Manhattan's One57 boasts opulently luxurious condominiums, expansive views of the New York City skyline, and price tags that exclude all but the ultra-wealthy. Oddly, the property is now experiencing its second foreclosure in a month.
The Credit Union of Colorado has revived a loan product that disappeared following the housing crash a decade ago – the zero-down conventional mortgage. Reaction to its return will likely range from first-time homebuyers wondering what took so long to survivors of the foreclosure crisis asking why did they awaken a financial beast better left…
With the Maple Leaf Tavern shutting its doors on North Main Street last month in a foreclosure action, town officials are looking forward to the day the vacant space is once again filled. Thomas Hirchak Company will be hosting an auction for the approximately 3,000-square-foot space July 25 at 11 a.m. “We're hopeful that the…
Ten years ago, there was panic in Washington, DC, New York City and financial centers around the world as the United States was in the midst of an economic collapse. The crash became the focus of the presidential campaign between Barack Obama and John McCain and was followed by protests that created a popular movement,…
Consumers who might miss an auto loan or mortgage payment should not skip it even for a month and instead need to work with their lender. Negotiating with the lender instead of ignoring the issue is the right strategy because a bank or credit union is more likely to work with the consumer and offer…
The city acquired three homes last week through the annual automatic foreclosure process when the owners failed to pay property taxes that were nearly three years overdue. The city will first try to arrange for a way for the former owners to recover the properties. Foreclosure News
Steve Mnuchin oversaw OneWest during the time that the government said it got FHA money it didn't qualify for. The reverse mortgage subsidiary of OneWest, the bank founded and formerly run by Treasury Secretary Steve Mnuchin that was later bought by CIT Group, agreed to an $ 89 million settlement with the United States on…
