To protect homeowners and renters still affected by COVID-19, ABA and White House team up on new initiative
ABA Journal Daily News
ABA Journal Daily News
William Harding worked at an electronic manufacturer in Lexington, Kentucky for more than fifteen years before the company downsized in late 2014, after a merger. He was able to find another job a few months later as a systems analyst for a local oil company, which was soon bought out by a portfolio company, Tenex, […]
Not too long ago, homeowners who experienced bad luck and lost their homes due to financial troubles beyond their control had a reasonable method to fast track their re-entry into the real estate market. Today, a consumer who sells his or her home in a short sale or loses it in a foreclosure would have […]
A man places a bank owned sign on top of a for sale sign in front of a foreclosed home on in Miami, Florida, back in 2011. Nearly 7.8 million homes went into foreclosure between 2007 and 2016. Foreclosure News
The Las Vegas skyline and homes are shown from over the ridge of a construction site for a new residential community by Pardee Homes at the edge of North Las Vegas, Aug. 11, 2018. North Las Vegas was an icon of the housing crisis, with nearly a third of homes going into foreclosure – now […]
A Florida company allegedly targeted Hispanic homeowners in Orlando using a “predatory” loan-modification scheme that billed them for thousands of dollars in fees while failing to save their homes, the government charged Tuesday. The U.S. Department of Housing and Urban Development filed the charges against the Advocate Law Groups of Florida and attorney Jon Lindeman […]
On August, 16, 2018, FHA announced it is updating its foreclosure prevention option for borrowers in Puerto Rico and the U.S. Virgin Islands impacted by hurricanes Irma and Maria. This will give borrowers with delinquent FHA-insured mortgages easier access to bring their mortgages current without an increase in their interest rates or monthly payments. Foreclosure […]
In a commercial hawking reverse mortgages, the TV actor doesn't tell people how they could get into trouble with the product, a special kind of loan that allows borrowers aged 62 and older to convert a portion of their home's equity into cash. While some say reverse mortgages are useful because they allow the elderly […]
Several South Florida homeowners claim their banks are trying to stick them with attorney fees that they don't owe. NBC 6's Sasha Jones reports. Foreclosure News
Wells Fargo adds to its long list of scandals with an admission that a computer glitch may have caused homeowners to be denied mortgage modifications. How a Wells Fargo computer glitch may have sent 625 homeowners into foreclosure Wells Fargo adds to its long list of scandals with an admission that a computer glitch may […]