I Filed for Bankruptcy at Age 21 — Here’s What I Learned
You've probably heard that Donald Trump had four bankruptcies, but what does it really mean? Let me tell you my story to really explain what bankruptcy is and how it can be one of the most powerful tools in business. Growing up I had a somewhat unique situation. Foreclosure News
Here’s the reason why student loans aren’t being paid off
Last month, the US Department of Education admitted that a much larger number of students are defaulting on student loans than previously reported. [T]he Education Department released a memo saying that it had overstated student loan repayment rates at most colleges and trade schools and provided updated numbers. Foreclosure News
Missing out on midyear in Miami? Here’s the roundup of what’s gone on
ABA Journal Daily News
Here’s how the economy could combust, according to the Bank of Canada
“People can often cope with these vulnerabilities for an extended period,” Joshua Slive, a senior policy advisor with the Bank of Canada, said in the video . First, a sharp hike in unemployment would leave many households in a “difficult position,” forcing Canadians to default on mortgages. Foreclosure News
Millennials were avoiding buying homes, until now. Here’s why.
The nation's housing market in 2017 will be punctuated by an increasing use of drones, millennials stepping up their homebuying and uncertainty over how a Trump presidency will play out. Lower interest rates, lower gas prices and stronger wage growth have all served to boost the nation's housing market this year. Foreclosure News
Here’s the Wells Fargo Foreclosure Lawsuit on the Region’s Bank Building
Wells Fargo Bank N.A. has filed a foreclosure lawsuit on the Regions Bank building at 400 W. Capitol Ave. in Little Rock, the Arkansas Democrat-Gazette reported today. Foreclosure News
Here’s when people with foreclosures and short sales are eligible to borrow again
For people with foreclosures or short sales on their record, the waiting period depends on if there are “Extenuating Circumstances” EC or if the foreclosure or short sale was due to “Financial Mismanagement” FM . A large number of the foreclosures were in 2009 and 2010, so those people will be eligible to borrow soon. […]
Here’s Why It Feels Like Rent Is Eating Up Your Entire Paycheck
This is the clearest explanation for why more and more people are struggling to afford a place to live: in the last 50 years, rents have gone up significantly faster than incomes. Renting has taken off in the wake of the foreclosure crisis, and 36 percent of Americans are renting, a larger portion than anytime […]
Here’s how Wells Fargo will report Thursday
As Wells Fargo gets ready to report on Thursday morning, investors are preparing for its earnings to be lower than 2015, according to an article by Ciara Linnane for MarketWatch . The fourth-largest U.S. bank by assets, and its biggest mortgage lender, is expected to reflect the pressure being exerted by low, or even negative […]