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Featured News
A Short Rant on Ecomomic Disaster: The State of Fair Play 2013
By
Phil Butler
| March 24, 2013
Mortgage
,
US Real Estate
QE3 - Is The FED Using Unemployment As A Cover For Another Bank Bailout?
By
Donna S. Robinson
| September 18, 2012
Happy days are here again on Wall Street, which saw stocks, commodities and gold going higher immediately after the big news that the Federal Reserve will begin an open-ended program of new Quantitative Easing, known affectionately as "QE3". But this time the Fed is going all-in with it's biggest QE yet
US Real Estate
The $26 Billion Foreclosure Settlement: Who Won? Who Lost?
By
Guest Author
| February 19, 2012
A consortium of the Department of Justice and the Attorneys General of every state other than Oklahoma recently announced a $26 billion settlement with the five largest new mortgage and home mortgage refinance lenders to settle claims related to improper foreclosures. Although it has been hailed as a significant victory for consumers and has been compared to the landmark $206 billion 1998 tobacco settlement, the details of the agreement paint a different picture.
Brokerage
,
US Real Estate
Scotland Commercial Market Slowing Further
By
Phil Butler
| February 5, 2012
A sagging real estate market has not just affected the business world in the US. News from Scotland tells of commercial real estate deals there having plummeted as confidence in lending continues to drop.
Featured News
,
Mortgage
,
US Real Estate
Banks Are Lending Money Again, But Not To Everyone Of Course...
By
Mike Wheatley
| October 19, 2011
What with the economy continuing to flounder, you might be surprised to learn that a rather unusual thing has happened. Banks have started lending more money again. According to the New York Times, banks have once again increased the flow of the borrowing tap, and loan growth, despite the fact it is still at a […]
Residential
,
US Real Estate
Reality Hits Home as Peggy Tanous Faces Foreclosure
By
Allison Halliday
| May 16, 2011
Reality star Peggy Tanous seems to have it all, but the truth is she’s already following in the footsteps of other Real Housewives in facing foreclosure, and is currently in dispute with three banks in an effort to try and keep her home in Irvine, California. PNC Mortgage, US Bank National and the BAC Home Loans Servicing are trying to get a foreclosure, but Tanous is fighting back with her own lawsuit as she believes the banks haven't honored a loan modification agreement.
Real Estate
,
US Real Estate
Protests at Bank of America Shareholder Meeting
By
Allison Halliday
| May 13, 2011
Angry protesters set the scene for the Bank of America’s annual meeting at their headquarters in Charlotte, N.C. Shareholders were eager to tell CEO, Brian Moynihan, about the disastrous effect foreclosure has had on their communities.
US Real Estate
Banks Ordered to Reimbursh Wrongly Foreclosed Homeowners
By
Tavis J. Hampton
| April 15, 2011
The U.S. federal government has ordered 16 of the largest lending institutions to pay back those customers who did not get proper foreclosures. Among those on the list are Citibank, JPMorgan Chase, Bank of America, and Wells Fargo, the four largest banks in America. This is the governments latest jab at mortgage lenders designed to […]
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