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Home | News | Foreclosure (page 5)

Credit Where It’s Due

The consumer bank card default rate nosedived in a big way, swiping the biggest dip in 12 months this past July. But noteworthy gains notwithstanding, plastic is still far from perfect.

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Out of Their Reach

Mortgage performance is perking up, thanks in large measure to our strengthening economy. But in a paradoxical twist, those same positive headwinds are creating a monetary maelstrom for many homebuyers, who lack the cash to lock a deal.

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Making Restitution

Another mortgage lender/servicer has fulfilled its obligations under a settlement agreement with the Department of Justice. Read on to see which bank, as well as the terms of the deal. . .

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Fighting Off Foreclosures

The FHFA’s May Foreclosure Prevention Report details the actions Fannie and Freddie took to put the kibosh on foreclosures. Did they pack the right amount of punch … or are the Enterprises down for the count?

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