Sources say a judge has given the green light on the foreclosure of Lil Kim’s New Jersey home. According to sources, reps from the bank say Lil Kim stopped paying the mortgage on her $1.2 million dollar home back in 2010. Her monthly payment was almost $10,000. Sources say Lil Kim stopped fighting the bank’s […]

Gospel singer Israel Houghton is facing a foreclosure on the house he shared with his ex-wife and three children, after not paying the mortgage on the home for almost a year.

National

"The rent is too damn high," and more of us are being forced to pay it.

It’s only February, and thus far 2012 is not looking like Tracy Morgan’s year. Read More: entertainment.msnbc.msn.

When you don't pay your taxes, they take your stuff or lock you up.

It seemed like another regular day in the life of the Mack family.  It was Saturday morning, and my mother had just cooked breakfast for my brother and me.  After cleaning the apartment, it was time for her to take us on the normal Saturday errands.  The post office, the dry cleaners, and the grocery […]

By: Trisha Ocona Francis While tens of thousands of Americans are losing their homes to foreclosure every day and the unemployment rate still remains high, many middle-class American homeowners have asked the question, “Where is my bailout?” Well, our voices have not fallen on deaf ears.  Thousands of homeowners will finally have access to the […]

WASHINGTON — The Obama Administration announced Thursday that adjustments will be made to the Federal Housing Administration (FHA), requiring services to extend the forbearance period for unemployed homeowners from 3 months to 12 months, according to the U.S. Department of Housing and Urban Development. Expected to become a standard for the mortgage industry, these adjustments […]

Things are not looking good for Jermaine Dupri these days. After losing Janet Jackson due to his love of strippers, the music-producer-turned DJ may lose his home. Word on the street is JD Paces Ferry home and studio are headed toward foreclosure. OUCH!!Jermaine laid off his entire staff at So So Def Records. SOURCE Did […]