Wisconsin RealEstateRama

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 announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.

The State of Wisconsin Building Commission approved several key projects today across the state including, but not limited to

Congressman Jim Sensenbrenner (R-WI) reintroduced the Private Property Rights Protection Act today. This bill would provide American citizens with the means to protect their private property from inappropriate claims of eminent domain. If a state or political subdivision of a state uses its eminent domain power to transfer private property to other private parties for the purpose economic development, the state would be ineligible for federal economic funds for two fiscal years following a judicial determination that the law has been violated. Additionally, the federal government would be prohibited from using eminent domain for economic development purposes.

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.

Madison - April 2, 2013 - (RealEstateRama) -- Governor Scott Walker proclaimed April as New Homes Month to highlight the economic impact each new house has on construction related jobs and to recognize the importance a home can have to a family

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

EUGENE, OR - February 13, 2013 - (RealEstateRama) -- IDX, Inc. welcomes Menomonee Falls, Wisconsin real estate broker Erika Kelbel to the growing network of professionals utilizing the remarkable IDX Broker software on their websites. Between the WordPress Plugin, which allows her to create her own blog, and the myAgent IDX application for iPhone, Kelbel has been given the tools and abilities to truly supply her clients with an unprecedented level of access to the Metro Milwaukee MLS (MetroMLS) database of listings. Never before has finding a home online been easier for potential Wisconsin buyers.

MADISON - January 31, 2013 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced today that he and other Attorneys General and the District of Columbia have reached a $120 million multi-state settlement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DOCX. The proposed consent judgment resolves allegations that the Jacksonville-based company, which primarily provides technological support to banks and mortgage loan servicers, “robo-signed” documents and engaged in other improper conduct related to mortgage loan default servicing.

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.