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Attorney General’s legal action against Quality Loan Service results in payment to homeowners, delays...

Legal action taken by the Washington State Attorney General (AGO) against foreclosure trustee Quality Loan Service Corp. of Washington (QLS) has stopped unfair and deceptive business practices. QLS is one of the largest foreclosure trustees in Washington state.

Council Hears Options for Foreclosure Prevention Strategies for Homeowners Struggling in Seattle

Councilmembers considered presentations specific to mortgage principal reduction and other foreclosure prevention programs for homeowners who are struggling in Seattle, and options to revitalize the communities impacted.

“American Winter” foreclosure documentary screening in Olympia, February 25

The Washington State Attorney General’s Office and the Washington State Department of Financial Institutions are pleased to announce the screening of the foreclosure documentary American Winter in Olympia, Wash

Annual Property Tax Foreclosure Auction

Doug Lasher, Clark County Treasurer, announced that new this year, the annual Property Tax Foreclosure Auction will be held online via an Internet-based foreclosure auction provider called “bid4assets” .

Washington Homeowners To Receive Assistance In Multi-State Ocwen Loan Servicing Settlement

OLYMPIA - December 20, 2013 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) Division of Consumer Services is pleased to announce a multi-state loan servicing settlement with Ocwen Loan Servicing, LLC, state Attorneys General and the Consumer Financial Protection Bureau.

Washington AG Ferguson holds Ocwen accountable for mortgage servicing wrongs through joint state-federal settlement

SEATTLE - December 20, 2013 - (RealEstateRama) -- Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing, have agreed to a joint state-federal settlement with Attorney General Bob Ferguson, 48 additional states and the District of Columbia, and the federal Consumer Financial Protection Bureau (CFPB).

Council passes resolution relating to principle reduction, foreclosure

SEATTLE - December 17, 2013 - (RealEstateRama) -- City Council unanimously adopted a Resolution today relating to principle mortgage reduction and foreclosure. The resolution establishes a City of Seattle Interdepartmental Team, or IDT, which will evaluate whether principal reduction and other foreclosure prevention programs effectively provide assistance to low- income homeowners.

Property Tax Foreclosure Sale

WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Doug Lasher, Clark County Treasurer, announced that a Property Tax Foreclosure Auction will be conducted on Friday, February 1, 2013 at 9 a.m. in the 6th Floor Hearing Room, Clark County Public Service Center Building, 1300 Franklin Street, Vancouver, Washington. Lasher stated, “As of January 22, 2013, there are 33 properties subject for sale this year; however, this could change daily.” Interested persons may obtain a foreclosure property list from the Clark County Treasurer’s web site at w

DFI Charges 40 Companies In Continuing Efforts To Combat Mortgage Foreclosure Rescue Scams

OLYMPIA - October 10, 2012 - (RealEstateRama) -- The Consumer Services Division of the Washington State Department of Financial Institutions (DFI) announced today they have filed 40 Statements of Charges against businesses preying on Washington homeowners facing foreclosure. None of the companies or individuals charged with offering these so-called mortgage rescue services are licensed with DFI, a requirement that provides essential consumer protections. In addition, none of the attorneys charged are licensed with the Washington State Bar Association (WSBA) to practice law in the state

Real Property Tax Foreclosure Auction on Feb. 3

Vancouver, WA - January 25, 2012 - (RealEstateRama) -- Doug Lasher, Clark County Treasurer, announced that a Property Tax Foreclosure Auction will be conducted on Friday, February 3, 2012, at 9 a.m. in the 6th Floor Hearing Room, Clark County Public Service Center Building, 1300 Franklin Street, Vancouver, Washington. Lasher stated, “As of January 20, 2012, there are 53 parcels subject for sale this year; however, this could change daily.” Interested persons may obtain a foreclosure property list from the Clark County Treasurer’s web site at www.clark.wa.gov/treasurer/salesinfo.html or from the Treasurer’s Office at 1300 Franklin Street, second floor, Vancouver, Washington

Foreclosure Fairness Act Takes Effect July 22, Washington Is Third Non-Judicial Foreclosure State To...

OLYMPIA, WA - July 19, 2011 - (RealEstateRama) -- The Washington State Foreclosure Fairness Act Mediation Program begins Friday, July 22. The program, a result of bipartisan legislation (SSHB1362, Chapter 58, Laws of 2011 (PDF)*) during the 2011 session, makes Washington the third non-judicial foreclosure process state in the country with a program designed to help homeowners find a resolution to foreclosure proceedings with their lender or servicer.

FORECLOSURE FAIRNESS ACT TAKES EFFECT JULY 22, WASHINGTON IS THIRD NON-JUDICIAL FORECLOSURE STATE TO...

Olympia, WA - July 18, 2011 - (RealEstateRama) -- The Washington State Foreclosure Fairness Act Mediation Program begins Friday, July 22. The program, a result of bipartisan legislation (SSHB1362, Chapter 58, Laws of 2011) during the 2011 session, makes Washington the third non-judicial foreclosure process state in the country with a program designed to help homeowners find a resolution to foreclosure proceedings with their lender or servicer.

Seattle City Council to host foreclosure, credit and computer fraud brownbag discussion

SEATTLE, WA - June 30, 2011 - (RealEstateRama) -- Seattle City Councilmember Bruce Harrell, Chair of the Energy, Technology and Civil Rights Committee, invites members of the public to participate in a lunchtime discussion on credit and foreclosure scams, computer scams and viruses, and how to protect your computer and family.

Seattle City Council to host foreclosure, credit and computer fraud brownbag discussion

SEATTLE, WA - June 23, 2011 - (RealEstateRama) -- Seattle City Councilmember Bruce Harrell, Chair of the Energy, Technology and Civil Rights Committee, invites members of the public to participate in a lunchtime discussion on credit and foreclosure scams, computer scams and viruses, and how to protect your computer and family

$4.8 million awarded to stabilize Washington neighborhoods with high foreclosure rates

Olympia, WA - June 17, 2011 - (RealEstateRama) -- The Washington State Department of Commerce today announced that King, Pierce, Snohomish and Spokane Counties will receive a total of more than $4.8 million in grants to help purchase and redevelop foreclosed and abandoned homes, putting them back into productive use.

Property Tax Foreclosure Auction

March 7, 2011 - (RealEstateRama) -- Doug Lasher, Clark County Treasurer, announced that a Property Tax Foreclosure Auction will be conducted on Friday, March 18, 2011, at 9 a.m. in the 6th Floor Hearing Room, Clark County Public Service Center Building, 1300 Franklin Street, Vancouver, Washington. Lasher stated, “As of March 7, there are 13 parcels subject for sale this year; however, this number may be reduced if payment is made by 5 p.m. on Thursday, March 17.”

Chairman Murray Requests Answers on Steps Banks Have Taken to Limit Foreclosures on Service...

Washington, D.C. - February 9, 2011 - (RealEstateRama) -- Yesterday, U.S. Senator Patty Murray (D-WA), Chairman of the U.S. Senate Committee on Veterans’ Affairs, sent a letter to Holly Petraeus, head of the Office of Servicemember Affairs in the Consumer Financial Protection Bureau at the U.S. Treasury Department, in response to concerns that some financial institutions were not offering protections to servicemembers provided under the Servicemembers Civil Relief Act. Among the safeguards in the SCRA, which is under the jurisdiction of the Senate Committee on Veterans’ Affairs, are a number intended to ease concerns over financial situations at home for servicemembers. Recently, however, it has come to light that some servicemembers have been improperly overcharged on their mortgages or even been foreclosed upon by lenders

Attorney General McKenna calls for mortgage trustees to suspend questionable foreclosures

SEATTLE, WA - October 13, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna announced today that his office has uncovered evidence that suggests foreclosure trustees are ignoring consumer protection laws in Washington, adding a new layer to a stack of problems reported in the mortgage-servicing industry. He sent letters today to 52 trustees outlining his concerns and calling on them to suspend any questionable foreclosures in the state.

State Foreclosure Prevention Working Group report urges additional efforts to help homeowners

OLYMPIA, WA - August 24, 2010 - (RealEstateRama) -- Following concerted efforts to prevent unnecessary foreclosures, the Washington Attorney General’s Office and a group of other state attorneys general and banking regulators say they’ve seen improvements in programs designed to help homeowners.

Murray Bill Helps Washington State Families and Communities Deal with Foreclosure Crisis

Washington, D.C. - July 21, 2010 - (RealEstateRama) -- Today, U.S. Senator Patty Murray (D-WA) included major funding in the Fiscal Year 2011 Senate Transportation, Housing, and Urban Development (THUD) Appropriations bill to help families in Washington state and across the country who are suffering in the current foreclosure crisis

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KCHA spearheads successful effort to preserve nine subdized apartment complexes in...

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- When a portfolio of nine privately owned Section 8-assisted housing complexes located in five counties scattered across Washington state was offered for sale last spring, the King County Housing Authority spearheaded a collaborative effort to purchase it. The housing authorities of Bremerton, Grays Harbor County, Yakima, and Chelan County and the City of Wenatchee participated in assuring the preservation of a total of 337 homes within the various communities.

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Calmwater Capital Originates $7.6 Million Loan for WSU Student Housing

Calmwater Capital, a leading national direct real estate lender, has provided $7.6 million in senior debt to Nelson Brothers Professional Real Estate, LLC to acquire and upgrade a student housing complex near Washington State University. The 184-bed property, known as College Crest Apartments, is located at 1555 NE Merman Drive in Pullman, Washington.