WaPO | Government settlement with financial industry over foreclosure...
By Brady Dennis Washington Post Staff Writer Thursday, February 24, 2011; 12:18 AM State and federal officials, who have been negotiating with financial firms over how to address widespread abuses in...
View ArticlePASSED Washington State HB 1362: Protecting and assisting homeowners from...
Homeowners will now have 30 days from the time that they get an initial letter from their lenders to respond and ask for a period of time called “meet and confer.” If they do, they’ll get 60 days to...
View ArticleTHEY ONCE WERE LENDERS – Understanding government’s failure to stop bankers...
via Mandelman Matters- Preface… Sit down and relax… you’re going to need a comfortable chair. But, I promise you… it’ll be worth it. In the fall of 2008, news stories about “scammers” taking advantage...
View ArticleAPNewsBreak: Lawyers Accused Of Scam In Bank Suits
NPR- California prosecutors filed a major lawsuit against several lawyers and call center operators for allegedly running a nationwide scam to dupe desperate homeowners into paying thousands of dollars...
View ArticlePasco, Florida couple fear losing home to foreclosure for paying mortgage too...
St. Pete Times- Seventy-year-old Sharon Bullington may lose her home because she paid her mortgage a week early. That may not make much sense to the thousands of homeowners who are behind on their...
View ArticleBank of America admits error in foreclosure case
Kudos to St. Pete Times for getting this story out! NEW PORT RICHEY — It looks like Sharon and James Bullington might be able to stay in their home — for now at least. The retired couple faced...
View ArticleBofA’s Nasty Foreclosure Machine Up Close and Personal
Abigail C. Field- Bank of America has treated Dr. Ira Neighbors with an elaborate, bureaucratic cruelty that would make Kafka proud. Neighbors’s story exposes just how blatantly BofA lies when it...
View ArticleDAN RATHER: Avoiding the Auction Block – RALI Series Exposed, Goldman Sachs,...
HuffPO- No other state has experienced the dizzying heights of the housing boom or the depths of the subsequent bust quite like California. Today, four metro areas in the Golden State have the highest...
View ArticleFuture of foreclosures in N.J. hinges on state Supreme Court decision | US...
I disagree with the judge’s motion words below and see video below as to why even attorney’s have a difficult time. “I have a lot of problems with saying that all that’s going, with all this evidence...
View ArticleHousing in the New Millennium: A Home Without Equity is Just a Rental with...
Housing in the New Millennium: A Home Without Equity is Just a Rental with Debt Joshua RosnerGraham Fisher & Co. June 29, 2001 Abstract: This report assesses the prospects of the U.S....
View ArticleArizona v. Countrywide Financial Corp. CV2010-033580, Arizona Superior Court,...
IN THE SUPERIOR COURT OF THE STATE OF ARIZONA IN AND FOR THE COUNTY OF MARICOPA STATE OF ARIZONA, ex rel. THOMAS C. HORNE, Attorney General, Plaintiff, vs. COUNTRYWIDE FINANCIAL CORPORATION, et al.,...
View ArticleUS Treasury: New HAMP Mortgage Modification Program Includes GSE Principal...
I posted the quoted text below back on Nov ’10… I wonder who exactly signs off for MERS, if this is so? The standard modification agreement is between the Borrower and the Lender. The agreement amends...
View ArticleNew York Courts to Intensify Efforts to Prevent Foreclosures – NYT
Good for you NY! NYT- New York State’s courts, frustrated by delays in thousands of foreclosure cases, are planning to speed them along in a new program that would give judges added control and require...
View ArticleWells Fargo’s Servicer-Driven Foreclosure: Is Stumpf’s Company Vicious and...
Abigail Field- Well DOERs, John Stumpf, CEO of Wells Fargo, is a schmuck. CEO Stumpf knew (because DOERs told him) that the only reason grandma Patricia Martin faced foreclosure was because a Wells...
View ArticleOnce again, Judges step up to the plate when prosecutors fail
I wouldn’t necessarily call it fail but rather prosecutors turning a blind eye on their buddies. They also didn’t fail because they never attempted to investigate. Cynthia Kouril- A while back, the...
View ArticleBen Hallman: Home Loans Can Walk, Your Mortgage Nightmare Explained
HuffPO- We may question the need for 17 brands of dishwashing detergent, but giving consumers choices is an excellent check against many types of harmful behavior of companies that make and sell...
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