foreclosure review is free, but few borrowers applyit's been two years since the "robo-signing" scandal revealed systemic problems among home foreclosures around the country. regulators and 14 mortgage companies have established a review process to check individual cases for errors, but fewer than 4 percent of eligible homeowners have applied.9 of nation's top 10 metro areas in foreclosure or delinquent are in floridathe greater miami area led the nation in the percentage of homeowners who are in foreclosure or have fallen more than 90 days behind on their mortgage payment, a national review of 366 metropolitan areas released wednesday indicates.foreclosure decline across metro area is unevenwhile the metro saw a 16 percent drop in 2011, dakota and anoka counties lagged behind.regulator halts work of consulting firm on foreclosure reviewa u.s. banking regulator on friday halted the work of a consulting firm hired to review foreclosure documents as part of a comprehensive review of banks' foreclosure practices. |
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