CNN Money reports – Buying a Home may Never get any Cheaper

Buying a home won’t get much cheaper By Les Christie @CNNMoney May 3, 2012: 11:48 AM EST Several housing experts are predicting that this year will be the last chance for homebuyers to cash in on the weak housing market. NEW YORK (CNNMoney) — Buying a home may never get any cheaper than this. Several housing experts…

Banks settle Robo Signing Charges for $25 Billion

Landmark settlement announced against banks for robo signing foreclosures: $12 Billion for California mortgage principal reductions After months of negotiations, 5 major banks settled charges of fraudulently signing foreclosure documents by agreeing to pay $25 Billion dollars out to homeowners and people who lost their homes to foreclosure over the next 3 years.     Further lawsuits and actions…