Bank of America Misled Homeowners, Suit Says
Former BoA employees said they were told to falsify electronic records and foreclose on homes....
home foreclosure
Wealth Decreases for Blacks During President Obama’s Term
Foreclosures and unemployment gave black wealth a big hit...
Million-Dollar Home Foreclosures On the Rise
More than 36,000 million dollar homes were foreclosed – or at least listed as defaulted – in 2011, according to RealityTrac, a company that tracks...
What President Obama Could Learn from Jacksonville Mayor’s Race
As President Barack Obama gears up for re-election some say his political standing is on shaky grounds, but America's Wire scribe Craig Kirby suggests the...
5 Signs of a Foreclosure Rescue Scam
One problem that often crops up during the process of fighting foreclosure is the rise of scammers. Here are five warning signs to look out...
Foreclosing as a Financial Strategy
Fannie Mae recently announced that it would penalize borrowers who purposely forego their home loan payments and go into default—even when they can afford them—because...
Your House is a Home—Not an ATM
The nation may be in recovery mode but millions are still stuck in a financial quagmire. Over the past few years, far too many were...
What’s A Short Sale In The Long Run?
Yesterday afternoon I was in an attorney's office and a gentleman came in for a real estate consultation. Unfortunately he fell way behind on his...
Don’t Get Caught in a Foreclosure Scam
Thanks to today's economic turmoil, sparked by an ongoing mortgage crisis, a record number of Americans are facing fears of not being able to keep...
Buying a Foreclosed Home: Good or Bad?
You've heard that the silver lining to all of the change and turmoil of the subprime mortgage crisis is that there are great deals to...