The U.S. homeownership rate is finally poised to rise significantly as household formations by owners grew faster in the first quarter than those by renters — the first time that's happened in more than a decade. While the share of Americans who owned their homes was up only slightly from a year earlier, at 63.6 percent, […]
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A bank run by Steven Mnuchin, President-Elect Donald Trump's pick to be Treasury secretary, may have engaged in “widespread misconduct” while foreclosing on homeowners, according to a leaked 2013 memo written by lawyers in the California attorney general's office. The memo urged top officials in then-Attorney General Kamala Harris's office to sue OneWest Bank over […]
A former Gophers basketball star and his wife are charged with theft in connection to an Apple Valley home sale in 2011. Sam Jacobson and his wife, Traci Jacobson, each were charged Tuesday with theft by false representation and theft by swindle. Foreclosure News
When Courtney St. Gemme-Chandler and her husband bought an older home in Aurora, Colo., in 2012, they assumed it would need some minor TLC. But their elation at the closing table soon turned to frustration when the house started falling apart – and repair costs began piling up. Foreclosure News
Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. This week, go back in time and re-examine the financial crisis and The Great Recession. Foreclosure News
The Florida Supreme Court has struck, as unconstitutional a mandatory fee schedule set by a 2009 state law that limits the attorney’s fees that can… ABA Journal Daily News
Despite efforts by corporate clients to curtail legal expenses over the past decade, rates have risen steadily at many of the nation’s BigLaw firms. Although… ABA Journal Daily News
An hour spent on a security checklist developed by a newspaper columnist can significantly enhance the chance of avoiding hack attacks, he contends. Published in… ABA Journal Daily News