Irvington, N.J., is moving forward with plans to become the second municipality in the nation to use eminent domain to buy mortgages that are in foreclosure.
Similar action was being sought against Bank of America but has been suspended after the bank and the AG reached an agreement.
One measure would require banks to negotiate a settlement with homeowners in foreclosure limbo. The other would impose criminal penalties for those committing fraudulent foreclosure practices.
Just like in “The Wizard of Oz”, Rocky Point residents say they fear being crushed by a falling house, a condemned vacant house teetering on the edge of a cliff worn away by erosion.
A new program has been helping Superstorm Sandy victims keep their homes out of foreclosure.
Mortgage rescue scams are on the rise on Long Island, where housing officials are issuing an alert.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
Mayor James Altadonna has proposed a new law that would charge a bank $500 every time a village employee has to clean up an unkempt property.
Homes and businesses in Nassau County are suing for property tax refunds of $102-million that they have yet to receive.
At WCBS Newsradio 880, we continue our countdown of the top 11 Tri-State Area news stories of 2011 with one that “occupied” so much our time and one neighborhood park in Lower Manhattan.
A New Jersey judge has ruled that four major banks can resume uncontested foreclosure actions in the state under court monitoring.
In southeastern Queens neighborhood of Cambria Heights, realtor Richard Gibbs says he wishes there was some way to wall off the short sales and foreclosures weighing on prices.
Are you facing foreclosure? Some free help could be there for you.
The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell 1.3 percent in October from September.
Lenders including Wells Fargo, JPMorgan Chase and Citibank, will have to appear in court next month and defend their foreclosure practices.