Bank of America’s persistent failure to modify home loans has resulted in the inevitable: a consumer class action lawsuit. Last week, Susan Fraser of Missouri filed suit on behalf of herself and other qualified homeowners whom …
Allstate is suing Bank of America and its Countrywide Financial division over Countrywide’s sale of $700 million in mortgage-backed securities to the insurance giant, alleging that Countrywide knew in advance that the assets wo…
Las Vegas has always been a place of dreams, promising that pennies can turn into fortunes, cities can rise from the desert, and property values can rise without limit. But you can also lose your shirt there, and the real estate crash has hit Sin City harder than any other place in the country.
Continue reading A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO]
A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO] originally appeared on DailyFinance on Wed, 08 Dec 2010 07:00:00.
Filed Under: Economy, Real Estate, Video, Special Report
Bank of America challenges testimony by one of its operational leaders — that Countrywide may have held on to homeowners’ notes that it should have put into a trust. But the testimony is reinforcing fears that BofA is in big t…
The percentage of unemployed managers and executives relocating for new positions fell to a record low in the third quarter, according to analysis by Challenger, Gray & Christmas. The relocation rate for the last four quarters …