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The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [ 1 ][ 2 ] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including ...
8. Refinance with a hard money loan. You won’t like the high interest rates and fees of a hard money loan — one from a private lender, often an individual — but it might buy you some time to ...
The Texas foreclosure process is swifter than California's, much swifter, giving homeowners who don't declare bankruptcy very little chance to contest the foreclosure, much less discover document ...
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
The mastermind of the fraud, Jewel Hinkles (right), swindled an estimated 1,300 hundred victims out of about $5 million through a network of companies, with names such as Save My Home and Pacifica ...
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [ 1][ 2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...
States with the most foreclosure starts in May included Florida, where 2,901 foreclosures got underway, followed by California, with 2,451 foreclosures started, and Texas, where 2,286 properties ...
The Deseret News ( / ˌdɛzəˈrɛt / ⓘ) [ 3] is a multi-platform newspaper based in Salt Lake City, published by Deseret News Publishing Company, a subsidiary of Deseret Management Corporation, which is owned by the Church of Jesus Christ of Latter-day Saints. [ 4] Founded in 1850, it was the first newspaper to be published in Utah. [ 5]