For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...
The vast majority of foreclosed properties that reach auction do not sell and therefore become lender-owned, or real estate owned (REO). REO properties cause several problems for the neighborhoods and cities in which they are located.
Each month, Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal." "Conventional" home sales were up 26% year-over-year in December.
Is it any wonder that we are bombarded on a daily basis about the new lows to which public confidence in government agencies, elected officials and corporations has sunk?
From climate change to human rights, President Obama sketched out a progressive agenda, but he neglected a crucially important element: finally ending the foreclosure crisis which continues to uproot families and blight communities.
Since 2009, the California State Bar has inexplicably taken two fundamentally opposing positions regarding fees for pre-negotiation services which are necessary for a successful loan modification.
Loma, Colo., is a small town, a very small town indeed, but one that Louise Davidson had called home until she was until she was evicted in April 2012 by Fannie Mae, the owner of her mortgage.
I'd dearly love to stop writing about flawed efforts to help victims of wrongful foreclosures, such as the recently announced settlement with a group of major banks, but we're running out of chances to get this right.
Nationally, rents rose 5.2 percent year-over-year, still slightly ahead of the national price gain of 5.1 percent. In Houston, Chicago, Philadelphia, and Baltimore, rents are rising much faster than home prices.
The Independent Foreclosure Review (IFR) was a terribly flawed enforcement action during which banks hired independent consultants to assess abuses and compensate the homeowner.
It must've been like old home week when the old gang of Wall Street and Washington insiders finalized a couple more cushy settlements last week. But there was an empty chair at the negotiating table. That chair belongs to you, and it belongs to me.
So time marches on and so do the foreclosures. Justice for homeowners impacted by the fraud is yet to be achieved, and -- if the financial services industry has its way -- the remuneration will be paltry at best.
The path to recovery from the foreclosure crisis is not going to be found by hurrying people out of their homes. What we need to expedite are ways to keep homeowners in their homes whenever feasible.
Congress created the VA loan program in 1944 as part of the massive GI Bill. The government basically insures a portion of each loan, and that security help spur the country's post-war housing boom. Today, VA loans are more popular than ever.
Tuesday in Lansing, Michigan National Action Network will stand shoulder-to-shoulder with other citizens at the Capitol to show the governor and other elected leaders that we will not stand quietly by while they hurt our families and communitie.
According to Governor Brown, homeowners have suffered from abusive tactics. While acting in good faith, these homeowners are endeavoring to save their homes, while their lenders have not been transparent or committed to working with them.