclosure/” target=”_hplink”Think Progress/a reports.

  • Foreclosure At Luxury Retirement Home

    Despite being billed as “cosmopolitan living for ages 60+,” the luxury a href=”http://www.huffingtonpost.com/2012/03/02/fox-hill-foreclosure_n_1314970.html” target=”_hplink”Fox Hill Senior Condominiums was threatened with foreclosure/a in March after its lenders said they were backing out.

  • Man Fined For Not Mowing His Old Lawn

    David Englett was charged with fines by the city of Arlington, Texas for not mowing the lawn of a href=”http://www.huffingtonpost.com/2012/03/02/david-englett_n_1317276.html” target=”_hplink”a house he had already lost to foreclosure years earlier/a.

  • 101-Year-Old Woman Evicted From Home

    Texana Hollis was evicted from her home due to foreclosure in September 2011, then a href=”http://www.huffingtonpost.com/2012/01/22/texana-hollis-evicted-detroit-woman_n_1222452.html?ref=foreclosure-crisis” target=”_hplink”denied a subsequent promise that she could move back in/a by the U.S. Department of Housing and Urban Development. It wasn’t until April 2012 that a href=”http://www.cbsnews.com/8301-201_162-57409700/texana-hollis-evicted-at-101-allowed-back-home/” target=”_hplink”she was finally granted permission to return to the home/a she’s lived in for 60 years.

  • BofA Forecloses On Woman After Telling Her To Miss Payments

    According to Pamela Flores, an Atlanta homeowner, a href=”http://www.huffingtonpost.com/2012/04/10/bank-america-foreclosure-miss-mortgage-payment_n_1414988.html” target=”_hplink”Bank of America advised her to stop making payments/a on her loan in order to negotiate a modification. After doing so, the bank foreclosed on her anyway, claiming she’d missed a trial payment

  • Mother, Disabled Daughter Forced Out Of Home Even After BofA Modification

    Dirma Rodriguez and her disabled daughtera href=”https://editorial.huffingtonpost.com/entry/?blog_id=2entry_id=1423883″ target=”_hplink” were forced to flee their home in minutes/a after Bank of America sold it to a flipper at a foreclosure auction, even though the bank had already modified her loan. But not all hope is lost; Rodriguez may get her home back after the Occupy Fights Foreclosure movement intervened.

Article source: http://www.huffingtonpost.com/2013/08/27/foreclosed-renters-homeless_n_3806745.html

Counseling services offer help on foreclosure advice

Counseling services offer help on foreclosure advice

Published 9:25am Tuesday, August 27, 2013

 

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Four housing and credit counseling agencies have joined together to offer foreclosure prevention, pre-purchase and reverse mortgage counseling across Alabama.

With funding from the Office of Attorney General Luther Strange, the Alabama Housing Stability Counseling Collaborative will offer free help to Alabama homeowners who are delinquent in their mortgage, want to obtain a reverse mortgage to avoid foreclosure, or are interested in becoming a first time home-buyer.

Led by Gateway Financial Freedom in Birmingham, partners in the Collaborative include Consumer Credit Counseling Service of the Tennessee River Valley in Huntsville, Consumer Credit Counseling Service of Alabama in Montgomery, and Lifelines/Consumer Credit Counseling Service of Mobile.

The agencies have more than 94 years combined housing and credit counseling experience and are members of the National Foundation for Credit Counseling, approved by the U.S. Department of Housing and Urban Development, and licensed by the Alabama Securities Commission. All are nationally accredited by the Council on Accreditation, and are members of the Better Business Bureau with an A+ rating.

“We are excited to be able to help families in North Alabama who are having trouble making their mortgage payments,” coordinator Rhonda Williams said.

“We can offer options including loan modifications or financial assistance to become current on your mortgage. Please call our Huntsville Office for Consumer Credit Counseling Service at (256) 881-1000 to discuss eligibility and set an appointment.”

The partners will offer financial coaching, pre and post-purchase housing counseling, mortgage foreclosure and eviction prevention counseling, reverse mortgage counseling, and financial and pre-home-ownership education workshops. Services vary by location.

Homeowners facing delinquency or would like to receive other assistance in any of 67 Alabama counties are eligible to apply for services. The program started August 1. At all locations, you must call ahead for an appointment. A limited number of homeowners may receive financial assistance paid directly to their lender if they meet certain eligibility requirements.

“We look forward to working with the Office of the Attorney General for the benefit of Alabama consumers—helping them to obtain or retain the dream of homeownership, and building their wealth to become self-sufficient,” said chairman of the Collaborative Doug Horst, from Gateway Financial Freedom.

Funding was made available by Attorney General Strange’s participation in last year’s $25 billion joint federal-state agreement with the nation’s five largest mortgage servicers over foreclosure abuses and fraud, and unacceptable nationwide mortgage servicing practices.

 

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Article source: http://www.franklincountytimes.com/2013/08/27/counseling-services-offer-help-on-foreclosure-advice/

We Buy Houses Tampa Company Creates Foreclosure Options for Homeowners

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Homes for Rent in Tampa, FL

DJSlane

A cash offer is one method in use to relieve homeowners of their mortgage to help avoid post foreclosure credit issues that can prevent buying or renting another property.

Tampa, FL (PRWEB) August 25, 2013

The South Florida area is one part of the country that has been affected by the foreclosure crisis since the year 2008. The McIntyre Investment Properties company is now creating foreclosure options for owners of homes through its we buy houses Tampa services launched and profiled at http://realestatenewswire.com/rent-to-own-tampa-homes .

The Real Estate News Wire company has profiled this emerging company and examined the processes used to help avoid foreclosure.

Some owners of homes have already exhausted all known government programs for relief and could be facing imminent foreclosure, according to the report published online.

“Sometimes the only option that homeowners have is to sell or walk away from a property when the mortgage cannot be paid,” a source from the RealEstateNewsWire.com company said.

The McIntyre Investment Properties company website now accessible at http://wecanbuytampahouses.com promotes the new buying services that are offered to owners to help avoid the process of foreclosure in Tampa and other South Florida cities. This resourceful website explains the programs available and provides instant contact information.

“A cash offer is one method in use to relieve homeowners of their mortgage to help avoid post foreclosure credit issues that can prevent buying or renting another property,” the source added.

The recent profile published by the Real Estate News Wire company references the existing services offered by the McIntyre Investment Properties company to buyers of homes.

This company has created plans to help finance property purchases of its owned properties for buyers who cannot qualify for a standard mortgage based on credit approvals.

About McIntyre Investment Properties Inc.

The McIntyre Investment Properties Inc. company provides immediate services to homeowners facing a foreclosure in the Tampa area by offering to purchase homes to avoid bank or lender sales. This company is staffed by experts in alternative transactions in real estate and also sells homes to buyers.

About Real Estate News Wire

The Real Estate News Wire company is a growing resource for real estate industry news and information for investors. This company has put forth its daily published content that is now distributed in key housing markets to introduce homeowners, investors and others to emerging concepts in real estate nationwide.

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Article source: http://www.prweb.com/releases/we-buy-houses-tampa/fl-foreclosure-homes-sale/prweb11039011.htm

Diversion of foreclosure money for demolition will help save neighborhoods …

April 2013: vacant and abandoned properties in Cuyahoga County.

The question is simple: How do you stabilize neighborhoods
that have been decimated by the blight created by the foreclosure crisis?

The
answer is not simple. 

It
requires multiple strategies and collaborations among residents,
politicians, neighborhood groups
political
entities
and nonprofits, along with the creative use of limited funding
sources.

The U.S. Treasury Department showed its willingness to think
outside the bureaucratic box
earlier this
month by agreeing to divert up to $60 million from the Hardest Hit Fund, a
federal foreclosure prevention initiative, to raze distressed properties in
Ohio. 

True, that decision wasn’t universally acclaimed. Cleveland City
Councilman Jeffrey Johnson argues a significant slice of the money should go toward rehabs. Jim Rokakis, founder and former head of the Cuyahoga County land bank, thought Ohio should have gotten more from the feds — on the order of the $100 million that Michigan was allotted.

The truth is that all those strategies should be followed. If Ohio burns through the $60 million for demolitions, it should apply for more.

The
number of vacant and abandoned eyesores eroding property values statewide dwarf
those federal dollars: In Cuyahoga County alone, there 26,725 vacant properties,
according to Frank Ford, senior policy adviser for the
Thriving
Communities Institute
. In Cleveland, there are 15,718, of which
7,761 are ripe for the wrecking ball, Ford said.

Demolitions
average $10,000, Ford estimates. Cleveland could swallow that $60 million and
still have thousands of zombie properties littering the landscape. And
that does not include East Cleveland and the rest of the state.

About our editorials

Plain Dealer editorials express the view of the editorial board – the publisher, editor and editorial-writing staff. As is traditional, editorials are unsigned and intended to be seen as the voice of the newspaper.

• Talk about the topic of this editorial in the comments below.

Send a letter to the editor, which will be considered for print publication.

• Email general questions or comments about the editorial board to Elizabeth Sullivan, opinion director for the Northeast Ohio Media Group.

Rehab
is another option. Even better is the foreclosure prevention
counseling funded by the federal Hardest Hit program.

Ohio
was allocated $570 million for that purpose, according to Bill Faith, executive director of the Coalition on
Homelessness and Housing in Ohio
. The money, administered
by the Ohio Housing Finance Agency, provides counseling to homeowners on the
brink of losing that roof over their heads. 

Faith
said that 12,012 homeowner have been helped by the program through July 2013.
“Of those, 36 homeowners or less than 0.5 percent have since lost their
homes to sheriff sale,” Faith wrote in an email.

“There
has been a bit of debate about demolition versus rehab and mortgage
workouts,” U.S. Rep. Marcy Kaptur of Toledo told Stephen Koff, Plain
Dealer Washington Bureau chief. “I am for an all-of-the-above
strategy.”

That’s
smart public policy and the only sure way forward.

Article source: http://www.cleveland.com/opinion/index.ssf/2013/08/diversion_of_foreclosure_money_for_demolition_will_help_save_neighborhoods_editorial.html

Former tax collector settles lawsuit after foreclosure (DOCUMENT)

Former Okaloosa County Tax Collector Chris Hughes and his wife, Robie, have been ordered to pay $266,556.14 to settle a lawsuit filed by Synovus Bank following the 2012 foreclosure of their Fort Walton Beach-area home.

Retired Circuit Judge Keith Brace issued a foreclosure judgment in the bank’s favor Aug. 1.

The agreement calls for the Hugheses to share “joint and several liability” for the settlement amount with a group called Wilshire Holding Group, according to their attorney, Greg Crosslin.

Read the final judgment.

Hughes and his wife paid Wilshire Holding Group $4,000 in September 2010 to assume ownership of their Mooney Road home.

Holding Group president Stuart Vener said then his company was working with the Hugheses on an alternative to either foreclosure or holding onto a home they could not afford.

“When people get underwater on their loan, they have three choices: They can make payments, they can walk away or we can help them walk away,” Vener said.

Wilshire Holding Group did not participate in the settlement agreement and is presently in default, Crosslin said.

“It does not appear to be a very reputable company,” he said.

Vener did not return phone calls Monday seeking comment.

If the bank chooses not to continue pursuing Wilshire, the Hugheses could be stuck paying the full settlement, Crosslin said.

When the suit was filed, six other Okaloosa County property owners had sold to Wilshire Holding Group, according to Okaloosa County property appraiser records. That number has since increased to 13.

Court records list Wilshire as a defendant in 14 Okaloosa County lawsuits.

Contact Daily News Staff Writer Tom McLaughlin at 850-315-4435 or tmclaughlin@nwfdailynews.com. Follow him on Twitter @TomMnwfdn.

Article source: http://www.nwfdailynews.com/local/former-tax-collector-settles-lawsuit-after-foreclosure-document-1.193269