Would expanded criminal background checks hurt federal job applicants?
ABA Journal Daily News
ABA Journal Daily News
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 […]
When California received $ 410 million as part of a settlement with banks accused of abusive foreclosures, the state used most of the money to offset state deficits. Now an appeals court says the state must return the funds to help homeowners hurt by the foreclosures — like it was supposed to do in the […]
ABA Journal Daily News
Ten years after the foreclosure crisis began, the pain grinds on locally in low-income areas and communities of color, while big financial institutions are riding high with billions of dollars in profits amid record stock-market peaks. So why are banks letting local homes they foreclosed on and now own rack up hundreds of city violations […]
ABA Journal Daily News
Detroit has more renters than homeowners for the first time in 50 years, and according to a recent report, this could be a bad thing. The Detroit Future City report from earlier this month notes that the high number of foreclosures and overall population loss contributed to this. Foreclosure News
The federal government has sold thousands of delinquent Maryland mortgages to private investors through a controversial program that critics argue hurts homeowners and contributes to Baltimore's vacancy problem. Now they're mounting a campaign to try to change the program established by the U.S. Department of Housing and Urban Development in 2010 partly to get bad […]
ABA Journal Daily News
When Rodolfo Valladares went to a Florida branch of the Bank of America in 2008, he was just trying to cash a $ 100 check. But… ABA Journal Daily News