May 22, 2012

U.S. Foreclosure Heat Map for January 2010

RealtyTrac just released its report for January foreclosure activity . It shows a 10 percent decrease in overall activity from a spike in December, and it shows increasingly splintered foreclosure trends -- between different states and also between different...(read more)

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]