Foreclosure “Wolves” Scam Desperate Homeowners
There is a sad tale developing in America's foreclosure crisis, desperate homeowners who owe small amounts of cash for taxes or who are only slightly delinquent on their mortgage are being mauled by foreclosure...
Will Congressional Hearings On Foreclosures Produce More Empty Promises?
More Congressional Hearings On Foreclosures If there is one thing that the congressional hearings on robo-signing and foreclosures has revealed is that many of our leaders have a lot of energy and flare for talking. ...
Why Delaying A Bankruptcy Filing Could Cost You Your Home
When it comes to stopping foreclosure, time is the enemy of the Texas homeowner. Because Texas is a non-judicial foreclosure state, every day that a homeowner delays filing bankruptcy to save their home could...
BofA Wants To Settle Foreclosure Robo-Signing Scandal – But Shouldn’t Someone Go To Jail?
Bank of America Corp Chief Executive Brian Moynihan has announced that a quick settlement of the 50-state attorneys general probe of the foreclosure crisis is the best solution for all involved. Oh really? Well...
Could The Foreclosure Crisis Push Countrywide Into Bankruptcy?
When Bank of America purchased Countrywide in 2008 for $4 billion it consolidated its power and dominance in the mortgage industry; but with the purchase came the many problems that has some speculating that...
Government Drags Feet As Banks Fleece Homeowners Facing Foreclosure
Edward DeMarco, who heads the Federal Housing Finance Agency, doesn't want to make any harsh moves against the mortgage industry which has proven itself incompetent and untrustworthy. Instead he wants to avoid rocking the...
Bankruptcy Trustee Joins Debtors In Fight Against Mortgage Companies
U.S. bankruptcy trustee Locke Barkley has joined forces with a Chapter 13 bankruptcy family who lost their home to foreclosure . The family and the bankruptcy trustee are suing a mortgage servicer accusing them...