Tag: foreclosures
Bank of America Has Prevailed In Ghetto Loans Lawsuit
Bank of America Has Prevailed In The Cook County Ghetto Loans Lawsuit As 7th Circuit Court of Appeals Rules In It’s Favor Bank of America has prevailed in a ghetto loans lawsuit brought against it by Cook County, Illinois. Cook County sued the bank alleging predatory mortgage loans to Black and Hispanic borrowers in the Chicago…
Foreclosure Alert! These States Have The Highest Rate Of Foreclosures
Foreclosure Alert! These States Have The Highest Rate Of Foreclosures In the US So Far In 2022 Foreclosure Alert! It has been well over a decade since America’s foreclosure disaster. The primary cause was that too many Americans with poor credit were given variable-rate mortgages. Mortgage interest rates rose and many lost their jobs. As…