via New York Times On Friday, the law firm of Steven J. Baum threw a Halloween party. The firm, which is located near Buffalo, is what is commonly referred to as a “foreclosure mill” firm, meaning it represents banks and mortgage servicers as they attempt to foreclose on homeowners and evict them from their homes. […]
Borrowers whose credit scores fall below standards are finding it easier to access a home loan, as lenders are once again welcoming subprime markets. Not since the financial crisis have lenders been willing to invest in buyers with questionable credit. According to reports, a number of private firms are becoming increasingly willing to accept alternative […]
CLEVELAND – Contractors and communities are responding to a six-month 5 On Your Side consumer investigation that found Cleveland-area contractors ignoring a federal safety law, putting families at risk. The agency responsible for enforcing the law hasn’t done much.
Washington– The Obama administration will spend less than a quarter of the $50 billion it promised to help homeowners facing foreclosure, the nonpartisan Congressional Budget Office said in a report Monday.
