Legal

May 16, 2017

Millions of Homes Still ‘Seriously Underwater’

Since the housing recovery began a few years ago, millions of homeowners have gotten their heads back above water due to rising home prices.  That said, […]
May 10, 2017

Foreclosure Process Can Take 5 Years in Some States

A decade ago, a home in Connecticut could be sold to another party about 12 months after a borrower stopped paying a mortgage.  These days, it’s […]
May 3, 2017

Foreclosures Continue Descent but Some Cities Still Struggle

ATTOM Data Solutions recently released its Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter foreclosure activity was below pre-recession levels nationwide and […]
April 26, 2017

Over 40% Students Don’t Make School Loan Payments

More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising […]
April 21, 2017

1.4 Billion Data Records Compromised in 2016

Cyber attackers launched 1,792 data breaches in 2016, which led to almost 1.4 billion data records being compromised worldwide, according to the newly released Breach Level […]
April 12, 2017

Banks Rethink Credit Scores as Changes Take Effect

Come July, TransUnion, Experian and Equifax will no longer include information about tax liens and civil judgments on a consumer’s record if the data doesn’t include […]
March 23, 2017

Justice Department Declares CFPB ‘Unconstitutional’

The case of of PHH Corporation vs. Consumer Financial Protection Bureau just took a turn that is simultaneously shocking and completely expected at the same time.  In a major reversal, the Justice […]
March 7, 2017

New “Invisible” Cyber Threat for Banks

Malicious software, the type criminals use to steal online banking login credentials from customer or employee desktops, has been getting more stealthy and effective over time, […]