Harrop: Freeing predators to bilk little people hurts everyone
The most vivid takeaway from the financial meltdown of 10 years ago was that nearly everyone got hurt. Stock investors took a beating.
The most vivid takeaway from the financial meltdown of 10 years ago was that nearly everyone got hurt. Stock investors took a beating.
The message informed the family of seven that they would soon be forced to leave 1045 Mistletoe Court, the Habitat for Humanity home built for them in 2008. The notice became reality on May 9, when Horry County sheriff's deputies evicted the family. Foreclosure News
State regulators felt they were strung along by the mortgage servicing giant Ocwen Financial after years of promises that were never fulfilled, resulting in successive enforcement actions against the company, according to interviews with nearly a dozen officials. After settling with Ocwen three years ago over issues related to loan modifications and foreclosures, regulators filed…
Major investor AmBase is suing the developers of the 111 West 57th Street project, in Manhattan, over $ 50 million in cost overruns, according to reports – and that's not the only financial trouble. AmBase has filed a lawsuit against Kevin Maloney and Michael Stern , along with the lender for the project, Spruce Capital…
A Tyrone Township man is facing extensive charges after allegedly stealing thousands of dollars from Michigan residents in a mortgage foreclosure scam. 54-year-old Lawrence Adell Sefa was arraigned in Livingston County's 53rd District Court Tuesday on a total of 30 charges. Foreclosure News
The Shops at Stonehenge, at 2013-2077 Walmart Way in Midlothian, is set to be auctioned Friday in a foreclosure sale. The auction is scheduled for 2 p.m. on the steps of the Chesterfield County courthouse at 9500 Courthouse Road. Foreclosure News
California now has the highest poverty rate in the country thanks to the cost of housing. Since 2005, more than 2.5 million Californians have been forced to leave the state in search of a home they can afford. Foreclosure News