The recent headlines on America’s housing situation paint a rosy picture. Home prices are rising. Housing stock is dropping. And even cities like Las Vegas…
WASHINGTON — The Obama Administration announced Thursday that adjustments will be made to the Federal Housing Administration (FHA), requiring services to extend the forbearance period for unemployed homeowners from 3 months to 12 months, according to the U.S. Department of Housing and Urban Development. Expected to become a standard for the mortgage industry, these adjustments […]
Minnesota– Prince almost suffered what many Americans have gone through when his house went into foreclosure and he stepped up and paid the mortgage in full. The property reportedly fell into foreclosure after he allegedly failed to keep up with mortgage payments Read more at EURWeb RELATED:
Thomas Pridgeon had been faced with losing his home since 2009, when New York-based BNY Mellon filed an action against him in Cook County Court.
The Center for Responsible Lending-a non-profit research and public policy group-released a study, this week, focused on the racial makeup of foreclosures in California. It found that Latinos have experienced notably higher foreclosure rates than non-Hispanic borrowers in the state.
