Real Estate News – August 29, 2011
People struggling to keep their homes due to job struggles will have more time to seek government assistance, according to the Department of Housing and Urban Development (HUD) (via thehill.com):
Foreclosure Prevention Assistance Plans Sought By Homeowners After HAMP As Recent Reports Show Mixed Data (via rwbpress.com): http://bit.ly/nSEkF6
Virginia Attorney General Ken Cuccinelli announced a settlement on Thursday with a Virginia Beach, Va.-based mortgage loan modification company for allegedly charging illegal advance fees (via legalnewsline.com): http://bit.ly/oOSc44
The number of people who signed contracts to buy homes fell in July, further evidence that the depressed housing market remains a drag on the economy (via AssociatedPress): http://bit.ly/pmhiPj
The McNary Estates Homeowners Association violated the Fair Housing Act by not accommodating a developmentally disabled boy, a Marion County judge ruled last week (via keizertimes.com): http://bit.ly/rn7fQl