The English language is always changing. For example, when did “blackstone” become a verb, as in, “I was 'blackstoned' last week and will start collecting unemployment!”? Blockchain is another new word.
Joseph Otting, right, then chief executive of OneWest Bank, speaks at a 2015 hearing in Los Angeles, regarding the bank's purchase by CIT Group. Joseph Otting, right, then chief executive of OneWest Bank, speaks at a 2015 hearing in Los Angeles, regarding the bank's purchase by CIT Group. Foreclosure News
After the meltdown of the subprime mortgage market and resulting Great Recession came an epidemic of foreclosures. Creditors initiating these foreclosures – mostly investment trusts owning pools of mortgages – often couldn't prove ownership of the loans in question, the amounts owed or both. Foreclosure News
Affordable Housing Corporation of Lake County was presented the 2017 IL Housing Counseling Agency of the Year Award by the Illinois Housing Development Authority. From left: IHDA Assistant Director of Community Affairs Monica Enriquez, IHDA Director of Community Affairs Nicki Pecori Fioretti, AHC Director of Housing Services Laura Olvera, AHC Director of Real Estate Services…
From productivity to cooking, mobile apps have revolutionized the way people go on with their daily lives. Now, mobile apps assist with the home buying process as well. Foreclosure News
After adjusting for MSR fair-value changes, impairments and non-recurring costs, Walter still records a huge bottom-line loss due to lower revenue and higher costs. As readers will recall, I pitched Walter in January as a buying opportunity with a binary outcome – either the stock becomes a multi-bagger or stagnates and heads towards bankruptcy. Foreclosure…
Advocates for Puerto Rican homeowners are asking that New Jersey use its considerable influence as an investor to encourage lenders to let up on their foreclosure activity on the hurricane-ravaged island. And New Jersey's government worker pension fund has committed to invest billions of dollars in private equity firms Blackstone Group and TPG Capital, whose…
