state sites for foreclosure help

28 Sep


MEDIA CENTER

VIDEO

Home Front: California agency looks at ways to stem defaults ShareThis

Upstairs in Sacramento’s fashionable Senator Office Building, three full-time staffers and a steering committee of 12 are hurriedly crafting solutions to the raging mortgage crisis that neither banks nor the federal government has been able to stop. Read more…

Fighting for Mortgage Reform

http://www.youtube.com/v/PNU6WCSMPV0&hl=en&fs=1&

(Sacramento) One California state lawmaker is fighting to reverse the mortgage meltdown. State Assemblymember Ted Lieu (D-Torrance) says its time for financial institutions that have been bailed out by taxpayer dollars to do more to keep struggling homeowners in their homes. A new law authored by Assemblymember Lieu will force lenders to run a comprehensive loan modification program or face a 90 day foreclosure moratorium. And, Lieu says, his California Foreclosure Prevention Act is just the first step so hes introduced new legislation that will end some of the worst practices of the subprime loan industry. Heres more in this Assembly Web Report.

Foreclosure Relief Bill Headed to Governor’s Desk

http://www.youtube.com/v/XExe0-jcnGA&hl=en&fs=1&rel=0

(Sacramento) – Legislation by Assembly Speaker Karen Bass (D-Los Angeles) and Senate President pro Tem Don Perata (D-Oakland) providing immediate relief to homeowners caught in the mortgage crisis is on its way to the Governor’s desk. As we learn in this Assembly Web Report, SB 1137 would require lenders to contact property owners to attempt to avoid foreclosure, provide tenants additional time to move from a foreclosed property and mandate maintenance of foreclosed properties to diminish the impact on the value of neighboring homes. The legislation is an urgency measure, meaning it will become law once the Governor signs it.

Fixing the Foreclosure Crisis

http://www.youtube.com/v/rF8VKe_vK3g&hl=en&rel=0

(Sacramento) – As the mortgage meltdown in America continues to cause stress and strain for thousands of families, Assembly Democrats in the California State Legislature are working to reform the mortgage industry, hoping the proposed regulations will mitigate the financial pain. Led by Assembly Speaker Karen Bass (D-Los Angeles) and Assemblymember Ted Lieu (D-Torrance), Assembly Democrats have crafted a package of legislation designed  to change the way home loans are prepared and implemented. Here’s more on the Assembly Democrat’s mortgage crisis relief and reform package in this Assembly Web Report.

Assemblymember Caballero Helping Constituents With Mortgage Crisis Issues

http://www.youtube.com/v/R5pLho83XKw&rel=1

(Sacramento) – The sub-prime mortgage crisis continues to ravage families throughout California and the nation. Assemblymember Anna Caballero (D-Salinas) says in 2007 home foreclosures skyrocketed in her 28th Assembly District that includes portions of Monterey, San Benito , Santa Clara  and Santa Cruz counties.  A package of Democratic measures to relieve some of the problems in the mortgage industry  continues to move forward in the Assembly. As we learn in this Assembly Web Report, Assemblywoman Caballero is bringing helpful information directly to her constituents by hosting mortgage crisis forums throughout her district.

Assembly Democrats Take Action to Relieve Sub-prime Mortgage Crisis

http://www.youtube.com/v/QaooIYl2hd4&rel=1

(Sacramento) – As the sub-prime mortgage crisis continues to ravage families throughout the state and the nation Assembly Democrats are moving forward with legislation to help consumers who are in danger of losing their homes. Yesterday afternoon the Assembly Committee on Banking and Finance approved legislation from Assemblymembers Ted Lieu, Karen Bass and Alberto Torrico that will require lenders to report how they’re helping consumers who face possible foreclosure, that will keep “foreclosure consultants” from using predatory methods to take advantage of homeowners and that will require lenders to provide more and better notifications to homeowners of expected mortgage payment hikes.

Assembly Democrats on Mortgage Crisis

http://www.youtube.com/v/xHol_uxp1LQ&rel=0

(Sacramento) — Assembly Democrats, led by Speaker of the Assembly Fabian Núñez, are calling for a special legislative session to address the growing foreclosure crisis. The Speaker and the Assembly Democrats have introduced a package of bills designed to stem the rising tide of foreclosures and keep the problem from happening again in the future. As we learn in this Assembly Web Report the Center for Responsible Lending says nearly 180,000 California homes will be lost to foreclosure from the 826,900 sub-prime loans made in 2005-2006 alone. Thousands of families are suffering and California could lose nearly $3 billion in property tax revenue.

Stockton Foreclosure Rates Worst in Nation

http://mfile.akamai.com/14081/wmv/vod.ibsys.com/2007/1115/14600265.200k.asx

Stockton has the worst foreclosure rates in the nation for the third quarter of this year and Sacramento is not far behind.

Lawmakers Look for Foreclosure Fixes

http://mfile.akamai.com/14081/wmv/vod.ibsys.com/2007/1102/14498802.200k.asx

Part of the government’s new program encourages people to get help before they’re too deep in debt….Nov 02, 2007

Modesto Leads in Foreclosures Nationwide

http://mfile.akamai.com/14081/wmv/vod.ibsys.com/2007/0919/14145823.200k.asx

The sub prime lending mess created a housing bubble in the Sacramento Valley. In August, Modesto had more foreclosures than any other city in the nation….Sep 18, 2007

Bush Announces Initiatives for Mortgage Crisis

http://mfile.akamai.com/14081/wmv/vod.ibsys.com/2007/0831/14024625.200k.asx

President Bush announces several initiatives to address the escalating mortgage crisis and help homeowners who are facing foreclosure….Aug 31, 2007

All Stories on KCRA.com with Foreclosure in the heading

http://www.youtube.com/v/ge5mx3cyNLM&rel=0

Speaker Fabian Núñez on the Home Mortgage Crisis – part 1

http://www.youtube.com/v/t9kRZZxFkzI&rel=0

Speaker Fabian Núñez on the Home Mortgage Crisis – part 2

http://www.youtube.com/v/n1nQgiqHy44&rel=0

Speaker Fabian Núñez on the Home Mortgage Crisis – part 3

http://video.google.com/googleplayer.swf?docId=-6796823761430488459&hl=en

Assembly Banking and Finance Committee Chair Ted Lieu on the Home Mortgage Crisis

http://video.google.com/googleplayer.swf?docId=4566431094117868557&hl=en

Assembly Banking and Finance Committee Chair Ted Lieu on the Home Mortgage Crisis (part 2)

http://video.google.com/googleplayer.swf?docId=6265790924257265530&hl=en

Assemblymember Kevin de León on the Home Mortgage Crisis

http://video.google.com/googleplayer.swf?docId=-5026681319705120773&hl=en

Assembly Labor and Employment Committee Chair Sandré Swanson on the Home Mortgage Crisis

http://video.google.com/googleplayer.swf?docId=6654387921883820208&hl=en

Assembly Judiciary Committee Chair Dave Jones on the Home Mortgage Crisis

http://video.google.com/googleplayer.swf?docId=-9170833597049132957&hl=en

Assemblymember Kevin de León on the Home Mortgage Crisis (In Spanish)

http://video.google.com/googleplayer.swf?docId=7005864128976048040&hl=en

Assemblymember Kevin de León on the Home Mortgage Crisis – (part 2) (In Spanish)

AUDIO

NEWS

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: