Apr 25th 2011 3:53PM
JPMorgan Chase says it is willing to pay a whopping $56 million to settle the class-action lawsuit brought by 6,000 members of the military who accused it of overcharging them on their mortgages and violating the Servicemembers Civil Relief Act. A judge still has to approve the offer. The case was initially brought by... Continue Reading »
Nov 11th 2010 3:08PM
Veterans Administration loans are hot -- and likely to become even more so as soldiers return home from Iraq. No wonder: With a VA loan, an eligible veteran can buy a home with 100 percent financing, the lowest possible interest rate and minimal fees. VA loans are one of the best deals out there for financially strapped... Continue Reading »
Nov 10th 2010 1:57PM
In celebration of Veterans Day, HousingWatch is featuring stories about veterans and their real estate experiences throughout the day. This Veterans Day we can thank the military for something else besides keeping our country safe: rescuing a depressed housing market. The expansion of the Fort Bliss Army base in El Paso,... Continue Reading »
Jun 7th 2010 12:10PM
Capt. Michael Clauer of Frisco, Texas was deployed and serving his country in Iraq when the Heritage Lakes Homeowners Association decided to sell his family's home. The story is an especially surprising one considering that the HOA foreclosed on the home owned by Capt. Clauer, who serves in the Army Reserve, and his wife... Continue Reading »
Apr 19th 2010 2:00PM
While her husband serves his country, military spouse Nicole Rosen is fighting her own war to keep their home. The family moved to Washington State from Oklahoma in 2005 for Staff Sgt. John Rosen's military duty and purchased a home at a high interest rate. Soon after, Nicole quit her job after her now-4-year-old son was... Continue Reading »
