foreclosure

CNN.com is reporting that federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders. Most of the relief will go to those who owe far more than their homes are worth, which is known as being underwater on the loans. That relief will come over the course […]

Via AOLBlackvoices: Vicki Valentine has had to live through the foreclosure nightmare that is affecting all of America. She recently watched a crew of men break the lock on her door and take possession of the home she owned for 30 years. Her father paid off the mortgage in 1984, only to see his daughter […]

Via Huffington Post: When two struggling families appeared as guests on The Oprah Winfrey Show to talk about the home foreclosures they were facing, they had no idea a surprise guest would make their problems disappear. The Eller family and the Allgood family shared their stories with Oprah and explained how the national recession took […]