The banks' almost near-inability to properly staff qualified personnel was a part of the comedy of errors. As an example, some of it was lost in translation -- literally.
Why is the banking industry -- for the most part, since I personally detest over generalizations, resistant to essentially doing the right thing and/or at least doing it in a timely matter?
As a former 1 percent member who got his backside kicked in the real estate "boom and bust" over the last decade, I'm officially a 99 percent member (misery loves company) -- and it's with unique privilege that I can report stories from the frontline.
WASHINGTON -- Government-controlled mortgage giants Fannie Mae and Freddie Mac could start returning money to taxpayers by 2014, according to the late...
ALCALA DE HENARES, Spain -- Inma Rodriguez lost her job, and now that she's defaulted on her mortgage, she's about to lose her home. But the nightmare...
LOS ALTOS, Calif. -- No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars.
The housing bust th...
Time was when Americans would do almost anything to hang on to their homes. But that commitment appears to be fraying as more people fall behind on th...
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new ...
John Courson, president and C.E.O. of the Mortgage Bankers Association, recently told The Wall Street Journal that homeowners who default on their mor...