Housing

Housing and the 2016 Presidential Election

September 28, 2016

What will the next four years look like if the housing market impacts your vote for president? GBSS and the Closing Table Blog examine the options. During Monday night’s debate, Republican nominee Donald Trump responded to Democratic nominee Hillary Clinton’s assertions that he “rooted for the housing crisis” by saying it was “called business.” Embed […]

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Homeowner Beats Bank of America in Small Claims Court

January 6, 2011

A California homeowner sued Bank of America(BOA) in Small Claims Court after they denied his modification request and initiated the foreclosure process. Dave Graham, who lives in California, applied for a loan modification under the Obama administration’s Home Affordable Modification Program (HAMP), which is supposed to give eligible borrowers a “permanent” five-year modification if they make […]

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New Appraisal Rules Frustrating Home Buyers

December 15, 2010

Recently imposed rules and regulations dictating how lenders choose appraisers are frustrating potential home buyers. It is hard enough to qualify for a loan these days but now prospective home buyers are faced with the daunting task of getting a satisfactory appraisal. Under the new rules, lenders are no longer able to hand-pick the appraisers. […]

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Boston Foreclosure Fighters: ‘Banks Are Deceptive In Hosts of Ways’

December 9, 2010

It is no secret that lenders’ foreclosure practices have been placed under the magnifying glass since the recent revelation that the banks’ use of robosigners called into question the validity of millions of foreclosures throughout the United States.  Recent news out of Boston focuses on a ‘host’ of deceptive practices banks are using in order […]

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