Aug 24th 2011 5:58PM
In a further indication of how far-reaching and deleterious the foreclosure crisis has become, homeowner groups have taken to suing banks in order to reclaim properties from delinquent homeowners, Bloomberg reports. Across the country -- and especially in states with high foreclosure rates, like Florida, California and... Continue Reading »
Nov 16th 2010 3:00PM
You may recall the story of Captain Michael Clauer and his wife, May. The couple, who live in Frisco, Texas, owned their $300,000 home free and clear. But when Michael, an Army reservist, was deployed to Iraq, his wife got into a funk and failed to pay their $800 homeowner association dues. Next thing you know, the... Continue Reading »
Jul 15th 2010 2:44PM
The story of Army Capt. Michael Clauer's family, whose Frisco, Texas home was sold out from under them after his wife failed to pay -- or sporadically paid -- their homeowners association dues, has opened the floodgates to reports about how brutal HOAs are becoming. The reports are especially troubling during a recession,... Continue Reading »
