Foreclosures Homes Links

What Happens When You Walk Away From Your Home?

It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise of the housing bust.Wanting to downsize their lives as they headed toward retirement, they bought a new house in Mesa, Arizona, before they so …

Robo-signing backlog slows foreclosures

Foreclosure activity last year hit its lowest since the recession began in 2007 — but that’s not a good sign for the beleaguered housing market.

Tactics to Fight Foreclosures: Borrowers keep homes without paying

Among the tactics: Challenging the bank's actions, waiting to file paperwork right up until the deadline, requesting the lender dig up original paperwork or, in some extreme cases, declaring bankruptcy. Nationwide, the average time it takes to process a foreclosure -- from the …

Family Wrongly Booted From Home Returns To Wreckage | AOL Real Estate

Amid the avalanche of foreclosure proceedings unleashed by the housing crisis, thousands of families may have been illegally booted from their homes.

BofA Clash With Fannie Mae Escalates Over Loan Buyback Stance

Bank of America Corp. (BAC) told Fannie Mae it refuses to cooperate with the U.S. mortgage firm’s new stance on loan buybacks, setting the lender up for a potential surge in claims and penalties.