“Our locals are totally priced out,” said a realtor in southern Vermont.
As interest rates rise, first-time and local home buyers are being 'frozen out'
Tag: mortgages
Bank of America to pay Vermont $1.25 million foreclosure settlement
Case stems from national lawsuit over mediation of mortgage loan disputes.
Vermont Attorney General settles claims against Green Tree Servicing
Green Tree Servicing, LLC, a national servicer of residential mortgage loans, will pay Vermont consumers a total of $55,250 for the company’s debt collection practices and late payment of property taxes. Green Tree will also pay $176,750 to the State.
Green Tree settles for mortgage debt violations
Residential mortgage lender Green Tree Servicing, Inc., has agreed to pay $232,000 to settle allegations the company violated debt collection regulations. The settlement also addresses the company’s late payment of property taxes on behalf of mortgage holders, an infraction Vermont Attorney General Bill Sorrell considers an unfair trade practice. “We must ensure that home mortgages, […]
Senate Finance gives initial nod to $10 million tax package
H.528 puts a cap on mortgage interest deductions, makes bottled water subject to the sales tax and places a 3 percent excise tax on satellite television service.
Inside the Golden Bubble: The $10 million tax? Vermont Senate cuts House proposal in half
The Green Room mavens, in their deliberations on budget and tax scenarios, are taking a more conservative approach than either the governor or the House.
Welch brings the stories of struggling Vermonters to Congress
For immediate release Mar. 8, 2012 Contact Scott Coriell Office: 202.225.4115 Cell: 202.689.5352 WASHINGTON DC – With Congress beginning to draft the federal budget for fiscal year 2013, Rep. Peter Welch today brought stories of struggling Vermonters to the House Budget Committee to highlight the demand for heating assistance, the need to crack down on […]
Vermont to receive $6.7 million from joint state-federal settlement with five largest mortgage services
For immediate release Feb. 9, 2012 Contact William H. Sorrell, Attorney General Phone: (802) 828-3173 Elliot Burg, Assistant Attorney General Phone: (802) 828-550 Vermont Attorney General William H. Sorrell today formally joined a landmark $25 billion joint state-federal settlement with the nation’s five largest mortgage servicers over foreclosure abuses and unacceptable nationwide mortgage servicing practices. The settlement addresses […]
Senators (incl. Leahy, Sanders) seek responses to reports of Fredide Mac taking financial interests against homeowners
For immediate release Feb. 7, 2012 Contact: Kate Hansen (Blumenthal) 202-224-2823 Julie Hasquet (Begich) 907-258-9304 David Carle (Leahy) 202-224-3693 Michael Briggs (Sanders) 202-228-6492 April Mellody (Casey) 202-228-6367 Michael Teague (Pryor) 501-324-6336 Seth Larson (Whitehouse) 202-228-6293 Press Office (Lautenberg) 202-224-3224 Alexandra Fetisoff (Franken) 202-224-4645 Ian Koski (Coons) 202-224-4216 WASHINGTON, DC – Senators Richard Blumenthal (D-CT), Mark Begich (D-AK), and eight Senate colleagues wrote the Acting Director […]
Report: Land trust homeowners have lower foreclosure rates
FOR IMMEDIATE RELEASE June 24, 2010 CONTACTS: Chris Donnelly, Director of Community Relations 802.861.7305, [email protected] Emily Higgins, Director of Homeownership 802.861.7330, [email protected] Outperforming the Market Study shows that Community Land Trust homeowners have lower foreclosure and delinquency rates BURLINGTON —A report released recently by a researcher at Vanderbilt University in partnership with the National Community […]
