12debt.html?_r=1&ref=business EDITOR’S NOTE: It is ironic how reality eventually catches up with illusion. While we have been pounding on the issue of principal reduction as the only realistic way out of the recession, and while the financial industry has been busy convincing people that principal reduction is somehow immoral, the contraction of home prices back […]

Tags: appraisals, David Streitfeld, fraud, home equity, Mortgage, predatory
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Motions, Pleading, securities fraud |

To all lawyers who dismissed the idea that they could make money representing homeowners in dispute with their lenders, consider this, by way of example, in addition to the 350 people who have officially walked away with clear title to their homes — many of them acting pro se. Jury gives woman $1.25M in lawsuit […]

Tags: foreclosure defense, foreclosure offense, predatory
Posted in Eviction |