Headline News Archive

2010

November

06

• Mortgage walk-aways prompt changes in credit scores. With foreclosures soaring - and homeowners with unblemished payment histories abruptly walking away from their houses with no warning to lenders - the two major

• Qué debe considerar antes de firmar documentos como un robot. Los bancos no son los únicos que pasan por alto las letras pequeñas. Los consumidores a menudo también firman documentos como robots. Echarles

• Si compra casa nueva, ojo con un cargo poco conocido. La polémica tarifa de transferencia privada suele pasar inadvertida en la montaña de papeles de una venta de un inmueble Si busca comprar

05

• Pierde casa por el ‘cuento hipotecario’. Ecuatoriano dice haber sido estafado por un individuo que prometió solucionar su caso Nueva York – De todas las denuncias de fraude inmobiliario llegadas a esta

02

• Banks ease up on foreclosures amid scrutiny. In the Florida courtroom of Chief Judge Victor Tobin, there's been a marked change the past month in the pace of foreclosures that mortgage companies

01

• Millions of homeowners keep paying on underwater mortgages. For almost two years, home foreclosures have swept the nation, spreading misery among once-buoyant families, spattering lenders with red ink and undermining efforts to restart

October

31

• Credit history matters more than before. When the financial crisis hit, many banks became tight-fisted, and plenty of borrowers walked away empty-handed. But financial institutions have emerged from the recession stronger

30

• State A.Gs take on foreclosures. Have you noticed that the lead dogs investigating the mortgage foreclosure mess are not any federal prosecutors or national bank regulators, but rather the state

28

• Most Americans worry about ability to pay mortgage, rent. A majority of Americans now say they are worried about making their mortgage or rent payments, underscoring the extent of economic anxiety in the country

26

• U.S. probing foreclosure processing firms. The more banks foreclosed on homes, the more a little-known company in Florida called Lender Processing Services saw its revenue and stock price soar. For

25

• Recession's reverberations keep pummeling the young. As the nation struggles with the aftermath of the Great Recession, few groups have suffered greater setbacks or face greater long-term damage than young Americans —

• Short sales resisted as foreclosure revives. Bank of America and GMAC are firing up their formidable foreclosure machines again today, after a brief pause. But hard-pressed homeowners like Lydia Sweetland are

23

• Messing with homeowners' tax benefits to cut deficit?. Could the forthcoming report of a bipartisan presidential deficit-reduction commission - due Dec. 1 - lead to fundamental changes in the way home ownership is treated

21

• Battle lines form in clash over foreclosures. About a month after Washington Mutual Bank made a multimillion-dollar mortgage loan on a mountain home near Santa Barbara, Calif., a crucial piece of paperwork

• Florida homeowners build grassroots case against foreclosures. Nearly a year before the national furor over foreclosures began, Lisa Epstein, a nurse, ran into three other amateur sleuths who separately were investigating shoddy

20

• U.S. probes if banks broke federal laws during foreclosures. Federal investigators are exploring whether banks and other financial firms broke U.S. law when using fraudulent court documents to foreclose on people's homes, according

19

• Bank of America to restart some foreclosures. Just 10 days after announcing a nationwide halt to foreclosure sales, Bank of America, the nation's largest bank, said Monday that it would begin resubmitting paperwork

16

• Living together? Time to legally protect your interests. Living together outside of marriage, once associated primarily with Hollywood celebrities and libertines, has become so common that if you tell your parents you're moving

• A little known loan for fixer uppers. Buyers of distressed homes or any other fixer upper not only face the daunting task of turning a run down property into a livable one,

• Avoid foreclosure market until dust settles. Are you out of your mind to even consider buying a foreclosed property right now? Todd Phelps and Paul Whitehead didn’t think they were

14

• Bankers ignored signs of trouble on foreclosures. At JPMorgan Chase & Company, they were derided as “Burger King kids” — walk-in hires who were so inexperienced they barely knew what a mortgage was. At

• Lack of mortgage paper trail could leave banks reeling again. The federal government's pressure on lenders Wednesday to fix the paperwork problems plaguing foreclosures left unaddressed a far greater potential threat facing the financial system

• U.S. to lenders: fix documents, but foreclosures can continue. Federal regulators sought Wednesday to prevent the growing furor over improper foreclosures from escalating, pressing mortgage lenders to replace flawed and fraudulent court documents while

12

• Government makes changes to reverse mortgages. If you have been toying with the idea of taking out a reverse mortgage, note that the market today is significantly different from what it

• California may join probe of lenders that seized homes. California officials are considering joining a multistate investigation of whether lenders have violated foreclosure laws when seizing houses from delinquent borrowers. The investigation, which is