Foreclosures

Foreclosures

Rhode Island Housing Opens New HelpCenter and Hardest Hit Fund Office in Warwick

Governor Gina Raimondo, U.S. Senators Jack Reed and Sheldon Whitehouse, Congressmen Jim Langevin and David Cicilline, Attorney General Peter F. Kilmartin and mayors from Rhode Island cities and towns affected by the housing and foreclosure crisis joined Rhode Island Housing to announce the grand opening of Rhode Island Housing’s HelpCenter and Hardest Hit Fund office in Warwick and to discuss the deployment of more than $36 million in additional funding for the Hardest Hit Fund Rhode Island (HHFRI) program. These funds were allocated to Rhode Island by the U.S. Treasury earlier this year to help families avoid losing their homes, stabilize neighborhoods, and prevent the spread of foreclosures

President Signs Whitehouse Bill to Protect Servicemembers and Veterans from Foreclosure

Last night, President Barack Obama signed into law Senator Sheldon Whitehouse’s Foreclosure Relief and Extension for Servicemembers Act, extending key foreclosure protection to those who serve. The legislation had passed both houses of Congress with unanimous support. Whitehouse released the following statement on the bill’s signing.

Whitehouse Statement on $9.68 Million in Funding to Protect Rhode Islanders from Foreclosure

Rhode Island received $9.68 million from the U.S. Department of the Treasury’s Hardest Hit Fund program to help protect homeowners from foreclosure and assist communities still recovering from the housing crisis. U.S. Senator Sheldon Whitehouse, who voted in favor of the legislation that authorized this funding and helpedconvince the Treasury Department to assist homeowners and communities in states like Rhode Island, released the following statement on the award:

Cicilline, Langevin Announce Nearly $9.7 Million in Hardest Hit Funds, Encourage Rhode Islanders Facing...

Building on their strong record of helping families who are facing the threat of foreclosure, U.S. Congressmen David N. Cicilline and Jim Langevin today announced that Rhode Island will receive almost $9.7 million in new federal funding from the U.S. Department of the Treasury.

Attorney General Kilmartin Reaches $470 Million Joint State-Federal Settlement with HSBC to Address Mortgage...

Attorney General Peter F. Kilmartin today announced a $470 million joint state-federal settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing, and foreclosure abuses

Senate Approves Whitehouse Bill to Protect Servicemembers from Foreclosure

Last evening, the U.S. Senate unanimously approved Senator Sheldon Whitehouse’s bill to keep military servicemembers and veterans out of foreclosure and in their homes after transitioning from active duty

Senate Approves Whitehouse Bill to Protect Servicemembers from Foreclosure

Last evening, the U.S. Senate unanimously approved Senator Sheldon Whitehouse’s bill to keep military servicemembers and veterans out of foreclosure and in their homes after transitioning from active duty.

Rhode Island Housing Awards $2.65 Million in HOME Program Funds

Rhode Island Housing’s Board of Commissioners today approved more than $2.3 million in new HOME Investment Partnerships Program funding for six proposed affordable housing developments and an additional $350,000 for a previously funded affordable housing development. The awards are expected to leverage nearly $40 million in other public and private funding sources to support the construction and rehabilitation of more than 160 units in communities across Rhode Island.

During Annual Veterans Breakfast, Whitehouse Announces Bill to Protect Servicemembers from Foreclosure

On Saturday, during his 8th Annual Veterans Breakfast and Resource Fair at the Rhode Island National Guard Armory, U.S. Senator Sheldon Whitehouse presented medals to a Korean War veteran from Pawtucket, heard from veterans and their families about the issues they face, and announced legislation to protect servicemembers from losing their homes to foreclosure.  Whitehouse introduced the legislation in the Senate on Thursday.

Whitehouse Introduces Bill to Protect Servicemembers from Foreclosure

As the nation prepares to honor veterans and servicemembers during this Memorial Day weekend, U.S. Senator Sheldon Whitehouse has introduced legislation to help keep military families in their homes by protecting them against foreclosure following active duty. The Foreclosure Relief and Extension for Servicemembers Act of 2014 (S. 2404) would ensure that troops who serve active duty are protected against losing their home for one year following the completion of their service in the field

‘Just cause’ bill would protect tenants from improper eviction

Rep. John G. Edwards (D-Dist. 70, Portsmouth, Tiverton) and Sen. Harold M. Metts (D-Dist. 6, Providence) have filed bills that would prevent banks from evicting tenants living in foreclosed homes until they sold the house to a new owner

Edwards, Metts will hold press conference on ‘just cause’ bill regarding tenant eviction

Rep. John G. Edwards (D-Dist. 70, Portsmouth, Tiverton) and Sen. Harold M. Metts (D-Dist. 6, Providence) will be holding a news conference to address tenants’ rights during the foreclosure process on Thursday, Jan. 30, at 2 p.m. in the rotunda of the State House.

AG Kilmartin Announces $2.1 Billion National Settlement with Ocwen Financial Corporation for Abuses Over...

WASHINGTON, D.C. - December 20, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today joined the federal Consumer Financial Protection Bureau (CFPB) and 48 additional attorneys general to announce a two billion dollar settlement with Ocwen Financial Corporation (Ocwen), and its subsidiary, Ocwen Loan Servicing, for its role in mortgage foreclosure abuses and deceptive mortgage servicing practices.

AG Kilmartin and Mayor Taveras Host Mortgage Foreclosure Prevention and Loan Modification Workshop

WASHINGTON, D.C. - October 3, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin and Providence Mayor Angel Taveras, in partnership with the Loan Modification Scam Alert campaign, will host a free mortgage foreclosure prevention and loan modification workshop on Saturday, October 5, 2013, 9:00 a.m. – 12:00 noon at the CCRI Providence Campus.

AG Kilmartin and Mayor Avedisian Host Mortgage Foreclosure Prevention and Loan Modification Scam Awareness...

WASHINGTON, D.C. - May 30, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin will join Warwick Mayor Scott Avedisian, mortgage service providers, HUD-certified housing counselors and several community housing groups, in partnership with the Loan Modification Scam Alert campaign, to host a free mortgage foreclosure prevention and loan modification scam awareness workshop on Saturday, June 15, 2013, 9:00 a.m. – 12:00 noon at the Crowne Plaza Hotel, 801 Greenwich Avenue, Warwick

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Rhode Island Treasury Reunited 8,860 People with $11.7 Million in Unclaimed...

The Office of Rhode Island General Treasurer Seth Magaziner reunited 8,860 people with $11.7 million in unclaimed property in the fiscal year that ended on June 30

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Langevin, Whitehouse Highlight Bill to Invest $170 Million in Fixing RI...

Congressman Jim Langevin and Senator Sheldon Whitehouse today joined with state, town, and labor officials by the Factory Bridge in West Warwick to call on Congress to pass the Strengthen and Fortify Existing (SAFE) Bridges Act. The SAFE Bridges Act was introduced in the Senate by Senator Jeanne Shaheen (D-NH), Whitehouse, and others last month and will be introduced in the House this week by Langevin. The bill would deliver up to $170 million to repair Rhode Island’s deficient and crumbling bridges and create construction jobs