Rescue Florida Realty

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• Negative equity gap nears $4 trillion

  The U.S. housing market contains a nearly $4 trillion negative equity hole, according to Williams Emmons, an economist with the Federal Reserve Bank of St. Louis . Emmons made that statement while speaking at HousingWire's 2012 REthink Symposium. Read More... Posted Tuesday, March 27, 2012 5:42 AM by Jeffrey Rubin | 0 Comments Filed under: housing bubble, mortgage, negative equity

• $25 billion Mortgage Fraud Settlement

  The US government reached, on Thursday, what is being touted as a landmark deal , with some of the nation's biggest mortgage lenders -- Bank of America , Citigroup , JPMorgan Chase , Wells Fargo and Ally Financial -- over foreclosure and mortgage Read More... Posted Friday, February 10, 2012 7:29 AM by Jeffrey Rubin | 0 Comments Filed under: wells fargo, bank of america, ally financial, housing bubble, florida, mortgage fraud settlement, foreclosure, jpmorgan chase, citigroup