Real Estate Broker, Geo Geovanni Guilty of Bank Fraud in Orlando Mortgage Scheme
United States Attorney Maria Chapa Lopez announces that a federal jury has found Geo Geovanni (49, Moultrie, Georgia) guilty of one count of conspiracy to commit bank fraud and three counts of bank fraud. He faces More...
Buying Foreclosed Properties: Procedure to Follow
A foreclosed property is one which has been repossessed by the bank because the owner was not able to pay his or her mortgage loan. This type of a property can only be sold after the foreclosure process is complete More...
Fledgling Economy Still Leaving Homeowners Struggling
2007 Marked the start of home prices falling at record rates. Even though mainstream news would have you to believe that the market has fully recovered, people are still struggling today. Throughout the U.S. there More...
Big Cities Remain Under Foreclosure Pressure as Nationwide Levels Hit 11-Year Low
The subprime foreclosure crisis continues to wane as the ten-year mark passes. Foreclosure levels in many cities have fallen to pre-crisis levels, with Chicago being one of the hardest-hit cities. Foreclosures in More...
Foreclosures drop to lowest point since 2007, Florida tops nation as California law delays the filings for consumers
Foreclosure filings in January plunged to their lowest level since April 2007. Notices of default, scheduled auctions, bank repossessions and other filings fell to 150,864 last month, a 7% decline from the previous More...
