foreclosures

President Obama unveiled changes to the Home Affordable Refinance Program in a campaign stop in Nevada yesterday. A city which has been hit hard by the housing crisis. Also read: When I Studied Abroad: Morocco Also read: Best Places to Travel Alone: Australia Also read: Travel Deal of the Week: San Juan, Puerto Rico HARP, […]

A newly released study carries significant weight, defying the popular belief that homeowners who defaulted on their mortgages during the economic downturn are irresponsible deadbeats who can’t manage money. The study, conducted by TransUnion, one of the three national credit bureaus, concludes that many of the homeowners who defaulted on their mortgage only did so […]

NEW YORK — The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their mortgages and more will miss payments as they […]

The city of Baltimore is suing Wells Fargo for racist lending practices according to StockBriefing.com. The company said in a statement that Baltimore has claimed racist, predatory lending practices at Wells Fargo (NYSE:WFC) which they say has led to increased foreclosures for a certain demographic. Read The Whole Story RELATED STORIES Wells Fargo Accepting Applications […]

WASHINGTON — The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation’s toughest job markets.

WASHINGTON (AP) – The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat.

Via: Baltimore Sun In March, 13,000 borrowers became in danger of losing their homes, up from 10,500 in January. That is undeniably one of the largest increases in the U.S. For the entire story, click here.