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Tag:
foreclosure
Housing News
Couple discovers the home they just bought is the wrong address
It is common to hear of banks foreclosing on the wrong address, but it is nearly unheard of that a purchased home is the wrong address, it's nearly unfathomable, but in Mississippi, that is exactly what has happened.
Housing News
Report: mortgage foreclosure scams surge 60 percent in 2012
With each new government assistance program that seeks to help distressed homeowners, various scams attach themselves to the program name and frequently defraud homeowners out of fees and payments.
Economic News
Foreclosure mill that mocked foreclosure victims settles with AG for $4M
The New York Attorney General has finally wrapped up their year long investigation of the state's largest foreclosure mill who will now pay $4 million to the state. The firm made headlines last fall when photos of a foreclosure-themed Halloween party were leaked.
Housing News
$26B settlement provides relief for service members
Service members illegally foreclosed upon
In a historic deal after repeated delays and over a year of negotiations, the Justice Department, U.S. Department of Housing and Urban...
Housing News
Couple fights $1M foreclosure, lives mortgage free for five years
The Maryland couple never intended to not pay their mortgage, but five years later, they are fighting eviction. This tale is indicative of the disaster that is currently playing out in courtrooms across America every day as the foreclosure crisis continues.
Housing News
Home foreclosed in 2010 fined hundreds for 2012’s uncut grass
Warrants issued for a former homeowner in Fort Worth who has not lived in the home for two years, regardless of proving foreclosure to the city. This is happening to homeowners across the nation as the chain of title remains eroded.
Economic News
Study reveals foreclosure fraud in almost all cases
Rampant foreclosure fraud
The City of San Francisco has released a report revealing the widespread nature of foreclosure abuse, with 84 percent of the 400...
Economic News
Mortgage delinquencies fell 40% in 2011
Foreclosure activity
According to a new report by Lender Processing Services (LPS), mortgage delinquencies dropped 3.7 percent in December, down 40 percent from December 2010...