Mortgage Loan Modification
Mortgage Loan Modification – What? In Rialto, California, a Wells Fargo & Co. customer, Richard Cormier, made 8 mortgage payments on a trial mortgage loan modification and on Oct. 12 they told him his home was going to be auctioned at the end of the month. Why? Wells Fargo & Co. informed him that there…
B of A Foreclosure [Bank of America – More Info Please]
B of A – Please Answer The Question Critics say, even if B of A [Bank of America] has only been foreclosing on property owners that are late and after appropriate loan-modification attempts, B of A’s statements have just ignored the most pertinent question. Rebel Cole, a law professor at DePaul University in Chicago, made…
FORECLOSURES STOPPED IN 23 STATES – GMAC
FORECLOSURES STOPPED FINALLY! The Attorney General in Connecticut, Richard Blumenthal, is investigating GMAC Mortgage, which is one of the nation’s biggest servicers of home loans. He claims that there are defective foreclosure documents. Foreclosures Stopped – Finally! around September 20, 2010. Connecticut’s Attorney General is insisting that GMAC Mortgage, which is a unit of Ally…
Fighting Foreclosure
Fighting Foreclosure – Don’t Just Roll Over How long will it be before the nightmare of home foreclosures is over? Ask Mike Dillon, who’s been fighting foreclosure to keep his New Hampshire home for the majority of the past decade. Mike did miss 2 payments in 2002, he then caught up and was current on…
US Foreclosures Increasing!
US Foreclosures have increased across most of our large metropolitan areas. According to RealtyTrac, the US foreclosures crisis has spread like a spider’s web [my words] across a larger area of our country. According to my information, Wells Fargo will refile documents on 55,000 foreclosures after admitting there were technical mistakes. US Foreclosures Crisis spreading…
Foreclosure Fraud Again
Foreclosure Fraud Again – Yep, you read it right! Hey folks, guess what there’s foreclosure fraud again – the financial giants have figured out another way to profit from fraud. Yep, after destroying communities across America with shady subprime loans, the mortgage industry has launched a new assault on our nations neighborhoods with a new…
Loan Modification Failures Get Help
Loan Modification – Is It Worth Trying? A year and half ago, the government launched a loan modification program to help homeowners. The federal government’s loan modification program is unfortunately not helping as many homeowners facing foreclosure as hoped for. Of the Phoenix area borrowers that hoped to lower their monthly payments through the Home…
FORECLOSURE PROOF? 62 MILLION HOMES – REALLY?
MERS 62 Million Homes May Become Free and Clear Some Day! Yep, it’s true it’s my understanding over 62 million homes are currently held in the name of MERS [Mortgage Electronic Registration System]. This is a system that was concocted by and for the benefit of the mortgage industry. A bankruptcy court in California recently…
State Probes Into 3 Law Firms For Falsifying Foreclosure Documents
BREAKING NEWS! It has come to my attention that the Florida Attorney General’s office just announced they are conducting investigations into the state’s three biggest foreclosure law firms for allegations of deceptive and unfair actions. These firms, which at times are called “foreclosure mills,” are the Tampa-based Shapiro & Fishman, Fort Lauderdale Law Offices of…
Don’t Qualify For A Loan Modification?
Unfortunately, last month more delinquent homeowners learned they didn’t qualify for President Obama’s foreclosure program. New concerns regarding the U.S. housing market’s health and vibrancy have rightfully renewed interest in the success of President Obama’s foreclosure prevention programs. It has been wondered that an increase in foreclosures, combined with the current drop in housing sales, could…
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