While foreclosures remain a concern in select states, the number of U.S. homes entering the path to foreclosure or winding up repossessed by lenders has fallen to levels not seen in more than six years.
The owner of a Milwaukee remodeling company was one of three people indicted by a federal grand jury Tuesday for allegedly committing wire fraud in a scheme to defraud mortgage lenders out of hundreds of thousands of dollars.
The city of Milwaukee’s Plan Commission voted unanimously Monday to recommend approval of a zoning change that makes way for Teachtown, a residential redevelopment of the former Dover Street School.
A federal judge has approved a $153 million settlement of a securities fraud lawsuit against Fannie Mae and KPMG brought by shareholders of the mortgage giant.
The American Civil Liberties Union has sued the Federal Housing Finance Agency, asking it to disclose efforts to stop municipalities from using eminent domain to bail out underwater homeowners and make its dealings with the financial industry more transparent.