Mortgage And Foreclosures


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October 10, 2010

Title Insurances Finally Get Attention Amidst Foreclosure Freezing

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Now, amidst reports of GMAC Mortgage, JPMorgan, and Bank of America halting foreclosure proceedings because of sloppy paperwork allegations not just the [...]
October 08, 2010

Bank Of America Halts Foreclosure Sales

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The bank's decision to halt foreclosures comes amid controversy over so-called “robo-signers.” These people are often employees of mortgage lenders or [...]
October 08, 2010

Analysis: Homeowners May Gain Ground In Foreclosure Fights

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The couple surrendered one property to foreclosure but say they were still making payments for their house in Mishawaka, Indiana. EverHome Mortgage Co filed [...]
October 03, 2010

Bank Of America And Chase Implicated In Foreclosure 'robo

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Last week, the fourth-largest mortgage lender in America revealed that the foreclosure documents for potentially all its foreclosures over the last five [...]
October 14, 2010

Factbox: The Role Of MERS In Foreclosure Furor

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(Reuters) - The growing furor in the United States over improper foreclosure documents is focusing intense attention on MERS, a mortgage-record service [...]
October 06, 2010

US Offers Mortgage Aid To The Jobless

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“We can fight foreclosures and unemployment and we can help our communities recover,'' he said. Long-term unemployment is now considered a primary reason [...]
October 13, 2010

PRESS RELEASE: Nev Atty Genl Masto Joins 49 State Mortgage Foreclosure Group

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Carson City, NV: Attorney General Catherine Cortez Masto is joining a 49-state bipartisan mortgage foreclosure working group, as part of a coordinated [...]
October 13, 2010

Legal Heat On Robo

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procedures were used to sign foreclosures which lead to evictions, as the foreclosure freezes extend with GMAC, one of the largest mortgage providers [...]
October 14, 2010

Jobs Available: Foreclosure Expert, No Experience Needed

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mortgage companies hired thousands of new employees in recent years who not only had no experience in foreclosures, but also did not know what they were [...]
October 08, 2010

GMAC Mortgage Home Loan Modification Cancellations And Alternative Foreclosure ...

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Recently, GMAC Mortgage had questions arise as to whether some foreclosures have been properly executed and, as a result, numerous homeowners have been [...]
September 30, 2010

Mortgage Companies May Be Contributing To Delinquencies In Foreclosure Rates

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Advocates say programs designed to curb the number of foreclosures in Illinois aren't working because of dishonest practices by mortgage servicers. [...]
October 12, 2010

Indiana To Join Multistate Probe Into Foreclosures

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In those 23 states, including Indiana, mortgage foreclosures must be filed in a court and approved by a judge. However, up to 17 other states are interested [...]
October 18, 2010

Foreclosure Fiasco Frustrates Homeowners

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Seven years ago, Jones took out a mortgage with Countrywide Financial Corp to buy his home. The company has now launched foreclosure proceedings against him [...]
October 14, 2010

Bank Shares Take Hit Over US Foreclosure Woes

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With less than three weeks to congressional elections, public anger is running hot over the foreclosure fiasco in the $11 trillion US residential mortgage [...]
September 30, 2010

Chase Mortgage Freezes Foreclosure Proceedings In 23 States

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The New York Times reports that the company's Chase Mortgage unit has halted 56000 foreclosures in 23 states, following allegations that many of the [...]
October 12, 2010

Fight Over Who Has Legal Right To Foreclose Makes Mess Worse

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By Kevork Djansezian, Getty Images By Stephanie Armour, USA TODAY When Randy Persten's mortgage was foreclosed in 2008, he looked at the paperwork and found [...]
October 20, 2010

FBI Reportedly Looking Into Foreclosure Crisis

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The FBI is trying to determine if large lenders broke the law in the mortgage foreclosure crisis. The agency is trying to determine whether individuals [...]
October 19, 2010

Attorneys General Enter Mortgage Maelstrom, Probe Foreclosures

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She said the mortgage holder has to prove only two main facts to prevail in a foreclosure if the homeowner has no defenses: the mortgage holder owns the [...]
October 10, 2010

Mortgage Lenders Heartily Embrace Obama's Refinance Plans

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Today, homeowners who are under a Notice of Default or who have a foreclosure sales date should purchase a mortgage audit in order to review the terms of [...]
October 12, 2010

The Right Time To Apply For A Home Loan Modification

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Homeowners who have been already faced with impending home foreclosures on account of missed mortgage payments need to act quickly to lessen their financial [...]
October 15, 2010

Foreclosure Error May Bring Home Break

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He thought the home had been foreclosed on and vacated. It was neither. Jacobini had been paying down her mortgage for 18 years, according to her lawyer, [...]
October 08, 2010

US FHA Urges Mortgage Servicers To Review Policies

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N) and Ally Financial Inc's GMAC Mortgage said they would suspend foreclosures in 23 states pending a review of procedures. Loans backed by the FHA, [...]
October 15, 2010

Buyers Of Foreclosed Homes Wait, And Worry

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By MarketWatch With mortgage rates at record lows and foreclosure properties at rock-bottom prices, plenty of US home buyers have been jumping into the [...]
October 06, 2010

Wells Fargo Won't Delay Foreclosures As Rivals Review Filings

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Mortgage firms have drawn fire from borrowers, lawyers and state officials for letting employees sign affidavits for court- monitored foreclosures without [...]
October 14, 2010

All 50 States Launch Joint Investigation Into Foreclosures

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The goal of the Mortgage Foreclosure Multistate Group will be to stop improper foreclosure practices, review past practices, and to establish a potential [...]

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