Meet Your Hedge Fund LandlordMother JonesEarlier this year, Carrington announced a partnership with another hedge fund to buy nearly half a billion dollars worth of foreclosed single-family homes and convert them into rental properties. Carrington is by no means the only one doing this. […]
Homeowners In 17 States Getting Shaft In Mortgage SettlementsLez Get RealThe settlement was wrung out of the five largest loan servicers (Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo) to provide retribution for their abuses of servicing and improper foreclosures. The settlement was approved six weeks ago ...and more » […]
Federal regulator questions Calif. mortgage billsKTVNThe HWY-50 Fire started just before 2:30pmMore >> LEWISTON, Idaho (AP) -- A man says he reached down to pick up a stick lying in the gardening aisle of a Wal-Mart in Idaho, only to discover that it was a rattlesnake that then bit his hand.and more » […]