For one Minnesota woman, President Obama’s trip to Minnesota this week has extra-special significance. St. Anthony resident Rebekah Erler wrote a letter to the president last March. And to her surprise, he’s responding in person.
The former resident at 136 Shadywood Lane in Delano, Minn., was a victim of the nation’s housing collapse. Now, this once bank-owned property is a proud symbol of recovery, as it was the the first Minnesota home donated to Operation Homefront’s Homes for Veterans program.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The New Hampshire home where Republican Rep. Chip Cravaack’s family lives is worth as much as $500,000, according to a congressional disclosure statement.
Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
State officials say Minnesota mortgage borrowers will be eligible for a total of $280 million from a national settlement between states and the country’s biggest mortgage lenders.
Standing in the yard of the Blaine home they have owned for the past nine years, Kipper and Samija Wilson have done the math on their current mortgage.
For 20 years, a two-story duplex at 38th Street and Park Avenue in Minneapolis was home for Leslie Parks and her mother. That was until a risky option arm mortgage created heartache beyond belief for the family.
The stock market sell-off has created a silver lining for consumers: surprisingly low interest rates.
Lawmakers and enforcement agencies called for hearings and further investigation Tuesday after learning that the illegal practice known as robo-signing has continued in the mortgage industry.
The foreclosure crisis hit so many people, now it’s even hit one of Minnesota’s most famous natives.
The number of Minnesota homeowners who fell behind on their mortgage in 2010 increased over the previous year.