In a short section of its most recent quarterly report , Wells Fargo revealed that for more than 5 years, beginning in April 2010, the company made “an automated miscalculation” that dropped 625 mortgage holders below a threshold where they could receive a loan modification. 400 of these people subsequently had their homes foreclosed on.
The year was 1968. Martin Luther King Jr. had been assassinated a week earlier. His death plunged the nation into moral crisis, and cities went up in flames. Foreclosure News
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Many homeowners refinance their mortgages to reap the various benefits involved. When you refinance a mortgage, you're essentially trading your old home loan for a fresh one with new terms. Foreclosure News
The stalled Las Olas Ocean Resort across from Fort Lauderdale Beach is headed for an Aug. 15 auction after months in U.S. Bankruptcy Court. The stalled Las Olas Ocean Resort across from Fort Lauderdale Beach is headed for an Aug. 15 auction after months in U.S. Bankruptcy Court. Foreclosure News
Foreclosures fell to a 12-year low in 2017, offering more evidence that the housing crash is slipping into history. According to Attom Data Solutions , foreclosure documents were filed on 676,535 U.S. properties in 2017, down 27 percent from 2016 to the lowest level since 2005. Foreclosure News
A woman in a suburb of Columbus, Ohio, was sued twice, by two different creditors, over the same overdue student loan. Another person, in Illinois, was taken to court over a loan that had already been paid off. Foreclosure News
