Homeless shelter given foreclosure reprieve – for now
The bank trust that owns its liens was trying to foreclose on the well-respected Bed-Stuy homeless shelter for women and children.
The bank trust that owns its liens was trying to foreclose on the well-respected Bed-Stuy homeless shelter for women and children.
Extending a recent trend when it comes to paying the mortgage each month, homeowners in the Bradenton-Sarasota, Fla., region are fulfilling their obligation at a better rate compared to the rest of the state. With housing prices climbing toward pre-recession levels and a low unemployment rate, mortgage foreclosures and delinquency rates in Manatee and Sarasota…
Carri Grube Lybarker of the Department of Consumer Affairs co-signed an order seeking to curb Ocwen's mortgage-handling business in South Carolina. Provided/SCDCA Ocwen Financial Corp. isn't a household name in South Carolina or most other states, at least not to anyone outside of the mortgage or foreclosure business. Foreclosure News
The financial services industry over the years has been great at shooting off its feet and drawing scorn – the financial meltdown, strong-armed foreclosure tactics, Occupy Wall Street, the Wells Fargo fake-accounts scandal, the Equifax breach and on and on – but it had managed to dodge perhaps the most dominant social issue of the…
Teresa Strasser, a television personality and best-selling author, says she can't get approved for a credit card, nor can she take out an auto loan or a mortgage. Her credit is “trashed,” as she describes it, even though she has always paid her bills on time. Foreclosure News
Local officials were optimistic Thursday the new owner of the Fort Steuben Mall will breathe new life into the facility that opened for business in 1974. The U.S. Bank, as a trustee for the lenders who held the mortgage note for the mall, was the only bidder at the foreclosure auction Thursday afternoon in U.S….
The Supreme Court ruling means cities can sue major banks for discriminatory lending practices that hurt low-income neighborhoods during the Great Recession. The Supreme Court ruling means cities can sue major banks for discriminatory lending practices that hurt low-income neighborhoods during the Great Recession. Foreclosure News