Foreclosures

Foreclosures

AG Kilmartin Announces $1 .5 Million Grant to Rhode Island Housing to Ai d...

WASHINGTON, D.C. - April 3, 2013 - (RealEstateRama) -- Following up on last week’s announcement of a $150,000 grant to Housing Action Coalition of Rhode Island, Attorney General Peter F. Kilmartin today announced a $1.5 million dollar grant to Rhode Island Housing and the agency’s HUD-approved counseling center.

AG Kilmartin Announces $150,000 Grant to Housing Action Coalition of Rhode Island to Support...

WASHINGTON, D.C. - March 20, 2013 - (RealEstateRama) -- As part of the National Mortgage Settlement funding for local efforts to help homeowners facing foreclosure, Attorney General Peter F. Kilmartin today announced a $150,000 grant to the Housing Action Coalition of Rhode Island. Formerly known as the Statewide Housing Action Coalition, the Housing Action Coalition of Rhode Island is a non-profit advocacy group that works to develop, maintain and secure affordable living situations for low-income residents of Rhode Island.

AG Kilmartin Announces $215,000 in Rhode Island Homeowner Foreclosure Grants

WASHINGTON, D.C. - February 20, 2013 - (RealEstateRama) -- As part of the National Mortgage Settlement funding for local efforts to help homeowners facing foreclosure, Attorney General Peter F. Kilmartin today announced two grants totaling $215,000 to support mortgage foreclosure education and outreach to area community agencies. Attorney General Kilmartin announced a $155,000 grant to Progreso Latino to expand the agency's Better Living Project and a $60,000 grant to HousingWorks RI to research and report on foreclosures and foreclosure prevention programs over the next three years.

Reed Applauds CFPB’s New Rules to Restrict “Dual-Track” Foreclosures

WASHINGTON, DC - January 18, 2012 - (RealEstateRama) -- Key provisions championed by U.S. Senator Jack Reed (D-RI) to help protect consumers from questionable mortgage practices will be going into effect as part of the Consumer Financial Protection Bureau’s (CFPB) new rules against foreclosure abuses

AG Kilmartin Reports on National Mortgage Settlement Progress

November 19, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today reported on the progress made by the five mortgage service providers (Ally/GMAC, Bank of America, Citi, JPMorganChase, and Wells Fargo) at the center of the National Mortgage Settlement. According to the information provided by the five mortgage service providers, 1,019 Rhode Island homeowners have received financial relief, valued at $73,165,044. In addition, another 896 Rhode Island homeowners are in the process of receiving financial relief, including first lien modifications and refinancing

HUD SECRETARY ANNOUNCES FORECLOSURE PROTECTION FOR DISPLACED RHODE ISLAND STORM VICTIMS

WASHINGTON, DC - November 6, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Rhode Island and provide support to homeowners and low-income renters forced from their homes due to Hurricane Sandy.

AG Kilmartin Grants Rhode Island Legal Services $1.57 Million to Support Two-Year Foreclosure Prevention...

September 20, 2012 - (RealEstateRama) -- To assist low and middle income families facing foreclosure, Attorney General Peter Kilmartin today announced a two-year, $1.57 million grant to Rhode Island Legal Services (RILS) to fund the Foreclosure Prevention Project.

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

June 20, 2012 - (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 Wednesday, June 27, 2012 from 5:00 p.m. – 8:00 p.m. at the Roger Williams Park Casino in Providence

RI to Receive Additional $634,000 in Foreclosure Prevention Funds

PROVIDENCE, RI - April 4, 2012 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that Rhode Island will receive an additional $634,342...

Senators Introduce Preserving Homes and Communities Act of 2011

WASHINGTON, DC - March 7, 2011 - (RealEstateRama) -- In an effort to protect consumers, increase transparency in the foreclosure process, and hold banks and servicers accountable for providing relief to qualified homeowners, U.S. Senator Jack Reed (D-RI) today introduced the Preserving Homes and Communities Act of 2011 based on similar legislation Reed introduced in 2009

RI to Receive an Additional $22.8 Million in Foreclosure Prevention Assistance

PROVIDENCE, RI - September 27, 2010 - (RealEstateRama) -- U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) and Congressman Jim Langevin (D-RI) today announced that Rhode Island will receive an additional $22.8 million in federal “Hardest Hit”

Rhode Island Housing and Partners Propose Foreclosure Relief Programs

Providence, RI - June 2, 2010 - (RealEstateRama) -- Thousands of Rhode Islanders who are struggling to keep their homes will be eligible for financial help from the U.S. Treasury by early autumn of this year.

New Campaign Empowers Rhode Island Homeowners to Combat Loan Modification Scams in 2010

Providence, RI - April 7, 2010 - (RealEstateRama) -- For the growing number of Rhode Island homeowners who face the possibility of foreclosure, a new public education campaign is providing vital information to guard against loan modification scams, find trusted help and report illegal activity to authorities.

RI to Receive $43 Million in Federal Aid for “Hardest Hit” Housing Fund

WASHINGTON, DC - March 29, 2010 - (RealEstateRama) -- At the request of U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI), the Obama Administration today announced they are expanding their “Hardest Hit” federal housing aid program to Rhode Island, providing an additional $43 million in foreclosure prevention funding throughout the state.

Langevin, Rhode Island Housing Host Foreclosure Counseling Workshop

WARWICK, RI -- March 26, 2010 - (RealEstateRama) -- Congressman Jim Langevin, in conjunction with Rhode Island Housing, will host a Foreclosure Counseling Workshop at the Community College of Rhode Island Liston Campus on Saturday, March 27.

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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