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Loan Modification

: Loan Modification & Home Loan News

Homeowners Rent Out Rooms to Stop Foreclosure

By Moe Bedard

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While renting out a room has been around for years, especially in the South Bay’s Latino neighborhoods, sharing a home in order to save it has become an increasingly popular way to hang on to the front-door keys to the American dream. “I’m up against a wall and I had no other place to turn for [...]

Full post as published by Loan Modification & Home Loan News on February 08, 2010 (boomark / email).

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GMAC Faces Class Action over Foreclosure Abuses
GMAC Faces Foreclosure Abuses Class Action

Rent Controlled Apartments
Landlord to pay $10 million settlement after forcing out low income tenants and then selling the buildings for a profit.

Bank of America Faces Class Action over Mortgage Foreclosure Practices
Bank of America Faces Class Action over Mortgage Foreclosure Practices

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

Kitec
Majestic Plumbing to Pay Homeowners $475,000

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