Four bills authored by Representative Terry Katsma (R–Oostburg) passed in the Wisconsin State Senate on Tuesday including Assembly Bill (AB) 720, a bill that shortens Wisconsin’s cumbersome residential foreclosure process to the benefit of neighborhoods across the state. All four bills have also passed in the Assembly and are now headed to Governor Scott Walker for signature into law.
Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing, have agreed to a $2.1 billion joint, state-federal settlement with Attorney General J.B. Van Hollen, 48 additional states and the District of Columbia, and the Consumer Financial Protection Bureau (CFPB). Wisconsin consumers are projected to receive more than $13 million in reductions on mortgage principal and direct cash payments from Ocwen.
Attorney General J.B. Van Hollen announced today that more than $21.85 million dollars will be distributed to 14,723 Wisconsin residents who lost their homes to foreclosure. Payments are expected to be at least $1,480 for each foreclosed home. These payments are one aspect of relief under the National Mortgage Settlement, and will be mailed to eligible borrowers from June 10-17.
Attorney General J.B. Van Hollen, The Metro Milwaukee Foreclosure Mediation Program, Milwaukee County Chief...
Attorney General J.B. Van Hollen, Executive Director/Chief Mediator Debra Tuttle from the Metro Milwaukee Foreclosure Mediation Program (MMFMP), Milwaukee County Circuit Court Chief Judge Jeffrey Kremers and Circuit Court Clerk John Barrett gathered today with others at the Milwaukee County Courthouse to highlight the new and improved process in place for homeowners facing foreclosure and seeking mediation services. Wisconsin Department of Financial Institutions Secretary Peter Bildsten and Deputy Secretary Ray Allen also were in attendance in support of the program.
Attorney General J.B. Van Hollen and the Metro Milwaukee Foreclosure Mediation Program Announce New,...
MADISON - February 26, 2013 - (RealEstateRama) -- Attorney General J.B. Van Hollen and the Metro Milwaukee Foreclosure Mediation Program (MMFMP) announced today that a new, improved process is in place for homeowners facing foreclosure and seeking mediation services. Mediation is a confidential and voluntary process where the homeowner and the lender discuss options for resolving the foreclosure case, including reinstatement of the loan and possible modification of the loan terms
Newport Beach, CA - January 22, 2012 - (RealEstateRama) -- Built in 1909, the historic building at 1800 Jefferson Street is steeped in tradition but a campaign to sell it is every bit modern. Formerly St Luke’s grade school, the Marquette Manor Senior Apartments is being sold via an online auction on the Freedom Realty Exchange website, FRE.com.
WASHINGTON, DC - October 26, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to nine counties in Wisconsin and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding last month
Washington, D.C. - October 5, 2010 - (RealEstateRama) -- Today Wisconsin Senators Russ Feingold and Herb Kohl and Congresswomen Gwen Moore and Tammy Baldwin praised the Department of Housing and Urban Development’s (HUD) support for unemployed Wisconsinites who are at risk of foreclosure.
Washington, DC - October 5, 2010 - (RealEstateRama) -- Today, U.S. Congresswoman Gwen Moore (D-Milwaukee) announced that Wisconsin will receive more than $51.5 million to help keep unemployed homeowners in their homes.
Washington, DC - September 8, 2010 - (RealEstateRama) -- Today, U.S. Congresswoman Gwen Moore (D-Milwaukee) lauded an announcement that Milwaukee will receive nearly $2.7 million to help neighborhoods fix and maintain properties that are vacant due to foreclosure.
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