• Nationstar Mortgage fails to report accurate mortgage transactions Nationstar to pay 1.75 Million for failure to report accurate loan data. The Consumer Financial Protection Bureau (CFPB) took action against Nationstar Mortgage LLC for [...]

  • Hundreds of thousands of people try to save their homes are defrauded by “mortgage modification” and other scams. Desperate people find themselves and their family on the street after trying [...]

  • Why Do Some Law Firms Act Like Used Car Sales Lots? The Consumer Financial Protection Bureau (CFPB) (4/15/15) issued a final interpretive rule on how to provide mortgage applicants with a list of local homeownership [...]

  • Fannie Mae clearing books of non-performing loans. Is this the beginning of a new foreclosure cycle? Why Do Some Law Firms Act Like Used Car Sales Lots? According to Bloomberg News: Fannie Mae will begin [...]

  • Increased Credit Cards and Risky Home Loan Reach Highest Levels Since 2008 The answer is "yes" Credit card debt and risky home loans increase According to an article in ACC International (an Association of Credit [...]

  • Wells Fargo and Chase to Pay $35.7 Million After Loan Officers Illegally Traded Referrals for Cash and Marketing Services ILLEGAL MORTGAGE SCHEMES: The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General took action [...]

  • Arizona anti-deficiency law for residential property clarified by the Arizona Supreme Court. The answer is "yes" Arizona Revised Statute: 33-814 G. If trust property of two and one-half acres or less which is limited to [...]

  • Almost half of all borrowers only consider one lender or broker before deciding where to apply for a mortgage loan. Financing the purchase of a home is the most expensive loan you will ever enter [...]

  • As an Arizona attorney with more than 25 years experience in bankruptcy and foreclosure I see people making desperate economic decisions they later regret. I deal with this behavior by mumbling under my breath (and [...]

  • The Consumer Financial Protection Bureau "CFPB" is proposing additional measures to ensure that homeowners are treated fairly by mortgage servicers. Helping a client protect important assets before filing bankruptcy has always been seen as appropriate [...]