Buyers Afraid of What They Are Getting — a Title Mess? By Les Christie, staff writerDecember 3, 2010: 3:34 PM ET NEW YORK (CNNMoney.com) — Several of the big mortgage players are playing Santa Claus again this year, saying they will not evict borrowers in default during the two weeks surrounding Christmas. Freddie Mac (FMCC) …
Special report: Legal woes mount for a foreclosure kingpin LPS Headed For Closure? “But a Reuters investigation shows that LPS’s legal woes are more serious than he let on. Public records reveal that the company’s LPS Default Solutions unit produced documents of dubious authenticity in far larger quantities than it has disclosed, and over a …
Reuters: LPS & DOCX GOING DOWN LIKE MERS: Grand Jury Indictment Probable Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: This is exactly the result you can expect when you allow anyone to play the part of the creditor and submit a “credit bid” (no money at auction) or selling the house on a short-sale, pretending that they can execute a satisfaction of …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “Standing has become such a pervasive issue [3],” wrote Judge H. Dana Winslow in a submitted testimony, “that I frequently use the term ‘presumptive mortgagee in foreclosure’ to describe the Plaintiff Mortgagee” claiming to have the right to enforce the foreclosure. by Marian Wang ProPublica, …
State Judge Testifies Foreclosure Problems Are ‘Pervasive’ Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary By Kimberly MillerPalm Beach Post Staff Writer Updated: 10:34 p.m. Saturday, Dec. 4, 2010 In hours of congressional hearings last week, the nation’s banks were repeatedly condemned for dual-track loan modification systems that give hope to homeowners seeking lower monthly payments while at the same time foreclosing on their properties …
Bank evicts, then offers Boca Raton couple a loan mod Read More »
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