The number one reason so many homeowners ended up in foreclosure during the housing market crash was that they ended up under water on their mortgage. 420 more words
Tags » Foreclosure Crisis
Poliidiots of the Month: HSBC -to pay settlement for defrauding taxpayers through foreclosure processing
This HSBC defrauding taxpayers is just another reason why we cant trust corporations and why anyone in support of them needs to wake up!
Pretty much anyone would agree that foreclosure isn’t exactly a good thing. That doesn’t mean that nothing good comes from it however. According to research conducted by the Federal Reserve Bank of Philadelphia, the foreclosure crisis may have unintentionally served to help many Americans pay off much of their debt. 339 more words
BY MATTHEW DESMOND
Matthew Desmond is an Assistant Professor of Sociology and Social Studies at Harvard.
Patrice is, in many ways, typical. A low-income woman, she’s struggling to find affordable housing in Milwaukee. 818 more words
Each state has its own foreclosure laws covering the notices the lender must post publicly and/or with the homeowner, the homeowner’s options for bringing the loan current and avoiding foreclosure, and the process for selling the property. 2,663 more words