Another attorney connected to the robo-signing scandal during the foreclosure boom has been suspended from practicing law.
Tagged with: Attorney Grievance Commission breaking news crime Law legal news robo-signing
Read More »December 3, 2013 2 Comments
Another attorney connected to the robo-signing scandal during the foreclosure boom has been suspended from practicing law.
Tagged with: Attorney Grievance Commission breaking news crime Law legal news robo-signing
Read More »January 8, 2013 Comments Off on Banks to pay $8.5B in mortgage settlement
WASHINGTON — Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting the best of the deal. Banks have agreed to pay $8.5 billion to settle charges that ...
Tagged with: Bank of America Banks JPMorgan Chase mortgages robo-signing wells fargo
Read More »February 16, 2012 Comments Off on 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 ...
Tagged with: Banks Foreclosures homeowners houses lenders massachusetts mortgage new hampshire RealtyTrac repossession robo-signing Settlement
Read More »September 23, 2011 1 Comment
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 ...
Tagged with: fannie mae Federal Deposit Insurance Corp. federal housing finance agency foreclosure Foreclosures freddie mac investigation lawyers mortgage industry robo-signing
Read More »September 15, 2011 Comments Off on Lenders step up foreclosure intent filings
Maryland housing officials say lenders have filed an average of 15,000 intent notices per month against homeowners since January, indicating a new wave of foreclosures may soon hit the state. The disclosure came Thursday after a national report from RealtyTrac ...
Tagged with: disclosure filings foreclosure lenders maryland mortgage payments Real Estate RealtyTrac robo-signing scandal
Read More »August 22, 2011 Comments Off on 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 ...
Tagged with: americans Economy federal investigation foreclosure Foreclosures homeowners Mortgage Bankers Association robo-signing U.S. economy
Read More »July 18, 2011 2 Comments
Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures. County ...
Tagged with: associated press Foreclosures mortgage mortgage industry Real Estate robo-signing
Read More »January 7, 2011 Comments Off on Court rules against banks in pivotal mortgage case
BOSTON — The highest court in Massachusetts has ruled against U.S. Bancorp and Wells Fargo & Co. in a widely watched mortgage foreclosure case that could have serious implications for the nation’s largest banks. The Supreme Judicial Court on Friday ...
Tagged with: Banks boston foreclosure massachusetts mortgage robo-signing wells fargo
Read More »November 17, 2010 Comments Off on 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 ...
Tagged with: Attorney General compensation doug gansler Foreclosures housing lenders maryland Maryland Attorney General Real Estate robo-signing Settlement
Read More »November 2, 2010 Comments Off on Clinic joins foreclosure motions
The students in Peter Holland’s consumer protection law clinic preparing for trial finished Tuesday’s class practicing a cross-examination based on discrepancies in signed bank documents. Holland, on the witness stand as the person who signed the documents, answered questions about ...
Tagged with: consumer protection documents foreclosure Foreclosures Real Estate robo-signing trial witness
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