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Recent News

How to find and buy a foreclosure property?

How do you find a foreclosure property? You can get fantastic deals if you know how to buy them. When purchasing a foreclosure or bank-owned property, it is imperative you understand if the property is subject to the title or lien theory of mortgages. Each theory has...

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How Much Do Bankruptcy Lawyers Make?

How much do bankruptcy lawyers make? How should I pick a bankruptcy lawyer? What chapter should I file? Bankruptcy attorney Diego G. Mendez, Esq. explains all you need to know when you are getting ready to hire and see a bankruptcy attorney. Questions to ask your...

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Mortgage Equity Withdrawal Increased in Q2

This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008. The following data is calculated from the Fed's Flow of Funds data (released today) and the BEA supplement data on single family structure...

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Fear of Bankruptcy Holds Too Many People Back

Each year, only a fraction of the Americans who could benefit financially from bankruptcy actually seek relief, according to an Associated Press commentary. About 14 percent of U.S. households — or roughly 17 million — owe more than they own, according to Federal...

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End of COVID Mortgage Forbearance Can Cause Problems

Forbearance protected millions of people from the loss of their homes even if they couldn’t make monthly payments. Now, for the first time, we’re beginning to see cracks in the system. Looming ahead are several major concerns. How will the homeowner repay “skipped”...

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