Nevada sues Bank of America
Arizona accused the corporation of violating a 2009 consent judgment with the state in which it promised home loan modifications. The state accuses BofA of failing to do so and also of.
Arizona accused the corporation of violating a 2009 consent judgment with the state in which it promised home loan modifications. The state accuses BofA of failing to do so and also of.
Consumers must have a trifecta of enough equity, a high credit score and a healthy relationship between their debt and income to take money out of their house via a cash-out refinance, home equity loan or home equity line of credit, also called a HELOC. “The standards were already fairly tight, but now with a…
His wife had died, his career had been ended by injuries, and struggling to get by on his disability check, he had scraped together just enough to pay a lawyer to avoid imminent foreclosure on his modest Brooklyn home. The man on the phone offered a godsend: The foreclosure could be averted, the legal fees…
More than 8,000 residents of Flint, Michigan are in danger of losing their properties to foreclosure as the local government recently issued tax liens for unpaid water and sewer bills. The residents were prompted to settle their balances by May 19 to prevent the local government from placing tax liens on their homes. Foreclosure News
Home sellers in 2017 got the highest return on their investment since before the housing crisis, according to a report from property database Attom Data Solutions. Sellers gained an average of $ 54,000 on their home price for an average 29.7 percent return on investment, the report said. Foreclosure News
The U.S. financial system had been shaken to its core by the collapse of Lehman Brothers a few months earlier, plunging prices for stocks and a freeze-up in lending. That turned out to be the day the stock market bottomed out after that crisis, however, and the beginning of the current bull market, which is…
When jobs are added to the economy faster than houses are added to the market, property values become inflated, mortgage and rent payments increase, and so do foreclosures. The state's economy has surpassed all but five nations' in size . Foreclosure News