The new year saw a substantial improvement to the country’s housing market, as the number of foreclosure starts nationwide dipped markedly from …
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federal legislation
The U.S. Supreme Court is trying to determine whether the federal government should be held accountable for the way it …
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Key provisions of federal legislation known as the Helping Families Save Their Homes Act of 2009 either “encourages” or “requires,” depending on how you read the vaguely worded law, mortgage servicers to modify loans. Mega-lenders were trying to do the right thing. Yet as soon as they entered in to the agreement, they were sued by the investors who really owned these loans. Loan modifications are getting messier.
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