Miami’s condo market is in bad shape
Condo sales in Miami-Dade County have plunged. Condos on the market have surged.
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As austerity digs in, Greek courts are battleground on foreclosures
ByadminProtesters shout slogans as they block an entrance to prevent court officials from entering the courtroom and carry out an auction in Athens, Greece, March 29, 2017. Picture taken March 29, 2017. Foreclosure News
Massachusetts mortgage loan officer gets 6 months in prison
ByadminA mortgage loan officer from Methuen, Mass., faces six months behind bars for her role in a conspiracy to defraud banks and mortgage companies. Vanessa Ricci, 41, pleaded guilty in March to one count of conspiracy to commit bank fraud. Foreclosure News
Breaking up big banks through Glass-Steagall is an absurd idea
ByadminAccording to recent news reports, Gary Cohn, a key White House economic advisor, supports splitting up the nation's largest banks in a manner suggestive of restoring the Glass-Steagall Act, which Congress largely repealed in 1999. Reinstating Glass-Steagall is a fundamentally absurd idea because no rational case can be made for doing so. Foreclosure News
Free of debt – with regrets
ByadminThese tales often mention the sacrifices debtors made but may gloss over the cost to their quality of life or the misguided choices they made. Becoming debt-free can be a worthy goal, but understanding the pitfalls can keep you from repeating others' mistakes. Foreclosure News
Deutche Bank accused of bias in foreclosure issues
ByadminThe National Fair Housing Alliance filed new evidence Wednesday in an existing federal Fair Housing Act complaint against Deutche Bank, alleging the bank engaged in racial bias in maintaining foreclosed homes it owns. The NFHA added more properties to a complaint first filed in February, 2014, alleging the organization neglected homes in many working-class minority…
The Complete Guide to Investing in Foreclosures
ByadminAs demand for real estate has skyrocketed, so have prices. But finding affordable properties to buy and sell for profit has actually never been easier! Why? Because foreclosures are at an all-time high, meaning banks and other lenders have unprecedented numbers of properties they are all too eager to unload. Foreclosure News