Seeking wins in the battle with banks over housing foreclosures
We all remember the failure of Washington Mutual on Sept. 25, 2008, and the resulting catastrophe since 2009.
Similar Posts
Homeowners stretched too thin: Report
ByadminA news report from RBC said that as home prices continue to climb, fewer homeowners feel they can weather the storm if there was a downturn in the housing market. The report goes on to say that a growing number of homeowners admit they'd be concerned if their mortgage payments went up by 10 per…
Lionheart Pub owner facing criminal, civil legal trouble, may…
ByadminMike Keller, who was in the bar business in Troy before buying 22-year-old The Lionheart Pub in Albany for what was considered the shockingly high price of $ 3.5 million three years ago this month, is being sued by Lionheart founder Jerry Aumand. Aumand alleges Keller and his wife, who co-signed the Lionheart purchase agreement,…
Aminata Williams v. John E. Driscoll, III, Et Al. Substitute Trustees
ByadminReal property — Foreclosure sale — Motion to dismiss In 2004, appellant, Aminata Williams, purchased a home on Ogels Hope Drive in Bowie, Maryland, subject to a mortgage. She then refinanced in September 2006 to an adjustable rate balloon loan that quickly fell into default. Foreclosure News
Lone Star Brewery to be auctioned at foreclosure sale
ByadminThe Lone Star Brewery in San Antonio was supposed to be buzzing with construction workers and equipment by now – after sitting vacant for decades. Instead, the 35-acre brewery is in foreclosure, scheduled to be sold on the steps of the Bexar County Courthouse next week. Foreclosure News
Record High Equity Thanks to Mortgage Credit Demographics
ByadminAs the value of residential real estate rises with home prices, so has the owner's equity share of that value. Jing Fu, writing in the National Association of Home Builders' Eye on Housing Blog, says that equity hit a new high in the first quarter of this year. Foreclosure News
FINANCIAL: Get a big mortgage BEFORE you retire
ByadminThe desire to pay off the mortgage before retiring is based on a false paradigm and a obsolete meme. The false paradigm is that it's “safe” not to have a payment in retirement when your earnings are reduced. Foreclosure News