Attorney General Chris Koster today announced a settlement with Ocwen Financial Corporation of Atlanta and its subsidiary, Ocwen Loan Servicing that will mean principal reductions for Missourians as well as payments for up to 3,400 Missourians who lost their homes to foreclosure.
Attorney General Koster reminds Missourians about deadline to file foreclosure claims from National Mortgage...
Jefferson City, MO - January 14, 2012 - (RealEstateRama) -- Attorney General Chris Koster is reminding Missourians whose homes were foreclosed on between January 1, 2008, and December 31, 2011, and who qualify under the National Mortgage Settlement, that the deadline for filing a claim is January 18
Attorney General Koster announces 136-count criminal indictments related to robo-signing in mortgage industry
Jefferson City, MO - February 9, 2012 - (RealEstateRama) -- Attorney General Chris Koster today announced that a Boone County grand jury has handed down 136-count indictments against DOCX, LLC and its founder and former president, Lorraine Brown, for forgery and making a false declaration related to mortgage documents processed by DOCX.
Attorney General Koster announces preliminary support for proposed multistate settlement with mortgage servicing industry
Jefferson City, MO - February 9, 2012 - (RealEstateRama) -- Attorney General Chris Koster announced today that he has given preliminary support to a proposed multistate agreement with some of the largest financial institutions in the country to settle civil claims related to the national mortgage foreclosure crisis.
KANSAS CITY, MO - September 20, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, articipated in the Kansas City Black Expo this past weekend as part of its ongoing effort to assist the nation’s homeowners..
WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- The Department of Veterans Affairs (VA) announced today that special disaster assistance may be available to Veterans with VA-guaranteed home loans who have been affected by recent tornados in Missouri.
Jefferson City, MO - May 5, 2011 - (RealEstateRama) -- Attorney General Chris Koster said today he has obtained a consent judgment against a Greene County man who allegedly engaged in a foreclosure scam to trick vulnerable homeowners into transferring ownership of their homes to him and his associates.
ST. PETERS, MO - December 8, 2010 - (RealEstateRama) -- Officials from the St. Louis Fed recently joined state and county leaders to discuss the current foreclosure situation in St. Charles County and across the state; how crucial the stabilization of the housing market is to economic recovery, and how to best assist beleaguered borrowers.
November 18, 2010 - (RealEstateRama) -- Update on the Home Ownership and Foreclosures in St. Charles County (Sponsored by the Federal Reserve Bank of St. Louis, the University of Missouri-St. Louis and local partners. Hosted by St. Charles County Government.)
WASHINGTON, DC - August 19, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 29 counties in Missouri and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and tornadoes last month.
Jefferson City, MO - March 29, 2010 - (RealEstateRama) -- Attorney General Chris Koster said today his office has obtained judgments against two foreclosure rescue companies who allegedly took money from distraught homeowners and failed to provide promised services.
Jefferson City, MO - March 23, 2010 - (RealEstateRama) -- Attorney General Chris Koster today announced that the operators of a foreclosure-relief business will no longer be allowed to do business in Missouri or other states, thanks to a court settlement with Missouri, California and the Federal Trade Commission (FTC). US Foreclosure Relief Corp., George Escalante, Cesar Lopez and Adrian Pomery are permanently banned from selling mortgage loan modification or foreclosure relief services.
Jefferson City, MO - March 8, 2010 - (RealEstateRama) -- Attorney General Chris Koster said today the nation's financial crisis has led to rampant growth of foreclosure-rescue scams. Since he took office in January 2009, the Attorney General's Office has had 321 complaints of foreclosure fraud, compared with just 25 complaints in 2007 and 2008 combined, a more than one-thousand percent increase.
Jefferson City, MO - November 25, 2009 - (RealEstateRama) -- Attorney General Chris Koster said today he is suing a Florida company that took money from distressed Missouri homeowners without providing any meaningful mortgage-modification service. Koster joined the Federal Trade Commission and the state of Iowa in taking legal action against the company
House Passes Rural Homeowners Protection Act Clay’s Legislation Will Help Rural Families Refinance Mortgages...
Washington, DC - July 30, 2009 - (RealEstateRama) -- The U.S. House has passed legislation authored by Congressman Wm. Lacy Clay (D) Missouri, which will make refinancing easier for rural homeowners who hold mortgages issued by private lenders. H.R. 2043, the Rural Homeowners Protection Act of 2009, will allow rural families to refinance mortgages obtained from private lenders through a provision of a USDA guaranteed loan program.
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