FDIC Announces $190 Million Settlement of Residential Mortgage-Backed Securities Claims with Eight Financial Institutions The Federal Deposit Insurance Corporation (FDIC) as receiver for five failed …
A ‘Tsunami’ is About to Overwhelm the Debt Market A tidal wave may be coming to the bond market, and it’s not going to be …
What Could Go Wrong? Home Flipping Up 20 Per Cent Says RealtyTrac Home flipping is on the rise according to a new report. A total …
“It’s a threat because at night it’s very spooky” ~ Zombie Foreclosures: They can be a Death Trap Seminole, FL — It could be the …
Crack Investigative Reporter David Dayen Discusses Chain of Title with Jay Ackroyd Crack investigative reporter David Dayen has been on the mortgage fraud beat from …
Zombie Property Bill Passes Assembly A bill co-sponsored by state Assemblyman Phil Goldfeder (D-Ozone Park) will place stronger regulations on abandoned “zombie” properties. The bill …
Get Out! Fannie Mae Gives Residents of Foreclosed Apartment Complex 30 Days to Evacuate Residents of a local apartment complex have been ordered to pack …
Freddie Mac Sells $130 Million of Seriously Delinquent Loans to Goldman Sachs Subsidiary MTGLQ MCLEAN, VA–(Marketwired – Jun 2, 2016) – Freddie Mac (OTCQB: FMCC) …
More Foreclosures Here We Come Number of properties that are 30 or more days past due, but not in foreclosure: 2,146,000 Number of properties that …
Study: Foreclosed Homeowners Shun Mortgages for Renting Losing a home to foreclosure has left such a bad taste with some former homeowners that they have …
