Do Black Americans Face Bias in Bankruptcy?
Emil Fleysher
January 27, 2012
A study has found that blacks are twice as likely as whites to wind up in Chapter 13 Bankruptcy.
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A study has found that blacks are twice as likely as whites to wind up in Chapter 13 Bankruptcy.
A Florida state appeals court has asked the Florida Supreme Court to clarify what is required to void a foreclosure sale.
Mortgage principal reduction is an idea that could be helpful to or cause more default among borrowers. Some experts feel that widespread mortgage principal reduction may drive defaults much higher. Also, taking this step may tighten lending by forcing banks to offer “price protection” to borrowers. Moreover, the data shows there is essentially no difference in re-default rates among delinquent borrowers, given only payment reductions. And, those also offered smaller
A draft settlement between the nation’s major banks and U.S. Attorneys General over deceptive foreclosure practices has been sent to state officials for review.
Washington Redskins receiver, Santana Moss, is in foreclosure for not paying the mortgage on his Lighthouse Point
The good news about the current housing market is that there is an abundance of inventory and affordability. However, the most recent numbers show prices steadily declined from October 2010 to October 2011. Overall, housing prices are lower than they were in October 2001. And, in some cities, prices are at their lowest level in 20 years. Real Estate tracking experts are suggesting that 2012 will see neither a big
Fannie Mae and Freddie Mac seek to reduce losses, stabilize neighborhoods and support housing values by turning into rentals a portion of the more than 180,000 repossessed homes in their inventory.
Beware the Impacts of the New “CoreScore” Credit Report
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