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1
Sep

Foreclosure Practice Agreement: End To Robo-Signing

Posted by Susan Mitchell (0) Comment

Goldman Sachs and two other firms have agreed with the New York banking regulator to end the practice known as robo-signing, in which bank employees signed foreclosure documents without reviewing case files as required by law, the Wall Street Journal said.

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Category : Foreclosure | Blog
21
Dec

Home At Risk Of Foreclosure? Why Lawyers Won’t Help

Posted by Susan Mitchell (0) Comment

In California, where foreclosures are more abundant than in any other state, homeowners trying to win a loan modification have always had a tough time.

Now they face yet another obstacle: hiring a lawyer.

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Category : Economy News | Foreclosure | Real Estate News | Blog
16
Nov

Foreclosure Hearing – Some Institutions At Stake

Posted by Susan Mitchell (0) Comment

The American Securitization Forum, a trade group that lobbies for the industry that managed to convert subprime mortgages into a financial crisis, released a report Tuesday defending how those home loans are made into bonds and more explosive financial instruments.

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Category : Foreclosure | Blog