Foreclosures

City of Wilmington Commits Funds to Delaware Emergency Mortgage Assistance Program

October 09, 2008 - (RealEstateRama) — The City of Wilmington has fulfilled its commitment to assist with the funding of the Delaware Emergency Mortgage Assistance Program (DEMAP) by presenting a check in the amount of $100,000 to Delaware State Housing Authority (DSHA).

Bill would help shore up foreclosure crisis

DE - August 11, 2008 - (RealEstateRama) — When a Delaware home is lost through foreclosure, it is not just one family’s private tragedy — it weakens our neighborhoods and our communities, too. With more than 4,000 Delaware properties in foreclosure, our state is now part of a national housing crisis that threatens the foundations […]

Sen. Carper Praises Banking Committee Passage of GSE Oversight, Foreclosure Package

Carper Says Reform Bill Would Restore Lender Confidence
WASHINGTON - Sen. Tom Carper (D-Del.) today praised the Senate Banking Committee for approving a bipartisan set of housing reforms meant to restore investor confidence in the nation’s housing finance system, while also helping at-risk American homeowners struggling with the ongoing mortgage crisis.

DSHA Launches “Step-Up” Housing Program to Combat Homelessness

Delaware State Housing Authority (DSHA) is pleased to announce the January, 2008 launch of “Step-Up”, a three-year rental assistance pilot program which will assist emancipated youth exiting the foster care system who are at risk of homelessness and individuals with mental health and/or substance abuse conditions who are chronically homeless or at risk for chronic […]

Lt. Governor Carney Announces Much Needed Funds For Foreclosure Prevention Counseling

Lt. Governor John Carney today announced that the State of Delaware has received over $300,000 to support Delaware’s foreclosure prevention counseling efforts. The much-needed boost will enable housing counseling agencies to provide more foreclosure and default counseling than ever before to area homeowners in danger of losing their homes.

Homeownership Clinic and Foreclosure Prevention Workshop

On September 19 and 20, 2007 a series of homeownership clinics and foreclosure prevention workshops were held across the State. The purpose of the events was to raise the knowledge of the public about important issues impacting Delaware homeowners.

Foreclosure filings in Del. up 38 percent

A 50 percent jump predicted for fiscal 2008; First State’s mortgage mess reflects U.S. trend.
Foreclosure filings in Delaware rose 38 percent in July over last year, and experts say those numbers are likely to get worse, providing another sign that troubles in the subprime mortgage market will continue.