A New York couple got an early Christmas present when an angry judge wiped out their half-a-million dollar mortgage. The judge's ruling eliminated both the $291,000 owed in principal and the $235,000 owed in interest and penalties.
Calling the bank's behavior 'harsh, repugnant, shocking and...
It's the million dollar question, and it's a heated topic of conversation after years of turmoil in the nation's housing markets -- Will housing markets ever recover?
The question is talked about and debated around water coolers, business offices and even corporate board rooms and seems to have a...
Santa Barbara, CA Dec 10, 2009 -- RealtyStore (http://www.realtystore.com) recorded 11,698 Notices of Default (NOD) in Illinois in November 2009; nearly double the 5,797 figure for November 2008. Such notices are posted when a homeowner is significantly behind on his mortgage payments and a...