Loans from the housing bubble were repackaged as securities and sold on Wall Street. That put the true holders of the mortgage debt in question.
FORT LAUDERDALE, Fla. (AP) Former NFL quarterback Daunte Culpepper has lost a Florida home he owned to a bank in a foreclosure case. Broward County court records show the nearly 10,000-square-foot home was surrendered in […]
More than 200,000 Californians will each receive checks worth nearly $1,500 this month as part of the national mortgage settlement, the state attorney general’s office said Tuesday.
Unpacking boxes this month was the finish line to a long sprint back to home ownership for Mark and Lori Welch. Both were real estate professionals in 2009, when their financial world caved in around them.
The number of California homes entering the foreclosure process has plunged to a more-than-seven-year low as the state housing market continues to improve.
Homeowners will have increased protections from foreclosure under some of the hundreds of state laws taking effect with the new year.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
California’s housing market crisis appears to finally be easing.
Activists from Occupy Sacramento and Woodland are going to battle this morning attempting to stop the eviction of Woodland family from their home after they say bank mistakes lead to foreclosure.
The multi-billion dollar settlement between the attorneys general of a number of states and major banks will only help a small fraction of Sacramento-area homeowners who are underwater on their mortgages.
President Barack Obama called for Congress to pass a plan to help homeowners in danger of foreclosure, but a number of national lawmakers, including some from California, are already pushing forward a plan.
More than five million homeowners in the U.S. are at least two months behind on their mortgages, and one of those homeowners being threatened with foreclosure is the founder of Foreclosure.com.