The Home Equity Theft Reporter: South Florida Feds Charge Three In Alleged Mortgage Scam Resulting In $6M In Fraudulently Obtained Loan Proceeds
The Foreclosure Report: ‘Unendurable Strain’ From ARM Resets The Foreclosure Report: March 2006 – That could become an ‘unendurable strain’ on some households, Cagan said." "States with the lowest percentage of high-risk properties — where borrowers have more equity and are less likely to experience the effect of adjustable-rate mortgage increases, include New York, Hawaii, Massachusetts, Connecticut and New Jersey, the study reported.
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News in December 2012 – While prices remain well off their bubble highs in Nevada, California, Florida and Arizona. Many analysts remain bullish. Rising home values could prompt mortgage lenders to relax their stringent.
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News related to the Foreclosure Crisis – MSFraud.org – Home Equity Theft Reporter: Wells Fargo Bank agreed to pay $42 million to settle a complaint that it failed to maintain foreclosed properties in minority neighborhoods, turning the vacant houses into dilapidated eyesores. The housing groups filed similar complaints against Bank of America and U.S. Bancorp, which are still pending.