Joel Kurth is the Detroit Editor for Bridge Magazine. Along with Mike Wilkinson and Laura Herberg, he's been digging into how Wayne County is fattening its coffers through home foreclosures.
A pair of top Obama-appointed bank regulators still serving in the Trump administration could spark another mortgage meltdown by lowering credit standards and encouraging risky lending practices. Democrat Mel Watt, who is serving a special five-year term as head of the Federal Housing Finance Agency, is pushing the mortgage-lending giants he regulates – Fannie Mae…
After deleveraging in the aftermath of the last U.S. recession, Americans have once again taken on record debt loads that risk holding back the world's largest economy. Household debt outstanding – everything from mortgages to credit cards to car loans – reached $ 12.7 trillion in the first quarter, surpassing the previous peak in 2008…
Bobby Digi Olisa — one of three Democrats vying for a soon-to-be vacated seat in the New York State Assembly and a community activist for decades — has been dogged by whispers of impropriety throughout his time working on the North Shore. Those whispers become louder after he declared for the Assembly seat, with accusations…
Pennsylvania now has two neighbors that have passed fast-track foreclosure bills and the Keystone State is considering adding its own as a method to avoid a backlog of blighted properties. Pennsylvania's fast-track foreclosure process, which Barley Snyder attorneys continue to track, would allow lenders and servicers to obtain certification that a property is vacant and…
While high property taxes and tepid of wage growth get most of the blame, experts say Illinois' sluggish housing market is partly because of its foreclosure laws. There were 267,000 foreclosures in Illinois between 2007 and 2016. Foreclosure News
As much as the FBI works to combat it, mortgage fraud is still one way that unscrupulous individuals can make a fast – and illegal – buck. It can put you at risk of losing thousands of dollars if you don't know what to watch out for. Foreclosure News
