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Foreclosed Homes, A Bargain
Realty websites claim that foreclosed homes are selling at huge discounts, sometimes as low as half of their market price. Although nationwide home prices are down 25 to 70 percent, foreclosures aren’t...
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Jumble of Foreclosures has Officials Laying Down the Law
Florida is currently the U.S.’s busiest state of foreclosures. Last year’s robo-signing fiasco, wherein mortgage servicers’ employees signed off on hundreds of loans daily and claimed to have...
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Mortgage Servicer Revamping Foreclosure Procedures
Last September’s robo-signing scandal was brought to the fore by GMAC Mortgage LLC. This giant in the industry claims it has revamped its foreclosure procedures since then, in order in order to improve...
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Borrowers May be Eligible for Relief from Lender Errors
Federal regulators are planning a comprehensive review that may give millions of homeowners (both current and former) an opportunity to have their foreclosure cases examined. An examination may call...
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Keeping Your House After Filing Bankruptcy
Foreclosure is a crisis that has hit our country hard over the past few years. The financial crisis that we call “The Great Recession” has taken the US by storm. Many consumers are turning to filing...
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