Mortgages

Foreclosure Sign (file / credit: Joe Raedle/Getty Images)

Experts: Westchester, Rockland Counties Becoming Foreclosure Alley

A startling trend is happening in some of our area’s most ritzy communities — a foreclosure wave is affecting an income bracket that may surprise you.

11/22/2013

Homes in Irvington, N.J. (Credit Google Maps)

Irvington Officials Look Into Eminent Domain For Foreclosed Homes

Irvington, N.J., is moving forward with plans to become the second municipality in the nation to use eminent domain to buy mortgages that are in foreclosure.

11/16/2013

New York Attorney General Eric Schneiderman (credit: Mark Wilson/Getty Images/File)

Schneiderman To Sue Wells Fargo Over Mortgage Settlement

The nation’s largest home lender has failed to comply with the terms of last year’s national mortgage settlement, Schneiderman said.

10/01/2013

A destroyed home along the Jersey Shore more than six months after Superstorm Sandy hit - May 14, 2013 (credit: John Moore/Getty Images)

Housing Comeback – Buying A Home After Sandy And The New Housing Bubble

All this week, we’ve been taking a look at the comeback of the housing market and the trends that are going on.

06/28/2013

A home along the shore in the Rockaways ravaged by Superstorm Sandy - Nov. 2, 2012 (credit: Spencer Platt/Getty Images)

Homeowners With Private Loans Stuck With Big Bills As Post Sandy Grace Periods Fade

Lenders initially offered a three-month grace period following the storm but that period is ending and banks are looking for their money.

04/13/2013

A home along the Jersey Shore in Beach Haven damaged by superstorm Sandy - Nov. 10, 2012 (credit: Tim Larsen / Governor's Office)

HUD Secretary Announces Extended Mortgage Assistance For Sandy Victims

Shaun Donovan, the U.S. Secretary of Housing and Urban Development, said that families who are rebuilding and have FHA loans can put off making their mortgage payments for another 12 months.

04/12/2013

Walmart (file / credit: Spencer Platt/Getty Images)

Big Box Stores Offer Quick And Easy Financial Services, But Experts Urge Caution

There was a time when shopping for groceries, clothing, medicine, and taking care of banking meant four different stops, now everything, including a slew of financial services is available under one roof.

12/27/2012

US gaming tycoon Sheldon Adelson gesture

Market Rates For The Middle Class

With a couple of simple fixes from Congress, billions of dollars could be put into the economy by allowing middle class families to refinance their mortgages and by keeping student loans at market rates.

06/08/2012

Mortgage Due (file / credit: clipart.com)

NYC U.S. Att’y Sues Allied Home Mortgage For Fraud

The federal government sued one of the nation’s largest privately held mortgage brokers, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose their homes.

11/01/2011

Mortgage (file / credit: Joe Raedle/Getty Images)

WCBS 880 Special Series On Housing: The State Of Mortgages In 2011

With mortgage giants Freddie Mac and Fannie Mae bound for oblivion, many new players have come out out on to the field.

06/22/2011

Coldwell Banker for sale sign (file)

Housing Market Decline Stoking Fears In N.J.

Investor fear is closely tied to the declining housing market and alarming unemployment rate. New Jersey has been hit hard and many homeowners wonder if they’ll be able to sell their homes.

08/12/2010