The law had to step in to prevent Sheila Cruz from losing her American dream – her own house. It took her three years to prevent her dream house on Staten Island from becoming a nightmare. But she won against imminent foreclosure.
Her story started in 2004 when she was ready to spend $30,000 of here [...]
Despite the government take over of Fannie Mae and Freddie Mac, once more foreclosures have jumped nationwide especially in Queens. The big question before Americans is what is going to happen now that the taxpayer is shouldering the bailouts of these mortgage giants. A recent study undertaken in Queens show that things will continue to [...]
In New York a court ruled against foreclosure citing it to be an instance of predatory lending.
Like any other parent David and Karen Shearon had gone ahead with the purchase of their first house nursing the hope that their three children would be provided with security and stability. At that point it did not [...]
