For the American economy, 2015 didn’t start in a positive way. Residential construction and retail spending dropped significantly in the first quarter. The value of the U.S. dollar caused export revenue to fall as well, according to CNN Money. These trends harmed major corporations like Apple and Caterpillar. Some financial experts and businessmen believe that…
There’s some good news from the normally depressing world of mortgages and foreclosures. Homeowners in many states have begun to break free from predatory loans without losing their properties. How is this possible? Recent headlines from Florida reveal that courts can nullify foreclosures that exceed the statute of limitations and bar lenders from taking further…
While a foreclosure will be devastating for you in many ways, your bank can actually profit more from your home loss than they do from your mortgage. Some of the nation’s biggest banks are also the worst offenders. From refusing to accept your payments to adding on outrageous fees and even “losing” your modification documents,…
