Throughout history humans have learned to be wary of what lurks in the shadows, waiting to strike. The same principle may hold true as the housing market struggles to recover from the devastating subprime mortgage meltdown of a few years ago. Although statistics based...
Flopping Houses: A New Kind of Mortgage Fraud
In the aftermath of the mortgage meltdown of a few years ago, several new varieties of mortgage fraud emerged, as buyers and sellers scrambled to grab properties and turn them over as fast as possible. Among the latest: , a strategy in which sellers deliberately...
Fannie Mae Sells Foreclosures to Large Investors
how do i get my ex girlfriend back Federal mortgage entities Freddie Mac and Fannie Mae have helped place many Americans in homes of their own. Now, as Fannie Mae announces plans for bulk sales of many of the foreclosures it’s held since the 2008-2011 housing...
The Source of Our Economic Stress
Our recent post on which counties around the United States were mired in the worst level of economic stress begs the follow up question: What are they so stressed about? The source material for the original post was collected by the Associated Press, which also...