The banksters made millions of deliberately fraudulent, not "reckless" loans and they most assuredly "created the foreclosure crisis." Hillary went on to throw the victims of these frauds under the bus.
As President Obama prepares to deliver his final State of the Union address on January 12, it's difficult to remember how incredibly bad the economy was when he took office seven years ago and how important financial reform is to getting the economy working again for all Americans.
The Big Short is as powerful an indictment of Wall Street's major con job as you can expect from Hollywood and a title card at the end makes this abundantly clear (no need to proffer any spoiler alerts).
What Goodfellas did for the mob 99 Homes will do for foreclosure (although some may find little difference between the two).
Homeowners who lost their homes to foreclosure are making their reappearance into the housing industry.
In the past couple of months several of my bankruptcy clients received letters from Bank of America releasing them from all liability on second mortga...
By simply following the plan, one day at a time, then one month at a time, your positive financial changes will take you further from your mistakes. And that's how your credit score will improve, as will your peace of mind. So where do you start?
In the next two months, over 25,000 properties across Detroit will be put up for sale in the nation's largest-ever municipal property auction. In any other city, this would be groundbreaking news but, in Detroit, it hardly budges from the status quo.
Remember your childhood summers when you held your breath underwater so long that your head felt ready to explode? For millions of homeowners in America today, being underwater too long has a different impact: they implode.
Let's say you're in California and you met a seller who is willing to sign over the deed. Would you take it? If you do, the seller can come back and void the transaction within two years from that date because you violated the "California Civil Code."
Even the most casually informed reader has likely heard at least some of the troubling news and numbers tied to homeownership in America today.
As of today, May 26, thousands of Detroit properties will slip soundlessly from private to government ownership through a little-known aspect of the tax foreclosure process known as "reversion."
On Mother's Day, I said goodbye to my dog. She didn't die. No, she's still alive and perky at almost eleven years old, but I gave her to my ex-husband.
The case for the widespread use of housing counseling in America's residential housing marketplace is both simple and straightforward.
It breaks my heart to lose the house and not walk away from it as we had originally planned, but no matter what I must forge ahead and show my daughter what it means to make lemonade out of lemons and make that lemonade a bit sweeter.