Housing
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The average homeowner doesn’t think about so-called “strategic default” on their mortgage until equity falls to 62 percent of the home’s value, a study from the Federal Reserve Board showed.
Tyree Brown, the homeowner who complained that Wells Fargo Bank blindsided him with a foreclosure during loan modification negotiations, has won the first round in court.
Representatives of the Southern Nevada Mortgage Fraud Task Force gathered Thursday morning at the Lloyd George U.S. Courthouse to announce the regional results of a nationwide takedown dubbed Operation Stolen Dreams.
WASHINGTON — The foreclosure crisis appears to be leveling off.
Charles and Roberta Ferraris are trying to do the right thing — to pay their debts and meet their obligations like they were taught by their parents. Money’s been tight since Charles got laid off from his casino job and Roberta had her hours cut at a local accounting firm.