Tags » Foreclosure

Financial Industry Caught with Its Hand in the Cookie Jar — Livinglies's Weblog

Like the infamous NINJA loans, the REMICs ought to be dubbed NEITs — nonexistent inactive trusts. The idea of switching lenders without permission of the borrower has been accepted for centuries.

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Law

Florida HOA’s bitter legal dispute, threat of foreclosure over $25 late fee

By Deborah Goonan, Independent American Communities

Is HOA rule enforcement a tool to harass owners and take their homes?

According to Dave Silva, owner of a townhouse in Ventura Greens at Emerald Dunes, that’s the motive behind his HOA’s attempt to foreclose on his home. 708 more words

HOA

The Federal Reserve terminates anemic Enforcement Actions allowing Fraudulent Foreclosure Practices to continue.

http://www.mondovisione.com/media-and-resources/news/federal-reserve-board-announces-termination-of-enforcement-actions-against-10-ba/

The Federal Reserve is wrapping up its ineffective sanctions against the five U.S. banks who were accused of improper handling of post-crisis mortgage foreclosures.  On Friday, the Federal Reserve Board announced another $35.1 million in civil penalties against five banks as part of its effort to terminate enforcement actions, issued in 2011 and 2012, against a total of 10 banks related to residential mortgage loan servicing and foreclosure processing. 720 more words

Foreclosure

"Alternative Facts" Promoted by Banks

Banks have the money and therefore stand closest to the microphone of media. For every report that foreclosures are continuing or rising in number there are 20 reports that the foreclosure crisis is over.

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Foreclosure

CitiMortgage owes Borrower Duty of Care regarding Loan Modification Efforts (California's 3rd District Court of Appeals): Rossetta v. CitiMortgage

Adding to the split of authority among California’s various state and federal appellate courts, the Third Appellate District ruled that a loan servicer may owe a duty of care to a borrower through application of the… 3,233 more words

Foreclosure

Organize Your Home by Feb. 1 in Less Than an Hour a Day!

By: Jamie Wiebe

The tip about coffee mugs? We’ve all been there.

Did you ever notice that your self-improvement pacts with yourself are action oriented? Walk 10,000 steps a day. 1,233 more words

HARP Extended Through 2018

The U.S. government deploys several resources for Americans who need help financing a home purchase, including the popular FHA Loan program. But unbeknownst to some, there are also tools available for current homeowners who have fallen behind on their mortgage payments.

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Law