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Tag Archives: Short sale

Banks Unfairly Foreclosed On Homeowners

This past week saw several news agencies reporting that as a result of a review of mortgages, several big banks have uncovered hundreds of cases of improperly foreclosed loans. Over 700 active military members lost their homes due to the improper handling of their delinquent loans. According to the Servicemembers Civil Relief Act, lenders cannot […]

Foreclosures on Rise Nationally by Andy Karpf

The number of homes that received first time foreclosures notices rose 7% nationally in March, setting the stage for a surge in the properties being repossessed by lenders this year.  This represents the third straight month increase this year and reflects a stepped-up effort by banks to take action against homeowners who fail to keep […]