April was a bad month for Whatcom County residents struggling to stay afloat in today's economy. The number of bankruptcies and home foreclosure filings jumped last month, reaching new levels for this area. The 77 local bankruptcy filings were the ..., more
and TheStar.com | Business | What is a power of sale? - Toronto Star When a borrower defaults on his mortgage, the lender (typically a bank) tries to recover its money by selling the property. A power of sale "involves taking possession of the property either by consent, acquiescence or court order" and listing it for ..., more
and Congress moves to protect renters in foreclosed properties - St. Louis Post-Dispatch Congress is poised to make a sweeping national change to foreclosure law, a move that proponents say will keep renters across the country safe from the risk of homelessness. In Missouri, Illinois and most states around the country, a landlord has ..., more
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