It's unfortunate that a good idea such as mortgage modifications has gone bad in the hands of greedy mortgage lenders. What was designed to give homeowners facing foreclosure a chance to save their homes,...
Economists are finding the foreclosure crisis is spreading like a cancer into one of the most unlikely places, houses of worship. According to the Thomson Reuters Westlaw legal database, foreclosure proceedings against U.S. churches...
Nearly one in 10 American households with a mortgage are behind on their payments, according the Mortgage Bankers Association. And nearly 38 percent of those facing foreclosure reported a significant decline in their physical...
Bogus lawsuits designed to avoid foreclosure will not work. This needs to be said first, foremost and often because too many desperate and vulnerable homeowners facing foreclosure are falling prey to "debtor predators" who...
Credit card delinquencies have dropped slightly while foreclosures continue to rise; but one of the reasons cited for this shift is debtors' neglect of mortgage payments in favor of keeping their credit cards current....
The foreclosure crisis has special significance for homeowners with properties governed by homeowner associations which often charge large monthly fees for the general maintenance of the common areas. Many homeowners who have lost their...
The truth is out, the housing industry is not recovering and the economy may be facing a double dip recession. Sales of previously occupied homes plunged to their lowest level in 15 years and...
