Molotov Cocktail: Fire Deliberately Set at Office of Waypoint Homes After Facing Landlord Complaints

Molotov Cocktail: Fire Deliberately Set at Office of Waypoint Homes After Facing Landlord Complaints Gwinnett County fire investigators are asking the public for information about the identity of a person who started a fire at a local office for a nationwide house renting company that was recently the subject of an ABC News investigation. Fire … Read more

Wall Street’s New Slumlords Under Fire from Tenants Nationwide

Wall Street’s New Slumlords Under Fire from Tenants Nationwide Bruce Nicholson and Lisa Daspit thought they had found the perfect house. They spotted it from the car — a bright yellow bungalow with white trim, partially hidden from the street by an array of palm trees on the lawn — while exploring a favorite neighborhood … Read more

And it’s GONE! Flagstar Bank Just Brought Back The Zero-Down Mortgage

And it’s GONE! Flagstar Just Brought Back The Zero-Down Mortgage Flagstar Bank, has come up with a genius, innovative new mortgage product that they believe is going to be great for their investors and low-income housing buyers: the “zero-down mortgage.”  What’s better, Flagstar is even offering to pay the closing costs of their low-income future … Read more

IN RE Baroni: California Court Holds That HELOCS Are Not Negotiable Instruments Under the UCC

IN RE Baroni: California Court Holds That HELOCS Are Not Negotiable Instruments Under the UCC From the Opinion… The HELOC Is Not a Negotiable Instrument Section 104.3104 of Nevada’s Uniform Commercial Code provides that, among other things, “‘negotiable instrument’ means an unconditional promise or order to pay a fixed amount of money.” Nev. Rev. Stat. … Read more

Hurricanes Could Bring Another Disaster: Foreclosures

Hurricanes could bring another disaster: Foreclosures As life slowly returns to normal in hurricane-ravaged parts of Texas, Florida and Puerto Rico, housing experts and consumer advocates worry another crisis is on the horizon: Foreclosures. Already, legal aid groups are working with people who are struggling to make mortgage payments on homes made uninhabitable by the … Read more

Wall Street Wins Big as Senate Votes to Roll Back Regulation Allowing Consumers to Sue their Banks

“Tonight’s vote is a giant setback for every consumer in this country. Wall Street won and ordinary people lost,” CFPB Director Richard Cordray ~ Wall Street Wins Big as Senate Votes to Roll Back Regulation Allowing Consumers to Sue their Banks Vice President Pence cast a tie-breaking vote late Tuesday to block new regulations allowing … Read more