201603.08
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New Jersey Leads Nation in Mortgage Delinquency Rate at 7.0%

According to CoreLogic’s National Foreclosure Report New Jersey has a serious mortgage delinquency rate of 7.0% which is more than double the national average of 3.2% New Jersey leads the nation with the highest foreclosure inventory as a percentage of mortgaged homes, as well as the highest rate of serious delinquency, according to the CoreLogic National Foreclosure report for…

201511.14
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$5M Jury Award for One Foreclosure Fraud Makes U.S. Punishment Look Trivial

$5M Jury Award for One Foreclosure Fraud Makes U.S. Punishment Look Trivial Article by David Dayen in theintercept.com 11/13/15 tells of  a couple’s foreclosure fight and award of $5 million in damages. Article suggests that the Department of Justice let big banks escape from paying $32 trillion and settle for less that a tenth of a…

201510.31
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He Built Houses For Years. Now Housing Speculators Are Trying To Hound Him Out Of His Home.

He Built Houses For Years. Now Housing Speculators Are Trying To Hound Him Out Of His Home. BY ALAN PYKE OCT 31, 2015 9:00AM FROM THINK PROGRESS.ORG ECONOMY For decades, Bill Rabolli built firehouses, family homes, and just about anything else people wanted made out of wood in northern New Jersey. A reputation for quality…

201509.26
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PBS Newshour – Is the foreclosure crisis over yet?

Why the foreclosure crisis isn’t over yet PAUL SOLMAN Business and Economics Correspondent FOLLOW Editor’s Note: This is the story of two housing markets — one that’s doing quite well and another that’s still treading water. Economics correspondent Paul Solman spoke with Nick Retsinas, who teaches real estate at Harvard Business School, about the second,…

201509.21
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Why Subprime Borrowers Didn’t Cause the Foreclosure Crisis

Wharton study details why the foreclosure crisis caused by the US housing market bust may have been “more of a prime, rather than a subprime, borrower issue.” Published on 6/5/15 by Fernando Ferreira and Joseph Gyourk of the The Wharton School, University of Pennsylvania and NBER A New Look At The U.S. Foreclosure Crisis: Panel Data Evidence Of Prime…

201502.26
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The Lawyer Who Went from Fighting for Guant

The Lawyer Who Went from Fighting for Guant