Illinois Attorney General Lisa Madigan (D) joined with 49 attorneys general and the federal Consumer Financial Protection Bureau (CFPB) to announce a $2.1 billion settlement with Ocwen Financial Corporation to address allegations of "robo-signing" of foreclosure documents and other fraudulent...
Recently in Foreclosures Category
If the choices we make reveal the true nature of our character, what do the SEC enforcement actions reveal about the character, trustworthiness and integrity of those in the finanical industry whose choices led to the actions in the first place? Trust and truth go together. If we can't trust that...
My name is Alisa and I live in Mississippi. I am about to tell you a story about two hard working, honest and patriotic Americans who should have never suffered the immoral, deceptive and unconscionable behavior of their mortgage servicers....
If you've been fighting fraudulent foreclosures or predatory mortgage servicing abuses, odds are good you've heard of Mortgage Electronic Registration Systems, Inc. --better known as MERS.Over 62 million mortgages are now held in the name of MERS, an electronic recording...
Wondering what's driving the public outrage? Last year, CBS News and the New York Times polled 1,000 Americans to learn why so many Americans seemed so angry. They reported that eight in 10 people say it's because Congress is more...
Let's face it; establishing a fair foreclosure act--sounds good right? It should be. But things are not always as they appear to be. The proposed Florida Fair Foreclosure Act of 2012 is anything but fair. In 2010, some of our...
Sadly I've grown accustomed to reading headlines about innocent families, including our military families, fighting to save their home from a wrongful foreclosure. I've grown incensed that I continue to get emails from consumers whose stories are so similar that...
As I've reported too many times recently, foreclosure fraud is a major problem in this country. Thankfully there are people who are willing to fight against it and uncover shady dealings and unlawful mortgage and foreclosure practices that defraud the...
One of the greatest assets that this country has is the multitude of brave men and women who fight to defend its freedoms at home and abroad. To help protect these soldiers who put their lives on the line, laws...
Was it so long ago that JPMorgan Chase admitted there were problems with military mortgage lending practices after more than a dozen soldiers and their families were evicted and subjected to foreclosure? A HUD (Housing and Urban Development) audit has...
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- Monthly Mortgage Statements are Necessary to Hold Mortgage Servicing Companies Accountable
- A Peek Inside the Mortgage Bankers Association Annual Meeting; And it ain't pretty
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- Why We Need The Right To Receive A Monthly Mortgage Statement
A memoir exposing the steep price consumers pay when facing mortgage servicing errors, inaccurate credit reporting, illegal debt collection practices, identity theft and weak consumer protection laws. THE BOOK » DENISE'S STORY »