TV News LIES

Wednesday, Aug 05th

Last update04:08:16 AM GMT

You are here News Economy NJ to Suspend Tens of Thousands of Foreclosure

NJ to Suspend Tens of Thousands of Foreclosure

E-mail Print PDF

The banks involved include Bank of America, Ally (formerly GMAC), JP Morgan Chase, One WestBank (formerly Indybank), Citibank, and Wells Fargo.

Together, they filed 29,000 foreclosure notices so far this year, nearly half of the 65,000 to date.

In addition, the Court is demanding that two dozen smaller lenders prove that they are on the up and up with all of their foreclosure actiions, and must provide proof to a Special Master that they did not use any shortcuts in moving people out of their homes.

In New Jersey, a lender can begin foreclosure action only after four months of a homeowner being in arrears.

More...


Most Recent Related Stories...


Social Security Disability Fund Will Run Dry Next Year

SS funds to run outThe 11 million Americans who receive Social Security disability face steep benefit cuts next year, the...

Obama acts to extend overtime pay for millions

ObamaSalaried workers who earn nearly $1,000 per week would become eligible for overtime pay under a...

Microsoft hangs up on Nokia business, to cut 7,800 jobs

MicrosoftMicrosoft Corp (MSFT.O) said on Wednesday it would cut 7,800 jobs, or nearly 7 percent of...

Massachusetts Home Care Workers Win Fight For $15

Home care workersMassachusetts home care workers have notched the latest victory in the Fight for $15.Under an agreement...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!