Published On: August 22, 2013
The Mortgage Law Group a/k/a Macey Aleman & Searns, a Chicago law firm, agrees to settlement of mortgage fraud scheme. The answer is "yes" Report from the Arizona Attorney General's Office: PHOENIX (Friday, September 07, [...]
Published On: August 21, 2013
Homeowners are caught up in a little-known horror of the U.S. housing bust: the "zombie title The answer is "yes" Zombie titles - According to an article in the NBC News - thousands of homeowners [...]
Published On: August 19, 2013
Mortgage Modification Fraud: Making All Homes Affordable, LLC, (Phoenix) owner Albert Figueroa, La Paz Source, LLC (Tucson), owners, Maria Beltran and Francisco Ramos, and La Placita Multi Services, LLC, owners Beltran and Arturo Gomez Leon. [...]
Published On: August 19, 2013
Loan Modification program According to article in CNNMoney - starting July, 2013, hundreds of thousands of struggling borrowers could be in for a pleasant surprise: a quick and easy way to get their mortgage payments [...]
Published On: August 19, 2013
The Insidious Virus Circulating Through the Industry’s Blood by Patrick Barnard Short sale fraud and foreclosure fraud continue to grow, impacting mortgage servicers’ bottom lines. Last year, banks lost more than $375 million to short [...]
Published On: August 18, 2013
Judge says Wells Fargo prepared documents with "fraudulent purpose" of inducing borrower to make the payments and with option to later "stiff" borrower. “Heads I win, tails you lose” is a fraudulent coin toss. Wells [...]
Published On: August 18, 2013
Seniors need to be very careful about reverse mortgages, warns the Consumer Financial Protection Bureau. Reverse mortgages not being used the way Congress intended. In the summer of 2012 the Consumer Financial Protection Bureau (CFPB) [...]
Published On: June 4, 2013
NY Attorney General suing HSBC Holdings, PLLC for failure to properly negotiate loan modifications and other foreclosure law violations. “Heads I win, tails you lose” is a fraudulent coin toss. Wells Fargo did no better.” [...]
Published On: May 28, 2013
May 19, 2013: banks have paid less than half the $5.7 billion in the 30 different settlements negotiated by various agencies through the Nation. "Heads I win, tails you lose” is a fraudulent coin toss. [...]
Published On: May 28, 2013
Home Foreclosures Down: the only way to tame price growth to a manageable, healthy pace is higher levels of new home construction. “Heads I win, tails you lose” is a fraudulent coin toss. Wells Fargo [...]
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