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Loan Modification
: Loan Modification & Home Loan NewsIs the Foreclosure Crisis Getting Worse?
By Moe Bedard
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A record number of U.S. homes were were foreclosed upon in the second quarter of 2010, raising concerns that, after years of high home losses, the home foreclosure crisis is not getting any better. Banks repossessed 269,952 U.S. homes this quarter, a 38 percent increase from the same quarter in 2009. Just how bad is [...]Full post as published by Loan Modification & Home Loan News on July 16, 2010 (boomark / email).
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Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings
Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.
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