GMAC Mortgage told its agents and brokers to stop foreclosures on homes in 23 states, including Florida, Illinois, Indiana and Ohio.
Continue reading GMAC Mortgage Stops Foreclosures in 23 States
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Obama’s decision to tap Elizabeth Warren as advisor for a new financial watchdog group has raised the ire of consumer and business advocates, who argue that her appointment undercut the goals of clarity and transparency.
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As the number of foreclosures continues to rise and more homeowners find themselves underwater, it’s hard to argue that housing values have ended their fall. But when will the market finally bottom out? It could take several mo…