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...]
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...]