state grabs $7.7m of foreclosure settlementthe mortgage foreclosure fiasco has turned out to be a bonanza of sorts for mississippi state government. mississippi’s general fund will receive a $7.7 cash infusion from the national legal settlement state attorney general jim hood and 48 other attorneys general negotiated with giant mortgage servicers bank of america , citi, chase, gmac and wells fargo.a south jersey foreclosure counseling agency reluctantly closes shopthe residential mortgage-foreclosure crisis was good for business at ahome affordable homes in millville. make that too good: after several years of growth, the respected nonprofit agency, which had assisted at least 2,100 people facing foreclosure since 2009, laid off four counselors and several other staff members last month because its funding couldn’t keep up with the demand for services.foreclosure filings up in philadelphia regionphiladelphia and pennsylvania, along with new jersey, saw higher rates of foreclosure filings in april from a year ago, realtytrac reported thursday.foreclosure money to help state budgetout of $334 million in cash payments sent to florida in a multibillion dollar mortgage settlement with major banks, more than $33 million will help bolster the state's budget. |
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