‘It’s the Canadian dream’: Why homeowners will do anything to make their mortgage payments
Jacqueline Hansen is a Senior Business Reporter for CBC News. Based in Toronto, she's been covering business and other news beats since 2010.
Jacqueline Hansen is a Senior Business Reporter for CBC News. Based in Toronto, she's been covering business and other news beats since 2010.
The same day the Hermitage Club announced that a long-time official at the company would take the helm, the town received a bank's foreclosure complaint on a number of properties. “This was fully expected and it is the next logical step in a process that will assist to bring all parties to the table to…
A prominent and influential West Michigan landlord is dodging its commitments to provide low-income housing for its tenants, housing advocates say. Eenhoorn LLC has arranged foreclosures for least seven of its low-income housing developments in Michigan and other Midwest states, said John Smith, a lawyer with Legal Aid of West Michigan. Foreclosure News
Consumers must have a trifecta of enough equity, a high credit score and a healthy relationship between their debt and income to take money out of their house via a cash-out refinance, home equity loan or home equity line of credit, also called a HELOC. “The standards were already fairly tight, but now with a…
The Plaza at PPL Center in Allentown, Pa., home to Talen Energy, could soon be headed for the commercial mortgage bond equivalent of foreclosure, a move that would open the door to new owners who could offer lower, more competitive rents. The current owner, a group called The Plaza at 835 W. Hamilton St., which…
When Lageshia Moore and her husband found their home in 2006, they thought it would be a perfect place to raise their family. The $ 549,000 Far Rockaway, N.Y., duplex even had future income potential if they could find a reliable tenant and rent out one half of the house. Foreclosure News
Many who bought property between 2001 and 2007 lost money. These were years where prices aggressively increased, largely due to loose lending practices that allowed people to buy homes they could not afford using loans that were only temporarily manageable. Foreclosure News