Mortgage Group: New Jersey Leads Nation In Home ForeclosuresWhile the country as a whole is seeing fewer homes in foreclosure, New Jersey has overtaken Florida as the state with the most.
HUD Secretary Announces Extended Mortgage Assistance For Sandy VictimsShaun Donovan, the U.S. Secretary of Housing and Urban Development, said that families who are rebuilding and have FHA loans can put off making their mortgage payments for another 12 months.
Want A Good Deal On A Home In N.J.? Foreclosures Proving AppealingHome foreclosures have skyrocketed since the financial crisis of 2007. And experts say now, more people than ever are stepping up and buying those houses.
Lenders Assail NJ's Threats To Halt ForeclosuresState Supreme Court Chief Justice Stuart Rabner made a splash in December when he ordered six of the nation's biggest mortgage lenders into court to show why their foreclosure operations shouldn't be suspended over reports of widespread irregularities.
NY To Hold Lawyers Accountable On ForeclosuresThe move comes amid an uproar over revelations that mortgage lenders nationwide cut corners on paperwork and legal procedure as they moved to seize millions of homes.
HUD Gives Long Island Big Boost To Help Housing MarketLong Island is getting a big boost to help the housing market. On Thursday, governments received an additional $5 million to buy and rehabilitate vacant, foreclosed homes and fight off neighborhood blight.
Housing Market Decline Stoking Fears In N.J.Investor fear is closely tied to the declining housing market and alarming unemployment rate. New Jersey has been hit hard and many homeowners wonder if they'll be able to sell their homes.