News
| Foreclosures |
Assembly overturns veto of foreclosure information bill
January 7, 2010 Posted by Rhode Island RealEstateRama
Providence, RI - January 6, 2010 - (RealEstateRama) — Homeowners facing foreclosure are often desperate for help, but don’t know where to turn.
Reed Presses for Progress on Foreclosure Prevention Efforts
July 17, 2009 Posted by Rhode Island RealEstateRama
WASHINGTON, DC - July 16, 2009 - (RealEstateRama) — With housing foreclosures and delinquencies on the rise, U.S. Senator Jack Reed (D-RI) today outlined steps to help struggling homeowners at a Banking Committee hearing on “Preserving Homeownership: Progress Needed to Prevent Foreclosures.”
Reed Encouraged By Administration’s Efforts to Help Homeowners by Demanding More Accountability from Banks and Loan Servicers
July 13, 2009 Posted by Rhode Island RealEstateRama
WASHINGTON, DC - July 10, 2009 - (RealEstateRama) – As foreclosure rates around the country continue to rise, it has become increasingly difficult for many homeowners seeking to modify their mortgages to get a hold of their loan servicers.
Rhode Islanders Falling Prey to Mortgage Modification and Foreclosure Rescue Scams
June 22, 2009 Posted by Rhode Island RealEstateRama
Providence, RI - June 22, 2009 - (RealEstateRama) - Scams that promise to “rescue” troubled homeowners from foreclosure are popping up at an alarming rate nationwide. Here in Rhode Island, which is currently ranked 10th in the nation for foreclosure activity, distressed homeowners are at particularly high risk of predators.
Senators announce bill for foreclosure moratorium
March 4, 2009 Posted by Rhode Island RealEstateRama
Providence, RI - March 3, 2009 - (RealEstateRama) — In an effort to stem the swelling tide of house foreclosures in Rhode Island, a group of senators led by Sen. Charles J. Levesque today announced legislation to institute a 180-day moratorium on foreclosures in Rhode Island.
Langevin Calls for Halt to Foreclosures
February 24, 2009 Posted by Rhode Island RealEstateRama
Warwick, R.I. - February 18, 2009 - (RealEstateRama) – Congressman Jim Langevin (D-RI) sent a letter today to Rhode Island mortgage lenders urging them to suspend new foreclosure initiations against the state’s homeowners while the Obama Administration and Congress finalize their plan to stem the foreclosure crisis
Senate Banking Committee Approves Plan to Stem Tide of Foreclosures and Create Affordable Housing
June 2, 2008 Posted by Rhode Island RealEstateRama
WASHINGTON, DC -May 20, 2008 - The Senate Banking Committee today gave its stamp of approval to the Federal Housing Finance Regulatory Reform Act of 2008. This legislation will create and permanently fund a program to build and preserve affordable housing; allow an estimated 500,000 families to refinance into 30 year fixed mortgages with FHA […]

