If the bankruptcy system was doing its job, the mortgage-driven financial crisis should then have led to a sharp increase in filings under Chapter 13. Homeowners unable to keep up with their mortgages should have been able to file for relief under …
It’s premature to declare victory just yet,” said Rick Sharga, a RealtyTrac senior vice president … The RealtyTrac report follows an encouraging report last month from the Mortgage Bankers Association. It said the percentage of borrowers who had …
Camp Korey, a nonprofit that operates free camps for children with serious illnesses, has sold its farm to the foundation created by the founders of Carnation Milk. The foundation then granted Camp Korey a 30-year lease on the 818-acre farm for a …
The mother and son owners of the strip club made infamous by the shooting of Sean Bell have been charged in a mortgage fraud case in Queens. Martina Duran and Robert Arias were due in court Tuesday to face larceny, identity theft and other charges …
Political support for the San Francisco Lesbian, Gay, Bisexual and Transgender Community Center was strong, but members of the Board of Supervisors’ budget … helping the nonprofit community center meet its mortgage obligations so it doesn’t face …
A home-equity loan, also known as a second mortgage, lets homeowners borrow money by leveraging the equity in their homes. Home-equity loans exploded in popularity in 1996 as they provided a way for consumers to somewhat circumvent that year’s tax …
Net worth is the value of assets such as homes, checking accounts and investments minus debts like mortgages and credit cards. Even with the gain, Americans’ net worth would have to rise an additional 21 percent just to get back to its pre-recession …
I just hadda say that. They hold our mortgage. They do because they bought it from the bank who made the original loan. They tell us about changes in escrow in notices they send in JUNK MAIL. When we don’t change our autopay, they put the mismatched …
Dan Wallrath recently presented Reyes and his wife with an unexpected gift: a home built especially for them, mortgage-free. “Thank you … I had no idea how I was going to pay for it,” Schulz said. “I just knew that I had to get it done.”
What does my bonus have to do with the mortgage-backed securities [MBS] trader who is sitting on losses? Did I or did I not show a profit of $40m to the firm’s bottom line?” Main Street is absolutely flabbergasted that bankers do not understand the …
