In a new Public Television series by World Progress Report, Joan Lunden will help consumers identify scams and hopefully avoid them. With the economy as it is, scams have become common especially scams that...
We're two years deep in the foreclosure crisis and many opponents of mortgage cramdowns in bankruptcy are ardently insistent that allowing mortgage modifications in Chapter 13 bankruptcy will somehow spell the end of consumer...
It what appears to be a strange twist of fate, Carl R. Greene, executive director of the Philadelphia Housing Authority (PHA) is facing foreclosure on his $615,035 home in an upscale development of the...
In 2009 there were 900,000 foreclosures, but already this year has experienced 528,000 foreclosures since January putting us on course to outstrip 2009's foreclosure numbers. Analysts are predicting that more than 1 million American...
The Obama administration has just announced that they will extend another $3 billion in aid to support foreclosure prevention programs and that a third of that money will go directly to unemployed homeowners trying...
For those of us who remember, in 2009 HAMP was touted as the foreclosure prevention savior that would help three to four million homeowners remain in their homes. But that never happened. Here we...
The number of prime mortgages facing foreclosure has shot up 425 percent since 2008 due to falling home values and rising unemployment. Many of those prime borrowers facing foreclosure are choosing to "strategically default"...
