Losing one’s house to the bank can be the ultimate mark of shame in a person’s life. Americans have been brought up to believe that debts should always be paid and that not doing that is inexcusable. Despite this ethical tradition, the nation is ..., more
and Lenders' latest foreclosure strategy: waiting - Herald Tribune Across Florida, tens of thousands of foreclosed homes are being left in limbo, between homeowners who have abandoned them and banks that have not yet taken possession of them. Over the past year, banks and other lenders have canceled up to 50 percent ..., more
and 4 families rebuilding finances post-foreclosure - Arlington Heights Daily Herald Charmaine Boykin and her daughters Zoreah, 9 months, and Alexis, 9, stand outside the Columbia, S.C. home that they lost to foreclosure when the adjustable mortgage nearly doubled. Associated Press Laura Melendez, 34, talks to a reporter at her home ..., more
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