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Tag Archives: robo-signing

Foreclosure activity edges higher in January

LOS ANGELES — Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims. Foreclosures rose 8 percent nationally last ...

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Fannie Mae cited for failing to stop robo-signing

WASHINGTON — Fannie Mae missed chances to catch law firms illegally signing foreclosure documents and its government overseer did not take the right steps to ensure Fannie was doing its job, according to a federal watchdog. The Federal Housing Finance ...

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More Americans at risk of foreclosure in Q2

WASHINGTON — The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles. The Mortgage Bankers Association says 8.44 percent of homeowners missed at least one mortgage payment in the April-June quarter. That figure, which ...

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Gansler: Victim compensation fund is speculative

State attorneys general and major mortgage lenders are a “long way” from reaching a settlement in the prosecutors’ investigation of “robo-signing” and other alleged activities that have brought the legitimacy of thousands of foreclosures into question, Maryland Attorney General Douglas ...

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