“Cash For Houses” signs have Monroe’s BBB on watch
The signs say “We Buy Houses,” and they offer quick cash for your home. At first glance, it may not seem like a bad idea.
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Philly accuses Wells Fargo of targeting minorities with high-cost mortgages
ByadminFor more than a dozen years, Wells Fargo discriminated against African-Americans and Latinos by intentionally pushing them into higher-cost mortgages, according to a lawsuit filed by the city of Philadelphia. Wells Fargo's “longstanding” discriminatory practices in Philadelphia caused foreclosures to increase and resulted in the loss of vital tax revenue, the lawsuit argues. Foreclosure News
Eureka Rotary, Volunteers Go Rogue, Clean up Problem House
ByadminWhat a difference a day, a backhoe and 10 volunteers can make. A couple of weekends ago, the Rotary Club of Eureka organized a cleanup of a long troublesome property on the corner of Summer and Del Norte streets. Foreclosure News
Housing bubble or not, the real estate market is in trouble
ByadminFirst, some good news. Despite the meteoric rise in home prices, the real estate market hasn't ventured into housing bubble territory. Foreclosure News
New Vendor Products for Lenders; FEMA updates on Wildfires
ByadminThe undisputed hit of the conference so far in Denver? The MBA's mPower event on Saturday. Yes, it eliminated “a Saturday off” for over 300 women, but the “MBA Promoting Opportunities for Women to Extend their Reach” has been heralded as a success. Foreclosure News
New Loan in the Works for K Lofts
ByadminRumblings of a new funding agreement for the long dormant K Lofts development in downtown Little Rock have reached our ears. Foreclosure News
Fewer Dallas-area residents are late with the mortgage payments
ByadminOnly 1.2% of Dallas homeowners with a loan were 90 days or more behind in their loan payments as of April. That's less than the 1.9% serious delinquency rate nationwide, according to a new report from CoreLogic. Foreclosure News