A year ago, Virginia-based USA Discounters was in the spotlight after the supposedly discount retailer — which had several locations adjoining military bases and directly marketed its financing to servicemembers — was criticized for charging ridiculously high prices on its products and then suing soldiers in such a way that they could rarely defend themselves in court. The retailer then changed its name to USA Living and promised to not be so evil, even though the lawsuits continued. Now comes news that the retailer is going to close up shop for good. [More]
rent to disown
Bank Of America Tests Converting Delinquent Homeowners Into Renters
By 3.23.12
Because there’s more money in being a landlord than there is in going through the lengthy foreclosure/auction/short sale process, Bank of America is testing a program that will let homeowners with delinquent BofA mortgages stay in their homes as renters. [More]
