Heroes In Need
The first “Heroes In Need” donation drive is continuing through July 17th. The goal of this charity is to assist American Veterans from all wars and conflicts get through challenges returning after serving our nation.
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Man who bought HOA-foreclosed homes faces federal fraud charges
ByadminXavier Milton Earquhart faces 14 counts of bank fraud, five counts of engaging in monetary transactions involving criminally derived property and one count of aggravated identity theft. He is being held without bond in the Harnett County jail. Foreclosure News
Your consumer protections on the brink of destruction in Congress
ByadminWhen Congress sought to make sure that abuses by the financial industry that put our economy on the brink of collapse would never be repeated, it created the Consumer Financial Protection Bureau. Since its founding in 2011, the CFPB has delivered resoundingly, providing $ 12 billion in relief to 29 million consumers wronged by banks…
AG Shapiro warns of mortgage modification scams across PA
ByadminAttorney General Josh Shapiro today alerted consumers to mortgage modification scams taking place across Pennsylvania and announced restitution for consumer victims of Michael Rabel, an attorney who scammed consumers in Western Pennsylvania During the first three months of 2018, the Office of Attorney General has already received 15 complaints from consumers about mortgage modification scams,…
Hurricane season responsible for 10% of delinquent mortgages
ByadminWhile mortgage payment delinquencies are generally down across the country, they were explainably up in states hit by Hurricanes Irma and Harvey, resulting in a slightly raised annual delinquency rate, according to the October 2017 Black Knight Mortgage Monitor. Irma and Harvey can be blamed for a total of 229,000 “past due” loans, which represent…
Long-vacant Sedlak building rehab well underway in Larchmere
ByadminThe “Shakerlan” development will consist 14 apartments, retail, a parking and event area surrounded by artists' studios with glass overhead doors, a courtyard and green space behind the smaller separate building to the west. “The apartments are well under way, and the overhead doors should be arriving within a month,” project architect Mark Fremont said…
Mortgage delinquencies creep up, but healthy economy keeping them tame
ByadminMortgage delinquencies inched up, in part from natural disasters hindering homeowner performance, but a stronger economy is still keeping them low, according to the Mortgage Bankers Association. The delinquency rate for single-family residential properties rose slightly to 4.47% of all loans outstanding at the end of the third quarter, marking an increase of 11 basis…