Halloween is over, but zombies and vampires continue to plague the housing market. Those are the names given to problematic foreclosures that can’t be turned into assets by the lending institutions that hold them. And because these properties can’t be sold, financial...
The US Justice Department and numerous state attorneys general have been pressing lawsuits against the nation’s big banks for a variety of crimes and misbehaviors since 2010. Now, housing giant Fannie Mae is joining the party, with a lawsuit of its own against...
Hard as it may be to believe, sometimes the government is there to help. One example is the Consumer Financial Protection Bureau (CFPB). If you think your financial institution is dealing from the bottom of the deck when it comes to loans, debt collection, mortgages,...
Call them vintage. classic or just plain old, homes of a certain age are quietly driving housing sales in markets around the country, as investors and residential home buyers alike snap up these older properties at bargain – basement prices. According to a new report...
The “generation gap” is blamed for differences in attitudes and behaviors on everything from music to careers. Now, according to a new report by the New York Times, it’s a term that can be applied to the way three generations – baby boomers and the so-called...
