Showing posts with label Foreclosure. Show all posts
Showing posts with label Foreclosure. Show all posts

Monday, March 11, 2013

Wells Fargo Hounds Disabled Veteran To Death -- Literally

Wells Fargo Hounds Disabled Veteran To Death -- Literally
"A bank foreclosure can be a horrifically stressful event on a young and healthy person. But imagine coping with a bank trying to take away your home because of a typo on their part, and not any fault of your own, when you are a frail, disabled veteran. That's the battle 62-year-old Larry Delassus had to fight even though court records show he paid his mortgage two months ahead of schedule and also paid his property taxes in advance."

Monday, March 4, 2013

Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet

Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet
"The foreclosure crisis in America has had many unexpected twists. But none may be as striking as the latest development: real estate speculators, with billions in ready cash, are swooping into hard-hit locales and buying foreclosed and low-end homes with the same vehemence that created the housing market bubble."

Tuesday, September 11, 2012

Report Blames Big Banks For 800,000 Preventable Foreclosures

Report Blames Big Banks For 800,000 Preventable ForeclosuresAccording to the report — from Ohio State University, Columbia Business School, the University of Chicago, the Office of the Comptroller of the Currency, and the Federal Reserve of Chicago — big banks could have prevented an additional 800,000 foreclosures had they been better equipped to administer the federal modification program