Housing News

Cook County Accuses Wells Fargo of Predatory Lending

Wells Fargo Predatory Lending

Cook County Accuses Wells Fargo of Predatory Lending

By Brena Swanson

Cook County, Illinois accused Wells Fargo (WFC) of targeting black and Latino borrowers for more costly home loans than their white counterparts in the Chicago area. Per Bloomberg:

The bank’s tactics start at home-loan origination and continue through refinancing . . . → Read More: Cook County Accuses Wells Fargo of Predatory Lending

Housing News

Chinese Investors Snap Up Property in Bankrupt Detroit

Chinese Investors Snap Up Property in Bankrupt Detroit

Chinese Investors Snap Up Property in Bankrupt Detroit

By Eric Baculinao

The new 10-year visas for the Chinese announced by Obama was another selling point

BEIJING — Bankrupt Detroit’s thousands of empty buildings are being flogged at rock-bottom prices — and Chinese investors are answering the siren call of unbeatable . . . → Read More: Chinese Investors Snap Up Property in Bankrupt Detroit

Housing News

Learn If Your Mortgage Is Compromised

Check If Your Mortgage Is Compromised

How To Determine If Your Mortgage Is Compromised. The following Checklist is intended to assist you in making an initial determination as to whether or not your mortgage has been controlled, manipulated, compromised or destroyed. . . . → Read More: Learn If Your Mortgage Is Compromised

Housing News

For Sale: Renovated Luxury Condo; Can Survive Nuclear Attack

Renovated Luxury Condo

For Sale: Renovated Luxury Condo; Can Survive Nuclear Attack

By Liz Moyer

Affluent buyers worried about doomsday are snapping up well-appointed bunkers built in a former missile silo.

When Tyler Allen agreed to fork over $3 million in cash for a luxury condominium near Concordia, Kan., he wasn’t attracted by . . . → Read More: For Sale: Renovated Luxury Condo; Can Survive Nuclear Attack

Housing News

The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare

Alayne Fleischmann

The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare

By Matt Taibbi | Rolling Stone

Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, . . . → Read More: The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare

Housing News

Dangerous Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

Dangerous Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

By Greg Hunter

Real Estate expert Fabian Calvo says boom bust housing crisis is on the way. Calvo explains, “There are a lot of outlier indicators that show the run-up to another big boom in housing prices. If you look back and consider . . . → Read More: Dangerous Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

Housing News

A Tale of Two Green Homes

A Tale of Two Green Homes

By Leigha Dickens

If you spend enough time in the environmental movement, you'll undoubtedly get wrapped up in the philosophical discussions of what is the most “green.” Paper, or plastic? Off-grid, or grid-tied? Such debates are naturally going to arise in a movement whose . . . → Read More: A Tale of Two Green Homes

Housing News

Does This Look Like A Housing Recovery To You?

Homeownership Rate 2014

Does This Look Like A Housing Recovery To You?

By Michael Snyder

We just learned that the home ownership rate in the United States has fallen to the lowest level in 19 years. But of course this is not a new trend. As you will see in this article, the . . . → Read More: Does This Look Like A Housing Recovery To You?

Housing News

21-count Complaint against MERSCORP Holdings, Inc.

21-count Complaint against MERSCORP Holdings, Inc.

By Dave Krieger

LOS ANGELES — In a timely counterpunch, the Robinson’s new counsel has launched a 21-count Complaint against MERSCORP Holdings, Inc. and MERS, accusing it of concealing its trademark name from Daniel and Darla Robinson in violation of the Lanham Act. The . . . → Read More: 21-count Complaint against MERSCORP Holdings, Inc.

Housing News

Is This a Triple-Dip for U.S. Home Prices?

Home Prices

Is This a Triple-Dip for U.S. Home Prices?

By Jay Jenkins

Seven years ago, the real estate market in the U.S. collapsed from underneath itself. Seven years is a long time. For the average American today, that's about 10% of your life.

After all that time, though, the real estate . . . → Read More: Is This a Triple-Dip for U.S. Home Prices?

Housing News

Mortgage Rate Seen Hitting 17-month Low

Mortgage Rate Seen Hitting 17-month Low

30-Year-Mortgage Rate Seen Hitting 17-month Low of 3.8%

By RuthMantell

WASHINGTON (MarketWatch) — Fresh worries over economic growth may lead to rates for the popular 30-year fixed-rate mortgage tumbling to a 17-month low, a drop that could spur additional refinancing, experts said Wednesday morning after data rattled investors.

The National . . . → Read More: Mortgage Rate Seen Hitting 17-month Low

Housing News

Sell Woman’s Home after Property Tax Mistake

Judge gives Kalamazoo County Green Light to Sell Woman’s Home after Property Tax Mistake

Judge gives Kalamazoo County Green Light to Sell Woman’s Home after Property Tax Mistake

KALAMAZOO COUNTY, Mich. — A Kalamazoo County judge has sided with county officials in a dispute where a Richland woman says her home is being seized over a property tax mistake.

FOX 17 first talked with . . . → Read More: Sell Woman’s Home after Property Tax Mistake