Buying and selling real estate in the communities of Long Island
BloggersValerie Kellogg Kristin Lavin Taveira Maura McDermott Lisa Doll Bruno
The share of Long Islanders who owe more than their home's value has fallen, a new report shows. In Nassau and Suffolk counties, 42,539 homeowners -- 7.8 percent of those with outstanding mortgages -- were "underwater" on their loans in the July-through-September period, CoreLogic reported Tuesday.
That's down from the third quarter of 2012, when 49,949 of local homeowners -- or...Read more »
New York's top prosecutor has sued Wells Fargo and reached an accord with Bank of America over allegations that the two banks violated terms of a $25 billion settlement over mortgage abuses.
The most critical problems involve delays in processing homeowners' requests for help, state Attorney General Eric T. Schneiderman said at a news conference Wednesday.
"If you are a homeowner...Read more »
CitiMortgage representatives will meet with homeowners this weekend in Hauppauge to discuss mortgage modifications, refinancing and other potential help for those in distress.
The one-on-one consultations will take place on Saturday from 8 a.m. to 4 p.m. at the Upsky Long Island Hotel at 110 Motor Pkwy.
Homeowners should bring their mortgage account number; pay stubs for the last 60...Read more »