US Banks Agree Foreclosure Settlement Worth $26 Billion

The US government has just announced a deal with five of the country’s biggest banks that will see homeowners given more than $25 billion as part of a settlement over foreclosure abuses.

Rental Homes Increase in Over 500 US Cities

More than 500 mid-size and large cities in the US have seen an increase in the number of rental homes, and nationally this percentage  has increased from 33.8% in 2000 to 34.9% in 2010. This increase comes in the aftermath of the housing market collapse, as nearly 4,000,000 homes have been foreclosed on during the

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