A Motion Industries branch manager, whose store supplies construction companies with heavy equipment parts, is waiting on a Milwaukee County sheriff's sale to know whether he’ll have to move the shop.
Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
Sales of U.S. homes facing foreclosure are on the rise and outpacing sales of bank-owned homes, a reflection of stepped up efforts this year by lenders to avoid foreclosing on homes with mortgages gone unpaid.
Five of the biggest U.S. banks cut struggling homeowners' mortgage balances by $6.3 billion and provided a total $26.1 billion in relief under a landmark settlement over foreclosure abuses.
A spindly vine snaked out of a mound of debris in a second-floor room on North 37th Street in Milwaukee. Water and sunlight come through a hole in the eaves, but so do small animals, and one was scurrying through the ceiling the morning of Aug. 21.
Wells Fargo Bank will pay at least $175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department announced Thursday.