Foreclosures

Foreclosures

Biondi On Jump In Foreclosure Filings: Corzine Out Of Touch With Middle Class

Trenton, NJ - September 9, 2009 - (RealEstateRama) -- Assembly Republican Conference Leader Pete Biondi issued the following statement in response to a Star Ledger report today that residential foreclosure complaints in New Jersey increased 43 percent in July over the same month last year:

New Jersey Foreclosures in July 2009 Are 6% Lower Than in July 2008 Says...

There were 1,041 new foreclosures scheduled for auction in New Jersey in July 2009. This is almost equal to June 2009 (1,036) and 6% lower than in July 2008 (1,107). Newark, NJ - August 25, 2009 - (RealEstateRama) -- PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in New Jersey for July 2009.

“Home Savers” and Misbehaviors! FBI Arrests Two in Foreclosure Scheme

NEWARK, NJ - August 5, 2009 - (RealEstateRama) -- It’s the type of story that is becoming increasingly more common: FBI Special Agent In Charge Weysan Dun announced today the arrests of GARTH CELESTINE, age 44, of 535 Dean Street, Apartment 515, Brooklyn, New York; and PHIL A. SIMON, age, 34, of Brooklyn – both better known collectively as “Home Savers Consulting Corporation”.

NJAR® Hosting Educational Series on Buying a Home in Today’s Real Estate Market

Edison, NJ - June 3, 2009 - (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®), in partnership with The Star-Ledger, will kick off its educational seminar series on June 24 at the NJ Convention and Exposition Center at Raritan Center in Edison, with a free event from 6:00 to 8:00 p.m. The Clock is Ticking -- Time to Harness Your Home Buying Power will give attendees insight on the many different aspects of buying a home.

Free Homeownership and Foreclosure Forum

Morristown, NJ - June 2, 2009 - (RealEstateRama) — The Morris County Housing Authority is coordinating a Homeownership and Foreclosure Forum on June 18 from 9 a.m. to 3 p.m. at the Frelinghuysen Arboretum, 53 East Hanover Ave., in Morris Township.

Defendants Accused of Making False Promises to Gain Houses at Discounts

TRENTON, NJ - April 27, 2009 - (RealEstateRama) — Attorney General Anne Milgram announced today the filing of a lawsuit charging three individuals and two...

NJ Senator has been main proponent of funding help children remain in their schools...

ELIZABETH, NJ - February 20, 2008 - (RealEstateRama) — In the economic recovery package passed on Friday, U.S. Senator Robert Menendez (D-NJ), with the support of Senator Edward Kennedy (D-MA) and Senator Patty Murray (D-WA), secured $70 million in federal funding for a program to help schoolchildren uprooted by foreclosures to remain in their schools and receive educational assistance.

NJAR® Encourages Consumers to Explore Short Sales as an Alternative to Foreclosure

Edison, NJ - February 17, 2009 - (RealEstateRama) – In today's unsteady economy, many homeowners experiencing financial difficulty have turned to a short sale as a means of avoiding a foreclosure.

New programs aimed at keeping families in their homes

Trenton, NJ - January 9, 2009 - (RealEstateRama) – To reduce foreclosures and further assist New Jersey homeowners at risk of losing their homes, Governor Jon S. Corzine today signed the Mortgage Stabilization and Relief Act into law. The legislation, (S-1599/A3506), which is another component of the Governor's Economic Assistance and Recovery Plan, establishes the Mortgage Stabilization Program and the Housing Assistance and Recovery Program.

Statewide Mortgage Foreclosure Mediation Program Launched

Trenton, NJ - January 9, 2009 - (RealEstateRama) – A new state-supported mortgage foreclosure mediation program is in place to help the thousands of New Jersey homeowners facing foreclosure throughout the state, Gov. Jon S. Corzine, Chief Justice Stuart Rabner and Attorney General Anne Milgram announced today.

NJAR® to Work with Public Advocate to Educate Members on Tenants’ Rights During a...

Edison, NJ- December 22, 2008 - (RealEstateRama) – New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE issued the following statement in reaction...

Attorney General Sues Foreclosure Rescue Operations for Fraud and Racketeering

TRENTON, NJ - October 20, 2008 - (RealEstateRama) — Attorney General Anne Milgram today announced the filing of lawsuits charging a total of 37...

“HOPE for Homeowners” to Provide Foreclosure Relief in New Jersey

New Federal Program Offers Affordable Refinance Options Robbinsville, NJ - October 17, 2008 - (RealEstateRama) — New Jersey homeowners who may be feeling the pinch...

DCA, HMFA, DOBI & NEIGHBORWORKS® AMERICA ANNOUNCE NEW MEASURES TO COMBAT FORECLOSURE CRISIS

TRENTON, N.J. – Along with Department of Banking and Insurance Commissioner Steven M. Goldman and Housing and Mortgage Finance Agency (HMFA) Executive Director Marge...

HMFA Receives Nearly $1 Million From National Foreclosure Mitigation Program

Funds to Help Support Foreclosure Prevention Counseling Efforts TRENTON, N.J. – March 10, 2008 - Along with Housing and Mortgage Finance Agency (HMFA) Executive Director...

State Agencies, Financial Institutions Announce Partnership, Refinance Program to Address Mortgage Crisis

Foreclosure prevention is goal for New Jersey HOPE alliance TRENTON, NJ - October 31, 2007 - The Commissioners of the New Jersey Departments of Banking and Insurance (DOBI)...

Package of legislation will arm homebuyers with knowledge, information to avoid bad loans

WASHINGTON, October 10, 2007 – Standing at the house of a Newark homeowner whose adjustable rate mortgage has skyrocketed recently, U.S. Senator Robert Menendez (D-NJ)...

Buying Foreclosures: Deal or No Deal?

BOUND BROOK, N.J., Sept. 27 /PRNewswire/ -- Buyers and would-be investors often look to foreclosure sales to find real estate bargains. But newcomers to...

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

Flame Cut Steel Establishes New Home in Irvington

When Ramesh Nuthi was looking for a permanent location for his manufacturing business in 2015, he turned to the New Jersey Economic Development Authority (EDA) for support. With just over $645,000 in EDA direct loan funds in hand, Nuthi was able to establish Flame Cut Steel’s new home in an 18,291-square-foot facility in Irvington and purchase new machinery to help expand the company’s services