Archive for the 'Foreclosure Crisis' Category

Groups hoping to stop foreclosures of home in Minnesota recently sued the government, stating that programs meant to be aids for struggling homeowners to refinance mortgages

Every time Kelli and Lance Thorson believed they had already found their very first home, somebody would end up outbidding them. This has already happened around fifteen times.

Federal and state law officials of enforcement team up all over the country in order to stop homeowners that are despondent from needlessly giving out thousands in money to save homes from getting into foreclosure.

Unemployment keeps rising. Foreclosures keep surging. Lending remains constrained. So what exactly is the administration of Obama waiting for before acting?

Broker tricks were used to help those who do not fall within the terms of credit, to obtain loans. They changed customer revenues, putting a relative as employer, or they used scanners and software to falsify official tax forms. They found ways to hide debts (such as payment for a car) using credit reports (credit [...]

If at the beginning of 2007, apartments in the capital of Latvia, Riga, became more expensive than in Berlin, housing prices fell by 3.5% in June of the same year. That was after during previous months, prices had declined by 1%. In addition, many mortgages are not given in national currency, but in Euros, Swiss [...]