Recent studies show that Canadian homebuyers are becoming increasingly interested in the United States’ property market. In particular, Canadians have begun flocking to cities such as Phoenix, and other warm locations, to...
Category: Financial News
Last quarter, the United States suffered an unparalleled surge in mortgage delinquencies as foreclosures continued to increase and banks offered fewer and fewer mortgage loan modification opportunities. According to the...
According to a report recently released by the inspector general for the Federal Housing Finance Agency (FHFA), Fannie Mae ignored indications that its attorneys abused the foreclosure process. The inspector general has...
The Emergency Homeowners’ Program—a $1 billion federal program designed to assist the unemployed—is due to expire on Friday, having assisted only a fraction of those who applied. In fact, of the 100,000 applicants, only...
This week, the California Attorney General, Kamala D. Harris, withdrew from settlement negotiations with major banks over alleged foreclosure abuses. Harris removed herself, claiming that the deal was unfair to injured...
