Foreclosures

Foreclosures

Christie Administration Receives $1.1 Million to Support Foreclosure Prevention Counseling Efforts

TRENTON, NJ - May 20, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III, Chair of the New Jersey Housing Mortgage and Financing Agency (HMFA) today announced that HMFA has received $1.1 million to support New Jersey’s foreclosure prevention counseling efforts. The funding boost will enable HMFA to provide more foreclosure counseling than ever before to New Jersey homeowners in danger of foreclosure

Menendez Applauds Actions to Help NJ Homeowners Impacted by Hurricane Sandy

WASHINGTON, DC - April 15, 2013 - (RealEstateRama) -- U.S. Senator Robert Menendez, Chairman of the Senate Subcommittee on Housing, today praised HUD Secretary Donovan for moving forward on a series of measures to allow New Jersey homeowners impacted Super Storm Sandy to get back on their feet without having to face the prospect of foreclosure.

Andrews Introduces Bipartisan Bill to Speed Short Sales, Boost New Jersey Housing Market

Washington, D.C. - March 4, 2013 - (RealEstateRama) -- Congressman Rob Andrews (NJ-01) and U.S. Rep. Tom Rooney (FL-16) today introduced a bipartisan plan to spur growth in the housing market and prevent unnecessary foreclosures

Congressman Andrews Announces $1.34 Billion Dollars to New Jersey in Foreclosure Relief So Far

HADDON HEIGHTS, NJ - February 25, 2013 - (RealEstateRama) -- This week Congressman Rob Andrews announced that New Jersey residents have received $1.34 billion dollars in foreclosure relief so far from the largest mortgage abuse settlement in American history.

Acting Governor Kim Guadagno Announces Significant Milestone in Number of New Jersey HomeKeeper Program...

TRENTON, NJ - February 14, 2013 - (RealEstateRama) -- Acting Governor Kim Guadagno today announced that the New Jersey HomeKeeper Program has helped more than 2,300 New Jersey homeowners avert foreclosure since the program’s inception in May 2011. The New Jersey HomeKeeper Program is now awarding more than 250 loans each month after the Administration implemented such changes as expanded program eligibility, increased staffing, improved management and marketing, and more targeted outreach about the program.

Menendez, Boxer Reintroduce Bill to Help Responsible Homeowners Refinance

WASHINGTON, D.C. - February 7, 2013 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Barbara Boxer (D-CA) today reintroduced legislation to help millions of responsible homeowners refinance at lower rates and save thousands of dollars each year. The Senators originally introduced this legislation in the 112th Congress.

Menendez Calls for the Immediate Suspension of Foreclosures & Evictions for All New Jersey...

WASHINGTON, DC - November 14, 2012 - (RealEstateRama) -- U.S. Senator Robert Menendez (D-NJ) today called on the New Jersey Attorney General to issue a moratorium that would suspend foreclosure sales and evictions, delay the initiation of any foreclosure action, waive late payment charges and put a hold on credit reporting for borrowers with homes located in eligible disaster areas. Menendez is urging swift action to expand emergency mortgage payment relief to all New Jersey homeowners who have suffered damage to their home or experienced a disruption in income as a result of Hurricane Sandy

Lautenberg, Menendez Call State Failure to Help Homeowners Avoid Foreclosure Unconscionable

WASHINGTON, DC - October 1, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results.

Menendez, Lautenberg Call State Failure To Help Homeowners Avoid Foreclosure Unconscionable

WASHINGTON, DC - September 26, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS

WASHINGTON, DC - July 23, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes due to severe storms and straight-line winds last month.

Menendez, Representatives Call on GAO To Report on Foreclosure Reviews

WASHINGTON, DC - January 24, 2012 - (RealEstateRama) -- As Chairman of the Senate Subcommittee on Housing, Transportation and Community Development, Senator Robert Menendez (D-NJ) along with Representatives Maxine Waters (D-CA), Brad Miller (D-NC) and Luis Gutierrez (D-IL) have called on the non-partisan Government Accountability Office (GAO) to examine and investigate the design, implementation and eventual results of the foreclosure review process that the Office of the Comptroller of the Currency (OCC) and Federal Reserve are currently carrying out. Last month, Menendez presided over a hearing where he raised concerns over the fact that regulators were allowing banks under review to pick their own third party consultants to conduct the audits.

Brown Calls for End to Free Pass for Banks that Abandon Foreclosed Homes

CLEVELAND, OH - January 3, 2012 - (RealEstateRama) -- After a bureau of the U.S. Treasury Department released new guidelines that amount to a free pass for banks to abandon foreclosed homes—fostering crime and leaving local taxpayers on the hook—U.S. Sen. Sherrod Brown (D-OH) today called for tougher standards to prevent the needless evictions of Ohio families and to forestall neighborhood blight.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS

WASHINGTON, DC - December 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following severe storms in October.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS

WASHINGTON, DC - September 16, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding last month

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following Hurricane Irene.

Camden County Businessman Ordered to Repay $329,000 to Consumers Whose Homes Were Foreclosed Upon...

NEWARK, NY - August 12, 2011 - (RealEstateRama) -- A Superior Court Judge has determined that a Camden County businessman committed multiple violations of the state’s Consumer Fraud Act (“CFA”) when he misled homeowners in foreclosure into believing that they needed his help in obtaining surplus funds to which they were legally entitled.

DCA Neighborhood Stabilization Program Funding Rehabilitates Properties in Jersey City

JERSEY CITY, N.J. - August 3, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today joined State Senator Sandra B. Cunningham, Mayor Jerramiah T. Healy, and other officials at the ribbon cutting for 13 affordable housing units in Jersey City that received $1 million in Neighborhood Stabilization Program funds through the DCA. The grant is paid for with federal funds intended to stabilize neighborhoods hard hit by home foreclosures.

Sen. Menendez and Colleagues Urge Transparency in Foreclosure Practices

WASHINGTON, DC - July 20, 2011 - (RealEstateRama) -- In the wake of recent allegations that illegal foreclosure “robosigning” by banks is still rampant, U.S Senator Robert Menendez (D-NJ), Chairman of the Senate Subcommittee on Housing, Transportation, and Community Development, and nine additional Senators sent a letter today to the Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation urging the agencies to publicly release information regarding each mortgage servicer’s performance to prevent illegal foreclosure practices. An identical letter was sent by Rep.

Senators Urge OCC to Work with State Attorneys General, DOJ, and HUD to Hold...

WASHINGTON, DC - June 17, 2011 - (RealEstateRama) -- Today, a dozen U.S. Senators sent a letter to the Office of the Comptroller of the Currency (OCC) urging the agency to work with State Attorneys General, the U.S. Department of Justice (DOJ), and the U.S. Department of Housing and Urban Development (HUD) to hold mortgage servicers accountable for deficient servicing procedures and improperly foreclosing on homeowners and to develop a comprehensive solution to fix the broken foreclosure process.

Lautenberg, Menendez Announce Launch of Long-Awaited Program to Keep New Jersey Families in their...

NEWARK, NJ - May 10, 2011 - (RealEstateRama) -- U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) were very pleased today to announce that the New Jersey HomeKeeper program, which is federally-funded and state-administered, is launching on a statewide basis, after a successful two-month pilot period.

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Menendez Discusses Trump Tax Bill’s Devastating Effects on Homeowners, Housing Market...

U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Finance Committee, today held a conference call with NJ Realtors to explain the many problems with the Republican tax bill and the harmful impact it could have on New Jersey homeowners and the housing market.