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Foreclosure Investors: More Foreclosures Are Coming Your Way
Published on 2012-02-20 09:45:20
Just over seven months ago, the real estate market was hit with a prediction: there would be nearly one million delayed foreclosures that shouldve hit in 2011 but instead would arrive in 2012.
Shareholders and Wells Fargo Disagree
Published on 2012-02-17 09:07:42
Many lenders desired for the robo-signing damages and the results of other sketchy foreclosure processes and procedures would end with the conclusion to mortgage negotiation talks. However, the agreement failed to protect these lenders from future litigation, which has opened up the flood gates as everyone from investors to government officials are filing lawsuits against major lenders.
The Housing Market is Holding Back the Economy, Says Bernanke
Published on 2012-02-14 09:05:27
The Chairman of the Federal Reserve, Ben Bernanke stated today that he believes his organization is being hindered in its efforts to restore stability to the economy because of the poor performance of the U.S. housing market.
