Even the wealthy now are walking away from mansions in Las Vegas A growing number of high-end homes are selling at a loss or facing repossession by lenders in Las Vegas, which already has the highest rate of foreclosure filings among large U.S. cities. The wave of defaults that began with subprime borrowers and the [...]
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B. of A. moving away from wholesale mortgages
B. of A. moving away from wholesale mortgages SAN FRANCISCO (MarketWatch) — Bank of America Corp. said Tuesday it will move away from selling mortgages through brokers to concentrate on direct-to-consumer mortgages. The bank said it will exit the first mortgage wholesale channel “following an orderly transition of loans currently in process.” Bank of America [...]
Dangers of walking away from your mortgage
Dangers of walking away from your mortgage Underwater homeowners who skip out on their mortgages face a slew of consequences. Read more on Bankrate.com via Yahoo! Finance
How does repossession work if the item was given away?
My sister was given a refrigerator by her sister in-law a year ago. They are no longer speaking. Her sister in- law called her today and said she need the refrigerator back. Also her and her father haven’t been paying for the refrigerator. Her father passed away early may. (not sure if this is any [...]
Prom-goers watch repo man drive away their ride
Prom-goers watch repo man drive away their ride Associated Press – April 18, 2010 5:55 PM ET JENKS, Okla. (AP) – High school students attending a prom in Jenks say they watched as a repo man drove away a limousine they had been rented for… Read more on News On 6 Tulsa
In the new Armored movie they want to steal $to save a house from foreclosure, how would they get away with it?
They are going to steal money to pay off a house foreclosure. How are they going to get away with that after they get the money. Is that actually possible. Where would they say they got the money or what is the deal with anyone that would steal that amount of money. How would they [...]
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