Foreclosures

Attorney General McGraw Sues Countrywide for Inducing Consumers to Take Out Loans They Couldn’t Afford

Charleston, WV - August 12, 2008 - (RealEstateRama) — Attorney General Darrell McGraw filed suit today against Countrywide Financial Corporation, Countrywide Home Loans, Inc., Countrywide Home Loans Servicing, LP, Full Spectrum Lending, Inc. and Angelo R. Mozilo, individually and as CEO of Countrywide Financial Corporation.

State Foreclosure Prevention Working Group Issues Second Report On Subprime Mortgage Servicing Companies

The number of borrowers working with their mortgage servicers to identify alternatives to forclosure has increased, according to state officials, but those gains have been matched by an increasing level of delinquent loans.
The State Foreclosure Prevention Working Group, a group of state attorneys general and banking regulators working to prevent home foreclosures, issued the report […]

Attorney General McGraw Announces Help for Consumers Who Are in Danger of Facing Foreclosures

Charleston, WV., November 6, 2007 — Attorney General Darrell McGraw is advising consumers who are facing the danger of foreclosure to call 1-888-995-HOPE (4673), a counseling service provided by the Homeownership Preservation Foundation (”HPF”). Founded in 2004, HPF is a nonprofit organization dedicated to helping Americans avoid foreclosure. HPF operates a national help line that […]