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News stories regarding Goldbeck McCafferty & McKeever

 
March 31, 2009
Christian Science Monitor
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How Judges might help trouble homeowners
(David Fein Quoted)

March 4, 2009
NBC Nightly News
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Lenders, Homeowners Strike a deal

A Philadelphia judge is helping struggling homeowners and lenders seeking solutions in Philadelphia courtroom 676.
(Michael T. McKeever Appears)


February 23, 2009
 CBS EVENING NEWS
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Let's Strike A Deal

A Philadelphia judge is helping struggling homeowners and lenders strike a deal. As Michelle Miller reports, every Thursday, Judge Annette Rizzo throws out traditional courthouse rules.
(Attorney Lisa Lee appears)

 

January 16, 2009
Philadelphia Business Journal
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'Model' Foreclosure program seeks ideas for improvement
(Michael T. McKeever quoted)

January 13 2009

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Federal Foreclosures down; Monroe County seizures up
(Michael T. McKeever quoted)
The federal courts have a record of finalizing foreclosures much quicker than the county.
It relates to some delays by the sheriff's office in moving foreclosure filings," McKeever said. "The longer those delays, the more difficult it is for the homebuyer to become current. The delays result in a greater accumulation of overdue payments and penalties, McKeever argues, and the home owners aren't able to recover. Filing in federal rather than county court has shortened the process. It would have saved maybe six to eight months, or eight to 12 months.


October 18, 2008
Pittsburgh Post Gazette
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Officials warn of coming rise in foreclosures
(Michael T. McKeever quoted)
 
     The number of homes listed for sheriff's sale in Allegheny County may be trending downward, but foreclosure proceedings are about to spike as lenders move to recalculate adjustable-rate mortgages, county officials and housing experts told a U.S. Senate Judiciary Committee hearing yesterday.
     So far, the foreclosure crisis has not hit Allegheny County quite as badly as it has hit other parts of the country...

October 2, 2008
Pittsburgh Post Gazette
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Lending a hand to strapped homeowners
(Michael T. McKeever quoted)
 
     Pennsylvania isn't Florida, Nevada or California. It hasn't been swamped with home foreclosures. Still, if you're about to lose your home here, it's no comfort knowing you're an exception.
     So while Allegheny County is bucking the national trend -- the number of homes going to sheriff's sale actually has dipped slightly in each of the past two years...

September 27, 2008
New York Times
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Success Seen in Program to Save Homes
(Michael T. McKeever quoted)
 
     PHILADELPHIA — A program intended to curb residential mortgage foreclosures here has averted the sale of almost 80 percent of the properties referred to it in its first three months...

July 18, 2008
Philadelphia Business Journal
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City foreclosure program brings problems to fore
(Michael T. McKeever quoted)
 
     Backers of a new pilot program aimed at helping Philadelphia homeowners stave off foreclosure are hoping it will help keep residents in their homes.
     The Residential Mortgage Foreclosure Program is scheduled for a second showing next month when homeowners facing the loss of their homes show up for help working through their financial problems...

June 11, 2008
Philadelphia Inquirer
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Homeowners offered relief in Philadelphia program
(Michael T. McKeever quoted)
 
     It was a madhouse in City Hall courtroom 676 yesterday.
There began day one of a court pilot program to help financially troubled homeowners avoid foreclosure by talking - talking directly to the lawyers who represent lenders and working out deals, on the spot ...

April 4, 2008
Philadelphia Business Journal
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Moratorium on sheriff's foreclosure sales draws debate
(Michael T. McKeever quoted)
 
      Local housing advocates and mortgage industry officials are divided over whether the freeze on sheriff's sales in Philadelphia will have a positive effect on the mortgage foreclosures crisis.
     City Council last week passed a measure calling for a moratorium on home mortgage foreclosures. The city's April sheriff's sales were postponed...