Reverse mortgages lead to sharp uptick in seniors seeking help from foreclosure
New Hampshire Legal Assistance is reporting a sharp uptick in the number of seniors needing help staving off foreclosure, and reverse mortgages are mostly to blame.
Similar Posts
State ends federal foreclosure aid with millions unspent
ByadminA federal program aimed at helping struggling homeowners keep their homes ends Wednesday with $ 88 million left unspent in the state. Double the number of Floridians were denied aid or withdrew applications than the 48,000 helped as a part of Florida's distribution of $ 1.1 billion in federal Hardest Hit funds. Foreclosure News
2017 solid year for local housing market
ByadminDespite a tight housing supply, the Greater Las Vegas Association of Realtors reported this month that 2017 was one of the best years on record for local home sales and that home prices continued to increase from the previous year. Despite a tight housing supply, the Greater Las Vegas Association of Realtors reported this month…
Squatters, scams plague foreclosures
ByadminFor the new resident, the foreclosed three-bedroom house on Beck Avenue – complete with a remodeled kitchen, hardwood floors and a pool – must have been a dream come true. “He had the door barricaded. Foreclosure News
8th Circuit Upholds Dismissal of Borrower’s Challenge to Foreclosure on Res Judicata Grounds
ByadminThe Eighth Circuit recently affirmed a district court's judgment in favor of a large national bank in a foreclosure matter that marked the third lawsuit arising between the parties, relying largely on res judicata grounds. The chain of events giving rise to the appeal began in 2011 when the bank initiated a foreclosure that resulted…
Black homeownership is stuck near 30-year lows
ByadminTim Hall stands in front of his home in the Washington Heights neighborhood on Chicago's South Side last summer. He bought the home after it gutted and modernized through a Cook County Land Bank Authority program. Foreclosure News
People in the News – July 02, 2018 – Common Cause Pennsylvania
ByadminA former federal prosecutor and the founder of a local foundation working to underwrite a cultural, educational and commercial renaissance in the city are the recipients of the 2018 Bob Edgar Public Service Achievement Awards from Common Cause Pennsylvania. Zane Memeger, who served as U.S. attorney for the eastern district of Pennsylvania from 2010-16, and…