As the state of the economy hovers around dangerous lows, many Americans have faced financial hardships. In the past, people that suffered from overwhelming debt loads and the risk of foreclosure were those who simply...
A recent study conducted by analysts at the Federal Reserve Bank of Chicago compared foreclosure rates in their own city with those in four other major Midwestern metropolitan areas: Des Moines, Milwaukee, Detroit, and...
The plan enacted by three Rhode Island cities to prevent foreclosures and ease their impact on homeowners, has had little effect. The plan involved requiring lenders to try mediation procedures before pursuing a full...
This summer, around 250 Southern California homeowners fell victim to one of the largest foreclosure scams on record. After cheating struggling homeowners out of $1 million in debt, the perpetrator was sentenced to 25 years...
For many struggling homeowners, foreclosure can seem like the worst possible scenario. To owe so much money that the bank reclaims your home is a terrifying notion to consider, yet, this is not always the end of the ordeal....
