Former Heavy Weight Champion, Evander Holyfield has to move out of his 109-room mansion near Fairburn, Georgia.

New York, NY- Some homeowners could lose their home for as little as a few hundred dollars in unpaid taxes. And while this is a boon for investors it presents a new wave of crisis for the elderly and lower-income homeowners.

San Bernardino County, CA- The state of California has been plagued with foreclosures, and dwindling property tax revenues. As a consequence the state has passed laws to make foreclosure harder and several cities are considering a controversial m ...

Grand Prairie, TX- The widow of a Texas minister has filed a lawsuit against JP Morgan Chase alleging that they caused her husband’s death when they foreclosed on their home.

Washington, D.C. – Many states are facing serious budget shortfalls for a variety of reasons which include contracts with public employees and decreased tax revenue. And in their effort to bridge those gaps state officials have decided to divert ...

Sacramento, CA- If you have ever been the recipient of a foreclosure notice you know that how frustrating it can be to try and get a loan modification. It’s likely that the banks have given you the run-around and you never get to speak to the sam ...

Los Angeles, CA- In the wake of the country’s foreclosure crisis, more states are considering imposing new regulations on mortgage companies in the interest of preventing foreclosure.

California has been severely affected by the housing crisis. A recent study by Core Logic showed the state has been in the top five for completed foreclosure for the past months. But soon residents in the state may get added protections to preven ...

Washington, D.C. - For many of the country’s seniors, their homes are their most valuable asset, but it doesn’t generate regular income, so they often look to a reverse mortgages. But there are risks, including foreclosure, and the Consumer Burea ...

The foreclosure crisis is still raging on, weighing down home prices and hindering economic recovery. And even though new laws have given better protections to homeowners, experts in the industry and economists say there is evidence to show these ...

New York, NY- Homeowners who have been served with a default notice have a few options to prevent foreclosure. A short sale is one very desirable option but the deadline for taking advantage of tax break for these sales is drawing near.

As a consequence of high unemployment, many of our nation’s military members are also facing high foreclosure rates. A new bill introduced to the Senate would extend protections to members of our military and prevent banks from foreclosing on the ...

Washington, D.C. – Some foreclosed homeowners could be eligible for $125,000 in compensation if they were subjected to processing errors by mortgage servicers under new rules detailed by federal regulators.

La Habra, CA- Nadya Sulleman known as Octomom will soon be evicted from the home she moved into shortly after giving birth to eight children. The four bedrooms, three bath house went up for auction Tuesday, but failed to get a single bid, the hom ...

Atlanta, GA- Last week, foreclosure starts rose significantly across the county and Georgia entered the number one in the country, but instead of using their portion of the national foreclosure settlement to help troubled homeowners, lawmakers in ...

New York, NY- Banks and mortgage servicers have been accused of widespread abuse and fraud which led to the inordinate number of foreclosures afflicting the housing market. Investigations were launched into the bank’s practices which led a $25 bi ...

Cincinnati, OH- One of the forgotten and unintended consequences of the foreclosure crisis is the number of abandoned or blighted homes in residential communities. Ohio Attorney General Mike DeWine allocated funds from the national foreclosure se ...

Charlotte, NC- When foreclosure rates dropped earlier this year, housing experts warned that, despite the good news, they anticipated foreclosure starts to rise later this year. And now the predictions are coming to fruition as North Carolina for ...

Sante Fe, NM- Irvine, California-based RealtyTrac reported that foreclosure starts in New Mexico rose 27 percent in May. The firm released May foreclosure statistics today which showed default notices rose nationwide.

Bismarck, ND- Although North Dakota has one of the lowest foreclosure rates in the country, there are still a number of people who may lose their homes. No one is immune to financial problems and if you have fallen behind on your mortgage payment ...