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Articles

Wrangling Over Government's Role in Mortgages Continues

Category: Foreclosure

December, 5 2011

Since the financial crisis, Fannie Mae and Freddie Mac have used over 170 billion in taxpayer money to write off bad mortgage loans they possess, and...

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Nevada Makes Robo-Signing A Felony; Foreclosures Coincidentally Stop Being Filed

Category: Foreclosure

November, 9 2011

As of October 1st, Nevada State Assembly Bill 284 took effect, charging foreclosure services with a felony and up to $5,000 for any falsified or robo-signed document.

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Foreclosed Homes: Rotting Our Economy & Communities

Category: Foreclosure Basics

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More Bad Housing Programs in The Works

Category: Foreclosure

August 31, 2011

According to the New York Times, the President has finally turned his gaze back upon the foreclosure crisis and is now offering another solution: a new refinance initiative.

 

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Foreclosure Giants Last Stand?

Category: Foreclosure

August 19, 2011

Bank of America's stock has dropped 20% in the this month and is now looking at another $10 billion lawsuit courtesty of AIG for fraudulent MBS offers. Last week, CEO Brian Moynihan sent out the following letter to his employees

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Should Banks Be Sanctioned for Foreclosing with False Documents?

Category: Alternatives to Foreclosure, Foreclosure Defense

Bank Liability for Inaccurate or Forged Documents in a Foreclosure Case. Recently, a seemingly typical foreclosure case in Florida was cherry-picked by the appeals circuit to be heard by the State Supreme Court. The case is Pino v. Bank of...

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