Extension of Foreclosure Moratorium for Los Angeles Fire Victims

The Trump administration is extending a foreclosure moratorium for an additional 90 days to victims of the Los Angeles fires. The foreclosure moratorium will apply to loans insured by the Federal Housing Administration (FHA).

Existing-Home Sales in January 2025

Existing-home sales fell sharply in January, with affordability challenges keeping many buyers on the sidelines. Despite monthly decline, sales were higher year-over-year. Housing affordability remains a major obstacle, with high-end sales increasing while entry-level sales decline. Inventory is increasing but not translating into stronger demand. Foreclosure starts jumped 30 percent in January. Federal Reserve unlikely to cut interest rates before June.

Kevin Spacey's Financial Situation

Kevin Spacey broke down in tears during an interview with Piers Morgan, revealing he has no money, his home is in foreclosure, and he is facing bankruptcy. He is 'many millions' in debt due to mounting legal bills from fighting off sexual assault charges.

Veterans Affairs Moratorium on Foreclosures for Vets with GI Bill Home Loans

The Department of Veterans Affairs has extended a moratorium on foreclosures for vets with GI Bill home loans, giving mortgage companies more time to implement a new rescue program called the Veterans Affairs Servicing Purchase (VASP) program to help veterans facing foreclosure through no fault of their own.

Identity Theft Scheme Targeting Lisa Marie Presley's Estate

An identity thief claimed to have a network that preyed on the dead, unsuspecting, and elderly, focusing on stealing personal information. The group targeted the estate of Lisa Marie Presley, attempting to foreclose on Graceland. However, their legitimacy has been questioned, with forged documents and fake entities involved.

Graceland Foreclosure Sale

A judge halted a foreclosure sale of Graceland in Memphis after the Presley estate argued that the company attempting to auction it is using fake documents. The company has agreed to drop its claim. Graceland will continue to operate as a tourist attraction.