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ForeclosureGate.org Is A Public Service Homeowner Coalition and Cooperative, Created To Exchange News And Information And To Advance Justice For American Homeowners

You Do Not Have To Leave Your Pets Behind Currently there are over 1.6 million foreclosures and with the current economy, including credit crunch and job market, unfortunately there will be more in the near future. Sadly, pets are being left behind to fend for themselves and in many cases this results in starvation and death. These animals cannot survive on their own and simply do not deserve this treatment. The goal of foreclosurepets.org is to provide a FREE SERVICE where current homeowners can establish an account. Once the account is set up, they will be able to post their pets information, including photos, description, and contact information in order to find them a temporary home or a new family.

CA: Dual-Tracking Banned, Cancellations Surge 62%

Foreclosure

Judge lifts restraining order against St. Louis County foreclosure ordinance A new St. Louis County ordinance that requires banks to participate in mediation before foreclosing on residents can go into effect, a judge ruled Wednesday. Associate Circuit Judge Brenda Stith Loftin lifted a temporary restraining order Wednesday. Lenders and homeowners who request mediation will now be required to meet, though they will not have to reach an agreement. Failure to comply with the ordinance can result.

The number of foreclosures canceled by banks surged 62% across California last month, the same month major mortgage servicers were required to comply with new rules outlined by this years National Mortgage Settlement. Banks in the Golden State canceled 15,539 scheduled auctions last month, according to a report by website ForeclosureRadar.com. That was a 36.7% drop from the same month last year.

Home Resales Slip, Housing Recovery Still Eyed Home resales retreated in September from a two-year high, a reminder that America's housing sector is a long way from a full recovery despite recent signs of improvement. The National Association of Realtors said on Friday that existing home sales dropped a modest 1.7 percent last month to a seasonally adjusted annual rate of 4.75 million units, matching the median forecast in a Reuters poll.

Cash available for foreclosed homeowners People who lost their home to foreclosure from 2008 through 2011 should have received a letter by now saying theyre eligible to get cash under the national mortgage settlement stemming from the robosigning scandal. But because homeowners often are inundated by mailings regarding their foreclosure many of them from scam artists theres a danger that many either ignored their letters or threw away without realizing that this is the real deal.

Real Estate Agent Among 3 Charged in $1.5 Million Fraud Case Three people have been arrested and charged with defrauding the Bank of America by convincing the bank that it had improperly foreclosed on a house, an alleged fraud that cost the bank and a title company $1.5 million. Saliya "Sal" DeSilva, 49, of Northridge, Vahe Hayrapetian, 45, of Burbank, and Nora Yefima, 50, of Santa Clarita were arrested.

Housing Prices and Income Inequality Why is the gap between rich and poor in America yawning ever wider? The issue is urgent. As my colleague Annie Lowrey writes, there is growing evidence that income inequality impedes economic growth. And one interesting explanation boils down to the high price of housing. A recent paper by researchers at Harvard University argues that the prohibitive cost of living in the areas with the greatest.

Elizabeth Warren II: Shes Baaaaaack as a U.S. Senator Look out, Wall Street: Shes baaaaaack. Elizabeth Warren, the Harvard professor and self-styled cop on the beat who protects consumers from Wall Street, left Washington last year after failing to gain enough Senate support to be confirmed as director of the new consumer financial protection agency she championed. Now, as if in a sequel, Warren will return to the U.S. capital having been remade into a senator herself just as Congress prepares its first revisions
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