The Home Equity Theft Reporter: Little Known Defense In Foreclosures Of FHA-Insured Mortgages Highlighted In Florida Homeowner’s 4-Year Fight To Save Home

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Little Known Defense In Foreclosures Of FHA-Insured Mortgages Highlighted In Florida Homeowner’s 4-Year Fight To Save Home In Jacksonville, Florida, MSNBC.com reports on the story of Vickie Lewis, an area homeowner fighting a foreclosure action filed against her by Washington Mutual, and who has been living with the uncertainties of being in.

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The vast majority of mortgages, including even subprime mortgages, continue to perform well. Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable." – Ben Bernanke – May 17, 2007