Man fought his foreclosure

Man Fought His Foreclosure For 23 Years. Now He Is Evicted From His Home

Man Fought His Foreclosure For More Than Two Decades Without Paying A Penny Is An American Hero! A Long Island man fought his foreclosure for over two decades. Unfortunately, he lost the battle. The property owner has evicted him from the property. Guramrit Hanspal became known as America’s Most Famous Squatter by the lending industry. […]

Zillow Is Dumping

Zillow Is Dumping Property At Huge Losses In Key Markets

Zillow Is Dumping Real Estate At Losses Across The US. The Company Has The Properties Listed for 33% Less Than What They Paid Zillow is dumping hundreds of homes for fire sale prices. The company has listed hundreds of homes that it owns for less than it originally paid for them. The $25 billion company […]

rising property values

Rising Property Values Mean More Tax Revenue For Local Municipalities

Its Raining Benjamins From Heaven For Municipal And State Governments Thanks To Rising Property Values  It’s Deja Vu all over again thanks to pandemic related rising property values. Property values are rising faster than they did prior to the 2008 financial crisis. As a result, local and state governments are raking in tax dollars just […]

PNC Bank Breached

PNC Bank Breached Fannie Mae COVID-19 Payment Deferral Agreement

Class Action Lawsuit Alleges PNC Bank Knowingly Violated Fannie Mae COVID-19 Payment Deferral Agreement A lawsuit in Maryland is alleging PNC Bank breached Fannie Mae’s COVID-19 payment deferral agreement. The lawsuit states that PNC Bank continued to charge homeowners for past-due monthly principal and interest payments after they opted for the Covid-19 deferral program. The […]

Mortgage Forbearances

Mortgage Forbearances Down 27 Basis Points

Mortgage Bankers Say Mortgage Forbearance Decreased To 2.62%. Ginnie Mae’s Portfolio Finally Below 3% The Mortgage Bankers Association is saying mortgage forbearances are down .27%. They also stated that forbearance portfolio volume declined at the fastest rate in a year. This is in part to mortgage holders exit COVID-19 plans. Exits are expected to pick up […]

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