News
Foreclosures

Rep. Esty Helps Veteran Recover over $16,000 in Social Security Benefits; Avoid Foreclosure

NEW BRITAIN, CT – February 26, 2014 – (RealEstateRama) — This week, Rep. Elizabeth Esty (CT-5) shared a “Constituent Corner” story from Thomas Campbell of Danbury. Mr. Campbell, a former Marine who was awarded a Purple Heart for his service, went months without receiving his Social Security benefits. Two months behind on his mortgage, Mr. [...]

Attorney General: 6,300 Homeowners Helped By National Mortgage Foreclosure Settlement

WASHINGTON, D.C. – August 22, 2013 – (RealEstateRama) — Attorney General George Jepsen today called the $25 billion mortgage foreclosure settlement with the nation’s five largest mortgage loan servicing companies a “tremendous success” for providing mortgage relief benefits of approximately $450 million to nearly 6,300 Connecticut borrowers

DeLauro Reintroduces Legislation to Protect American Homeowners

WASHINGTON, DC – June 27, 2013 – (RealEstateRama) — Congresswoman Rosa DeLauro (D-CT) reintroduced the Regulation of Mortgage Servicing Act today, a bill that will establish clear, national standards for mortgage lenders and help struggling homeowners avoid foreclosure

Eligible Connecticut Borrowers Who Lost Homes to Foreclosure To Receive Nearly $7 Million from National Settlement

WASHINGTON, D.C. – June 5, 2013 – (RealEstateRama) — Attorney General George Jepsen said today that as a result of the national mortgage foreclosure servicing settlement, nearly $7 million is being distributed in Connecticut to approximately 5,000 Connecticut borrowers who lost their homes to foreclosure.

Connecticut Homeowners Continue To Benefit from National Mortgage Foreclosure Settlement

WASHINGTON, D.C. – May 21, 2013 – (RealEstateRama) — Attorney General George Jepsen said Connecticut’s distressed homeowners continue to benefit from first-lien principal reductions and other mortgage relief programs resulting from the $25 billion national mortgage foreclosure settlement announced last year

Help for Homeowners Facing Threat of Foreclosure

Conn. – April 3, 2013 – (RealEstateRama) — Casa, Dom, La Maison, Home…Connecticut’s Emergency Mortgage Assistance Program (EMAP) may be the key to help you keep it. Connecticut Housing Finance Authority (CHFA) is accepting applications for the Emergency Mortgage Assistance Program (EMAP) available for city and area homeowners who are or facing foreclosure or having trouble making their mortgage payments due to a temporary financial hardship.

Attorney General Says Help to State Homeowners Running Ahead of Earlier Mortgage Relief Estimates

WASHINGTON, D.C. – February 21, 2013 – (RealEstateRama) — Attorney General George Jepsen said Connecticut’s distressed homeowners are on track to receive significantly more mortgage relief from the $25 billion national mortgage foreclosure settlement than anticipated when the settlement was announced last year.

Musto Seeks to Change Title Rules in Foreclosure Cases

March 8, 2011 – (RealEstateRama) — Amidst national reports of shoddy paperwork processing that led to suspended foreclosure proceedings at many major lenders, state Senator Anthony Musto (D-Trumbull) is pushing legislation that would require banks to perfect their legal right to property before they can file a foreclosure action.

Duff Welcomes Funding for Mortgage Job Training Program

December 6, 2010 – (RealEstateRama) — A $1.3 million grant for the state’s Mortgage Crisis Job Training Program is expected to gain approval when the State Bond Commission meets later this week, news that state Senator Bob Duff (D-Norwalk), Senate chair of the General Assembly’s Banks Committee, welcomed today.

Attorney General To Help Lead Multistate Investigation Of Defective Foreclosure Docs

October 13, 2010 – (RealEstateRama) — Attorney General Richard Blumenthal announced today that his office will help lead a multistate investigation into allegedly defective legal documents filed by banks in thousands of foreclosures nationwide.

Attorney General Asks CT Courts To Freeze Home Foreclosures 60 Days Because Of Defective Docs

October 1, 2010 – (RealEstateRama) — Attorney General Richard Blumenthal today asked the state Judicial Department to freeze all home foreclosures for 60 days because of defective document filings and institute measures to assure the integrity of future filings.

Duff: Foreclosures, Short Sales No Longer Subject to Real Estate Conveyance Tax

September 28, 2010 – (RealEstateRama) — Beginning this Thursday, homeowners facing foreclosure or short sale of their property will no longer be subject to the state’s real estate conveyance tax, state Senator Bob Duff (D-Norwalk), Senate chair of the General Assembly’s Banks Committee said today

Attorney General Investigating Defective GMAC/Ally Foreclosure Docs, Demands Halt To Its CT Foreclosures

Hartford, CT – September 27, 2010 – (RealEstateRama) — Attorney Richard Blumenthal announced today his office is investigating defective foreclosure documents filed by GMAC/Ally Finance, Inc. in Connecticut and demanding the company freeze all foreclosures in the state.

Obama Administration Awards Additional $9.3 Million to Stabilize Connecticut Neighborhoods Hard-Hit by Foreclosure

WASHINGTON, DC – September 10, 2010 – (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today awarded an additional $9,322,756 million in funding to Connecticut communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local communities in Connecticut acquire, redevelop or demolish foreclosed properties. (See below for a complete list of Connecticut funding)

Gomes & Musto, Advocates, Detail Assistance Available for Those Facing Home Foreclosure

Bridgeport, CT – August 26, 2010 – (RealEstateRama) — Nearly one in 12 homeowners in Connecticut in foreclosure or more than 90 days late on their mortgage payments, according to a recent report issued by the foreclosure-tracking firm RealtyTrac. Connecticut currently has the 20th highest foreclosure rate in the country, and the city of Bridgeport has the highest rate of any city in the state, with 98 new foreclosure actions initiated in July alone