The Florida Supreme Court is set to hear oral arguments in a lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial liabilities in the state where they face the bulk of their foreclosure-fraud litigation.
Ecuador’s legislature has passed a bill that would require banks to forgive any outstanding debt on mortgages for first-time home buyers of properties worth up to $146,000 if they default and forfeit the home.
A new lawsuit, which is bordering on the unbelievable, implicates the Obama administration and some of the world’s largest banks in the largest international money laundering case in history.
City of Roswell bullies original mortgage holder into selling note to phony trust company
Here at Flavorpill, we’re pretty big book nerds. We’re such big book nerds that what we’d really like, more than anything, is to live in a house made of books.
More than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and Federal Housing Administration loans that require only a tiny down payment are partly to blame. That figur
After 3½ years, the Troubled Asset Relief Program (“TARP”) continues to be an active and significant part of the Government’s response to the financial crisis. It is a widely held misconception that TARP will make a profit. The most recent cost estim
Earlier this month, a judge approved a settlement between five major banks and nearly all of the state attorneys general.
Even before the financial crisis, Detroit was known for its undervalued real estate. Now, a bad situation is even worse.
For nearly two years, I have been warning in my articles posted on BUSINESS INSIDER that there is no housing bottom in sight. I’ve been correct.
A handy new music video explains, in lay person's terms, the foreclosure crisis and loan modification fiasco.
In the areas around San Diego, the all-in cost of renting a house is more expensive than buying a house.
I have argued before why zoning laws are inconsistent with a free society's principles, in particular with the principle of private property rights.
“If you don’t own a home, buy one. If you own one home, buy another one, and if you own two homes, buy a third and lend your relatives the money to buy a home.”
Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end.
As many as 1.25 million foreclosed homes will hit the market this year as the foreclosure probes end.
The company, which has bought about 1,200 homes since 2008 — and is now buying five to seven a day — is an early entrant in a business that some deep-pocketed investors are betting is poised to explode.
When Frank Verna pulls up to a battered, four-unit apartment building at lunch hour, he's just over a mile as the seagull flies from the gated oceanfront palaces of South Florida's wealthiest.
With many homeowners facing foreclosure and looking for help across America, many worthless services have cropped up with such promises as “mortgage elimination” or other foreclosure tactics that in some cases are patently illegal. One commonly adver
The housing market started the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.
Many young people are choosing to live at home for a longer period of time instead of buying. Moreover, would-be homebuyers are settling into modern apartments and condominiums, further hindering a housing rally.
The Supreme Court ruled on Wednesday that landowners can sue to challenge a federal government compliance order under the clean water law
A man on his way to work was arrested and thrown in jail without bond, and then subjected to electronic home monitoring from his failure to properly put up siding on his house.
Attorney Lynn Szymoniak had spent a career investigating insurance fraud when a bank moved to foreclose on her Florida home in 2008. Almost four years later, the fraud she said she uncovered by combing through mortgage documents earned her $18 millio
The government is preparing to package and sell foreclosed homes.
10% of the raffle proceeds will be donated to help these people and ministries:single moms, veterans, Omega Man Radio and Stephen Quayle These people have already entered! Don't be left out!
In a town where the median home price is over half a million dollars, Jenine Alexander decided to build her own. Using resources like the tiny house blogs and the 1950 bestselling DIY book "Your Dream Home: How to Build It for Less Than $3,500" (a
The eviction from their million-dollar home could come at any moment. Keith and Janet Ritter have been bracing for it — and battling against it — almost from the moment they moved into the five-bedroom, 4,900-square-foot manse along the Potomac River
The soothing sound of canal water gently lapping against wood as you fall into peaceful slumber has got to be one of the best ways to end a relaxing day of leisurely cruising past sights that many Londoners rarely glimpse.
Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.