How conflicts of interest on the part of a senior banking regulator, Joseph Otting, help explain why the Community Reinvestment Act is on the chopping block. Joseph Otting, Comptroller of the Currency, prepares to testify during a House Financial Services Committee hearing in Rayburn Building in Washington.
A collapsed utility pole leans on a house, after Hurricane Maria hit the island in September 2017, in Yabucoa, Puerto Rico. State Controller Tom DiNapoli is asking the feds to put a year-long halt to home foreclosures in hurricane-ravaged Puerto Rico. Foreclosure News
In 2014, during the 40th anniversary of the Legal Services Corporation , the late Supreme Court Justice Antonin Scalia said, “Equality, equal treatment is perhaps the most fundamental element of justice.” Every American is entitled to a free attorney in a criminal matter if they cannot afford one on their own, and most assume that…
Excellent credit quality and strong performance of post-housing-crisis originations resulted in a steep decline in foreclosure starts in September, according to Black Knight. September's 40,000 foreclosure starts fell year-over-year by 5,200 or 11.5% and month-over-month by 7,100 or 15.1%. Foreclosure News
Following the Florida Supreme Court's recent decision in Bartram v. U.S. Bank, N.A. , 41 Fla. Foreclosure News
Hundreds of thousands of Puerto Ricans face losing their homes upon the expiration of a three-month moratorium on mortgage payments that banks offered after Hurricane Maria devastated the island. less his Friday, Jan. 19, 2018 photo, shows one of multiple properties located in the Esperanza sector that are currently for sale, in Vieques, Puerto Rico….
Cleveland's metro area was hit earlier and harder by the 2007 foreclosure crisis than most cities in the US. Slavic Village, a neighborhood on Cleveland's southeast side, experienced particularly bad aftershocks from the recession. Foreclosure News
