Court Ruling Could Spur HAMP Lawsuits

Appellate Court Ruling Could Spur HAMP Lawsuits See Original Article Here. And so it begins. Or rather, so it turns. Like a soap opera that never ends. Hundreds of thousands of homeowners have … [Read more...]

Looking For Someone To Blame

"I am looking for someone to blame." At least that is the statement made by every homeowner that comes into my office, article written, testimony by official (elected or appointed), commentator, … [Read more...]

Mortgage Losses Build Team Spirit

Original Article New article out in Wall Street Journal discusses a meeting "Robosigners and Other Servicing Failures," where 200 investors in Mortgage Backed Securities are meeting to discuss the … [Read more...]

Procrastination on Foreclosures, Now ‘Blatant,’ May Backfire

Original Article Foreclosure Procrastination The article is pretty clear that the decrease in foreclosures is not due to an improvement in the market but "Blatant" actions by the servicers to delay … [Read more...]

Bank of America Extending Mortgage Modification Outreach

BofA opening outreach centers in NV and FL. Way to go BofA over 200,000 foreclosures later in NV. This is the most ridiculous press release I have ever read. Servicers in general couldn't find their … [Read more...]