Slowing down pace of foreclosure can be counterproductive: Study

A study by Boston University’s Assistant Professor of Economics Adam Guren and Timothy McQuade, an assistant professor of finance at the Stanford Graduate School of Business, found that “policies that tend to slow down the pace of foreclosure can be co… Continue reading

Slowing down pace of foreclosure can be counterproductive: Study

A study by Boston University’s Assistant Professor of Economics Adam Guren and Timothy McQuade, an assistant professor of finance at the Stanford Graduate School of Business, found that “policies that tend to slow down the pace of foreclosure can be co… Continue reading

Foreclosure filings see small bump in August: Attom

According to the latest data released on Thrusday by Attom Data Solutions, foreclosure filings are up 4 percent from July 2019 but down 24 percent from the same time last year. Continue reading

Where are the vacant homes? Study points to New York and Florida

New York and Florida are the states with the highest number of vacant homes, according to a new Attom Data Solutions study released Thursday. Continue reading

HUD Secretary slammed for confusing REO with Oreo cookies

Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion. Continue reading

Wells Fargo foreclosed on 500 people due to ‘calculation error’

Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed Tuesday. Continue reading

Mail bomb suspect Cesar Altieri Sayoc lost home to foreclosure during crisis

Cesar Altieri Sayoc, the man charged by the U.S. Department of Justice Friday with sending at least 13 packages containing explosive devices to leading Democrats and vocal anti-Trump critics had his Fort Lauderdale home foreclosed on during the 2009 fi… Continue reading

$10M Houston mansion most expensive foreclosed home in US

A Houston mansion with nine bathrooms and 15,000 square feet of space is now the country’s most expensive foreclosed property, clocking in at $9.75 million. Continue reading