New Jersey 101.5 » mortgages http://nj1015.com New Jersey News Sun, 19 May 2013 00:20:18 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Over 73,000 Homeowners Conned By Fraud Schemes, Feds Say http://nj1015.com/over-73000-homeowners-conned-by-fraud-schemes-feds-say/ http://nj1015.com/over-73000-homeowners-conned-by-fraud-schemes-feds-say/#comments Wed, 10 Oct 2012 03:09:20 +0000 Townsquare News Network http://nj1015.com/?p=177833 Federal investigators have charged 530 people for allegedly defrauding more than 73,000 desperate homeowners around the country who fell behind on mortgage payments, leaving them vulnerable to con artists offering to help them avoid foreclosure.

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]]> http://nj1015.com/over-73000-homeowners-conned-by-fraud-schemes-feds-say/feed/ 0 Phillip Spears, Getty Images Wells Fargo Settles Lending Discrimination Case for $175M http://nj1015.com/wells-fargo-settles-lending-discrimination-case-for-175m/ http://nj1015.com/wells-fargo-settles-lending-discrimination-case-for-175m/#comments Thu, 12 Jul 2012 16:40:35 +0000 Townsquare News Network http://nj1015.com/?p=134630 Wells Fargo Bank will pay at least $175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department announced Thursday.

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]]> http://nj1015.com/wells-fargo-settles-lending-discrimination-case-for-175m/feed/ 0 Justin Sullivan, Getty Images Residential Capital Mortgage Seeks Chapter 11 Protection http://nj1015.com/residential-capital-mortgage-seeks-chapter-11-protection/ http://nj1015.com/residential-capital-mortgage-seeks-chapter-11-protection/#comments Mon, 14 May 2012 12:30:15 +0000 Townsquare News Network http://nj1015.com/?p=103848 Ally Financial Inc.'s mortgage division known as ResCap is seeking Chapter 11 bankruptcy protection.

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]]> http://nj1015.com/residential-capital-mortgage-seeks-chapter-11-protection/feed/ 0 Flickr User BasicGov Sen. Menendez Wants Refinancing Changes for Homeowners http://nj1015.com/senator-menendez-wants-refinancing-changes-for-homeowners/ http://nj1015.com/senator-menendez-wants-refinancing-changes-for-homeowners/#comments Fri, 11 May 2012 09:21:56 +0000 Ilya Hemlin http://nj1015.com/?p=102777 New Jersey US Senator Robert Menendez is joining California Democrat Barbara Boxer to introduce legislation which is aimed at giving struggling homeowners a chance to refinance at lower rates and save money.

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]]> http://nj1015.com/senator-menendez-wants-refinancing-changes-for-homeowners/feed/ 0 Bank Of America Tests Rent Program For Struggling Homeowners http://nj1015.com/bank-of-america-tests-rent-program-for-struggling-homeowners/ http://nj1015.com/bank-of-america-tests-rent-program-for-struggling-homeowners/#comments Fri, 23 Mar 2012 16:30:54 +0000 Townsquare News Network http://nj1015.com/?p=77563 Bank of America has launched a pilot program that will allow some homeowners at risk of foreclosure to become renters and stay in their homes.

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]]> http://nj1015.com/bank-of-america-tests-rent-program-for-struggling-homeowners/feed/ 0 Bank of America Will Reduce Loans for Underwater Borrowers http://nj1015.com/bank-of-america-will-reduce-loans-for-underwater-borrowers/ http://nj1015.com/bank-of-america-will-reduce-loans-for-underwater-borrowers/#comments Fri, 09 Mar 2012 17:30:24 +0000 Townsquare News Network http://nj1015.com/?p=69939 Bank of America is providing mortgage relief to about 200,000 homeowners.

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]]> http://nj1015.com/bank-of-america-will-reduce-loans-for-underwater-borrowers/feed/ 0 (Flickr: lewisha1990) Obama: Mortgage Deal Turns Page on "Reckless" Era http://nj1015.com/obama-mortgage-deal-turns-page-on-reckless-era/ http://nj1015.com/obama-mortgage-deal-turns-page-on-reckless-era/#comments Fri, 10 Feb 2012 04:13:59 +0000 Townsquare News Network http://nj1015.com/?p=54535 President Barack Obama says a $25 billion settlement between mortgage lenders and states over foreclosure abuses "will begin to turn the page on an era of recklessness that has left so much damage in its wake."

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