More and more Albertans have or are in danger of losing their homes to the bank, according to numbers from the province. Foreclosures are on the rise, up by about 25 per cent annually over the past two years.
In a commercial hawking reverse mortgages, the TV actor doesn't tell people how they could get into trouble with the product, a special kind of loan that allows borrowers aged 62 and older to convert a portion of their home's equity into cash. While some say reverse mortgages are useful because they allow the elderly…
No help Wells Fargo admitted that, due to a calculation error, it improperly foreclosed on 545 distressed mortgage borrowers after they asked the bank for help. All told, 870 homeowners were denied assistance even though they qualified for it, and more than half eventually lost their homes. Foreclosure News
Aug 24, 2018–Treliant has appointed William J. Vahey as a Senior Director of its Mortgage Operations and Compliance service area. Bill brings over 25 years of experience across the range of real estate and mortgage banking operations, including origination, servicing, asset management, securitization, and foreclosure. Foreclosure News
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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
