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What You Should Worry About If Your Lender Sold Your Mortgage to Another Bank

MyBankTracker | Posted 08.01.2014 | Money
MyBankTracker

Have you ever taken out a loan from a mortgage company or bank only to find out a few months down the road that it's been sold? Don't be surprised if ...

Warning: Groupon May Be Dangerous to Your Wealth

Norman I. Silber | Posted 05.06.2014 | Money
Norman I. Silber

Merchants basically get it -- to many of them, Groupon looks less like an innovative advertising mechanism than a loan broker, arranging bundles of small loans from consumers, and taking a substantial cut... Consumers don't often see this side of the equation.

How Rate Setting In London Affects Your Wallet

The Huffington Post | Catherine New | Posted 07.03.2012 | Money

In the world of interconnected global finance, when a trader in London uncorks a bottle of Bollinger champagne to celebrate a rate change, there is a ...

Even After Foreclosure, Texas Company Pursue Second Mortgages

The Huffington Post | Harry Bradford | Posted 05.30.2012 | Business

If there’s any upside to foreclosure it’s the relief that comes with no longer being in debt. But one Texas company seems to be testing even that ...

Moody's Downgrades BofA's Debt Rating

Posted 11.21.2011 | Business

Moody's Corp on Wednesday cut the debt ratings of Bank of America Corp, Wells Fargo & Co and Citigroup Inc, three of the largest U.S. banks, on w...

Foreclosure Victims Take Protests To The Streets Of Major U.S. Cities

AOL Real Estate | Ann Brenoff | Posted 11.19.2011 | Business

Victims of the foreclosure mess and housing crisis are taking to the streets -- literally. Street demonstrations are being planned in 10 cities, and i...

When You Don't Have To Pay Your Mortgage

Peter G. Miller | Posted 05.25.2011 | Business
Peter G. Miller

If you've been getting strange calls from your mortgage lender demanding payment, don't be so quick to reach for your checkbook -- such calls could be...

Why Fannie Mae, Freddie Mac Continue To Cost US Taxpayers Billions

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

Of all the companies bailed out by the federal government, mortgage finance giants Fannie Mae and Freddie Mac are shaping up as the deepest money pits...

Judges Siding With Some Homeowners In Mortgage Court Fights

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

FOR decades, when troubled homeowners and banks battled over delinquent mortgages, it wasn't a contest. Homes went into foreclosure, and lenders took ...