CNNMoney.com is reporting that Housing Secretary Shaun Donovan is one of the participants in the foreclosure settlement talks. The talks are expected to produce a mortgage settlement soon. However, some banks want immunity from criminal prosecution as part of the deal. Read More:
In addition to bank-owned properties, there are two types of foreclosures you can buy: 1. pre-foreclosure; 2. sheriff’s auction. All three are affected by concerns over the way foreclosures have been handled. Read More:
