Banks bad record keeping is coming back to haunt them. Unable to produce the original mortgage note, courts are not allowing banks to foreclose on homes. This is especially true of the 19% of...
With their homes dropping below what they paid and the interest on their mortgages rising, many homeowners are opting to walk-away from their homes and let the bank foreclose. They are willing to...
Jim Cramer's suggestion that people just turn in the keys to their homes with negative equity encourages people to try to skirt their financial liabilities and disregards the fact that a home is...
The reselling and securitizing of mortgages has made it difficult for borrowers to get debt relief. They can't find out who actually holds the loan. One family with a disabled son fell behind and...
This article is going to seem cold, and maybe it is. But lately, as foreclosure rates have been soaring I’ve been hearing about quite a few politicians who want to help borrowers who got into...
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