Rohit Chopra, the former student loan ombudsman at the CFPB, on how to manage your finances while paying back loans . Businesses in rural areas are having to raise wages to attract workers, while cities have an ample supply of labor, said Atlanta Fed President Raphael Bostic.
Horizon Farm in Barrington Hills has closed to the public again as part of an ongoing legal tussle between the owners who fell into foreclosure and the Forest Preserve District of Cook County. An Illinois appellate court order has thrown the scenic 400-acre estate's future into question. Foreclosure News
The two government-sponsored mortgage giants announced Monday that their annual eviction moratorium will run from December 17 through January 2. While mortgage servicers and lenders may still engage in legal activities related to foreclosure, affected families won't be locked out of the homes. This step should bring “a greater measure of certainty,” Freddie said in…
More than 100 homeowners at risk of losing their homes in Southfield are crying foul and their attorneys are claiming some city officials are making money from the sale of the foreclosed homes. Now, those homeowners are demanding more transparency during a city council meeting on Tuesday night. Foreclosure News
If you're among the many people who watch television programs such as “Flip or Flop” or “Flipping the Block” and think you can become a master flipper yourself, you're not alone. The frenzy for flipping – which refers to homes that have been purchased and sold within one year – echoes the height of the…
In this case, which seeks to set aside a foreclosure sale arising from unpaid homeowners' association dues, the court follows the equity method and adds the amount of the home's mortgage to the price paid at the foreclosure sale to determine that the sale price does not shock the conscience. We affirm the master-in-equity's denial…
RCO Legal, once one of the largest foreclosure law firms in the Northwest, is shutting down permanently in December, a victim of the strong economy and housing market. Joshua Schaer, an RCO lawyer, informed a federal judge of the pending shutdown in a Dec. 4 court filing. Foreclosure News
