A $2.1 billion settlement announced today with mortgage servicing giant Ocwen Financial Corp. could mean $14 million in relief for Missourians. (Updated at 10:30 a.m.)Read More »
Greg Leyh, an attorney in Gladstone, has filed a potential class action lawsuit against Mortgage Electronic Registration Systems, or MERS, a private company involved in millions of mortgage loans throughout the country.Read More »
Bankruptcy filings in the U.S. rose 19.6 percent in November from a year earlier, court records show, as the recession and job cuts pushed more Americans to seek protection from their creditors. Total filings for individuals and companies rose to ...Read More »
Fed researchers warn of rising problems with some prime mortgages
Prime mortgage delinquencies and foreclosures are on the rise, but the region served by the Federal Reserve Bank of St. Louis is faring better than the rest of the nation, according to research by the St. Louis Fed.
The researchers' analysis is also available online by clicking here.
Tagged with: foreclosuresRead More »