Slow spiral into the debt trap
Janis L. Anderson at her home last February on Westview Road in Lanesborough. After years of struggling to avert foreclosure, Anderson lost the house in an auction Sept.
Janis L. Anderson at her home last February on Westview Road in Lanesborough. After years of struggling to avert foreclosure, Anderson lost the house in an auction Sept.
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Their stories may even inspire you to pay off your debt . Foreclosure News
The Obama White House's settlement deals with major banks over mortgage finance and foreclosure abuses were widely panned as paper tigers at the time they were announced, with dollar figures too small to meaningfully punish the banks' misdeeds and fine-print conditions that shrunk the penalties even further in practical terms. But now, thanks to fresh…
The Dickinsons' new plantation-style home on Mystic Circle, right, built as part of ABC's “Extreme Makeover: Home Edition,” towers over the one-story ranch homes that make up the neighborhood. The Dickinsons' new plantation-style home on Mystic Circle, right, built as part of ABC's “Extreme Makeover: Home Edition,” towers over the one-story ranch homes that make…
How can the country survive the next economic crash if millions of families still haven't recovered from the last one? GLENDORA, California-In retrospect, refinancing their home was a bad idea. But the Santillan family never thought that it would lead them to foreclosure, or that they'd spend years bouncing among hotels and living in their…
Joseph Otting, right, then chief executive of OneWest Bank, speaks at a 2015 hearing in Los Angeles, regarding the bank's purchase by CIT Group. Joseph Otting, right, then chief executive of OneWest Bank, speaks at a 2015 hearing in Los Angeles, regarding the bank's purchase by CIT Group. Foreclosure News
” Philadelphia is suing Wells Fargo & Co., claiming the bank overcharged more than 1,000 minority homeowners on mortgage loans since 2004. Philly.com reports that the federal lawsuit cites six confidential informants who used to work for the bank. Foreclosure News