Though proponents to the settlement characterize it as little more than a slap on the wrist, big banks could soon be required to shell out some cash to homeowners affected by deceptive lending and foreclosing practices.
Entries Tagged as 'Foreclosures'
Big Banks Getting Off Easy In Settlement on Illegal Foreclosures?
January 26th, 2012 · 2 Comments · Mortgages
Tags: Ally·bank of america·banks·Chase·Citi·Economy·Foreclosures·homeowners·Mortgages·Settlement·U.S.·Wells Fargo
New Jersey Supreme Court Lifts Freeze on Foreclosures
August 19th, 2011 · No Comments · Mortgages
After a 7-month reprieve for New Jersey homeowners facing foreclosure, a state Supreme Court Justice has cleared the way for big banks to resume foreclosures once again.
Tags: bank of america·Citibank·foreclosure·Foreclosures·housing market·JP Morgan Chase·New Jersey·One West·robo-signing·Supreme Court Justice Stuart Rabner·Unemployment·Wells Fargo
Largest U.S. Metro Areas See Decline in Foreclosure Activity?
July 28th, 2011 · No Comments · Mortgages
According to a report issued yesterday by RealtyTrac Inc., in the first half of 2011 foreclosure rates fell in 84 percent of metropolitan areas with a population of at least 200,000 people.
Tags: Default·Economy·foreclosure·foreclosure rates·Foreclosures·homeowners·housing market·mortgage lenders·Mortgages·RealtyTrac·recession·repossessions·unemployement
U.S. Bankruptcies Continue Decline
June 6th, 2011 · No Comments · Bankruptcy
On news that New York logged its 11th straight month of declining bankruptcies – with similar stories in Pennsylvania and Arizona – all signs point to the nationwide trend continuing.
Tags: ABI·American Banking Institute·arizona·bankruptcies·Bankruptcy·California·credit·East Coast·Foreclosures·New York·Pennsylvania·robo-signing·West Coast



