A lawsuit against JP Morgan-Chase — the nation's largest bank — asserts that the institution paid off the $ 4,200,000,000 in mortgage forgiveness that it agreed to as a settlement for widescale mortgage and foreclosure fraud by committing a lot more mortgage fraud, in which homeowners, ethical lenders, and American cities were stuck with the bill.
A New York lawyer has been sentenced to up to four years in prison in an alleged $ 2.3 million short-sale mortgage fraud scheme. Helene Stetch, 53, of Lindenhurst, was sentenced Wednesday to a prison term of 16 months to four years, according to a press release and Newsday . Foreclosure News
Serious delinquencies on Federal Housing Administration loans popular among first-time home buyers with affordability constraints have improved this year, but may be reaching a plateau. Loans 90-days delinquent, in foreclosure or involved in bankruptcies remained stable at 4.31% in August. Foreclosure News
Black Knight's Mortgage Monitor: Most Borrowers Impacted by Hurricane Harvey Have Significant Equity; 350,000 in Hurricane Irma Disaster Areas Have Negative or Limited Equity Black Knight's Mortgage Monitor: Most Borrowers Impacted by Hurricane Harvey Have Significant Equity; 350,000 in Hurricane Irma Disaster Areas Have Negative or Limited Equity Average combined loan-to-value ratio for homeowners with…
For the second time in six weeks, a company connected to lawyer Roy C. Skelton was poised to profit from a Pinellas County foreclosure auction that confused even experienced real estate investors. Similar to the case of a gulf-front condo that sold for $ 458,100 in June to an unsuspecting bidder, a Largo townhouse sold…
When we visited Ellisa Atherton's living room in Ajax, Ont., in early March, it was crammed – wall to wall to wall to wall – with boxes. In the middle of the room, walled in by boxes, was the family's Christmas tree – Atherton had put it up so it could be a 'real Christmas'…
City Council's unanimous passage of a two-year, $ 140,000 agreement to form a Community Development Corporation with the Future Heights organization was met with a round of applause Monday. That included members of the nonprofit's board and Executive Director Deanna Bremer Fisher, who said the first task will be to hire a real estate development…
