California is going through another ‘wave’ in foreclosures By Matthew DeBord http://www.scpr.org/blogs/economy/2012/07/12/7025/california-going-through-another-wave-foreclosures/ Kevork Djansezian/Getty Images A for sale sign is posted in front of house in Glendale. California saw foreclosure starts pick up in June, suggesting that a new wave of defaults is underway. For the first six months of 2012, foreclosures in CaliforniaContinue reading “DeBord Report : California is going through another ‘wave’ in foreclosures | 89.3 KPCC”
Category Archives: LPS
Daily Report: Robin Hood lawyer fights foreclosures with a passion
http://www.dailyreportonline.com/PubArticleFriendlyDRO.jsp?id=1202559725985 ‘Robin Hood’ lawyer fights foreclosures with a passion Katheryn Hayes Tucker Daily Report 06-18-2012 For 34 years, Robert Thompson Jr. had been a business and labor lawyer — as was his father before him — defending corporations and financial institutions and even serving on several banks’ boards of directors. But something happened toContinue reading “Daily Report: Robin Hood lawyer fights foreclosures with a passion”
Certified Forensic Loan Auditors, LLC | AG Biden Says $25B Settlement Not the End, Securitization Next
AG Biden Says $25B Settlement Not the End, Securitization Next mortgagenewsdaily.com | May 16, 2012 Delaware Attorney General Beau Biden said recently that the states’ attorneys general need to make it clear that the recent $25 billion settlement with five major banks is the beginning not the end of their enforcement actions. Biden, speakingContinue reading “Certified Forensic Loan Auditors, LLC | AG Biden Says $25B Settlement Not the End, Securitization Next”
About Us | Foreclosure Defense Nationwide – Mortgage Foreclosure Help – Free Advice
WILLIAM JEFF BARNES, ESQ. Jeff is the founder of the Foreclosure Defense Nationwide (FDN) website and blog. His law practice is primarily oriented towards defense of foreclosure actions throughout the United States, with his Firm having represented victims of foreclosure and predatory lending practices with local counsel where required in the states of Alaska,Continue reading “About Us | Foreclosure Defense Nationwide – Mortgage Foreclosure Help – Free Advice”
Bank’s Competition
New York State Appeals Court Affirms Denial Of BofA’s Motion to Sever and Consolidate Successor Liability Claims
Published 04/16/2012 http://www.linkedin.com/osview/canvas?_ch_page_id=1&_ch_panel_id=1&_ch_app_id=49029150&_applicationId=103900&appParams=%7B%22document%22%3A%227f7c72d2-c6c5-4387-a339-9aef6cd4d216%22%2C%22method%22%3A%22document.view%22%2C%22layout%22%3A%22layout_blank%22%2C%22target%22%3A%22blank_content%22%2C%22surface%22%3A%22canvas%22%7D&_ownerId=57736655&completeUrlHash=diwZ On April 5, 2012, a five-judge panel for the New York’s First Department intermediate appellate court affirmed a lower court’s ruling that denied Bank of America’s motion to sever successor liability claims brought against it from the primary claims in four separate actions brought by four monoline insurers. Bank of America hadContinue reading “New York State Appeals Court Affirms Denial Of BofA’s Motion to Sever and Consolidate Successor Liability Claims”
Fed Blesses Banks’ Foreclosure-Rental Approach – Developments – WSJ
April 5, 2012, 5:55 PM http://blogs.wsj.com/developments/2012/04/05/fed-blesses-banks-foreclosure-rental-approach/ Fed Blesses Banks’ Foreclosure-Rental Approach By Alan Zibel Reuters Federal Reserve Chairman Ben Bernanke The Federal Reserve set out new polices for banks that decide to rent out foreclosed homes, endorsing a strategy for managing the huge number of distressed properties that have piled up during the housing bust.Continue reading “Fed Blesses Banks’ Foreclosure-Rental Approach – Developments – WSJ”
L. Randall Wray: The $7 Trillion Question That Haunts Banks
L. Randall Wray Professor of Economics and Research Director of the Center for Full Employment and Price Stability, University of Missouri–Kansas City The $7 Trillion Question That Haunts Banks Posted: 03/16/2012 4:09 pm I’ve been writing about the MERS monster since 2010. Here is one of my early pieces. I suppose it isContinue reading “L. Randall Wray: The $7 Trillion Question That Haunts Banks”
Honor system for foreclosure paperwork has led to illegal Colorado seizures, lawyer surmises – The Denver Post
http://www.denverpost.com/business/ci_20160083/honor-system-foreclosure-paperwork-has-led-illegal-colorado Posted: 03/13/2012 01:00:00 AM MDT March 13, 2012 3:50 PM GMT Updated: 03/13/2012 09:50:25 AM MDT By David MigoyaThe Denver Postdenverpost.com (Associated Press file photo) Thousands of Colorado homes were taken in foreclosure in recent years by banks that probably never had the right to do so because no one bothered to challenge theContinue reading “Honor system for foreclosure paperwork has led to illegal Colorado seizures, lawyer surmises – The Denver Post”
Eleventh Circuit Overturns District Court on FDCPA Dismissal, Rubin Lublin is a Debt Collector and Violated FDCPA!!!
http://law.justia.com/cases/federal/appellate-courts/ca11/10-14618/10-14618-2012-03-15.html Justia.com Opinion Summary: Plaintiff appealed the district court’s dismissal of his civil action under the Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. 1692. The district court concluded that plaintiff’s claim was covered by the FDCPA but that he did not allege acts that violated the FDCPA. Accepting plaintiff’s allegations as true and construingContinue reading “Eleventh Circuit Overturns District Court on FDCPA Dismissal, Rubin Lublin is a Debt Collector and Violated FDCPA!!!”
Guilford County, North Carolina Register of Deeds Want The Mess Cleaned Up!
http://newsandinsight.thomsonreuters.com/uploadedFiles/Reuters_Content/2012/03_-_March/guilfordvmers.pdf STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICESUPERIOR COURT DIVISION NATURE AND SUMMARY OF THIS ACTION1. This lawsuit seeks to have Defendants clean up the mess they created inGuilford County’s public property records and to hold Defendants accountable for their unfair and deceptive trade practices. COUNTY OF GUILFORD GUILFORD COUNTY, ex rel.Continue reading “Guilford County, North Carolina Register of Deeds Want The Mess Cleaned Up!”
California asks for Fannie Mae, Freddie Mac foreclosure hiatus | Share on LinkedIn
http://www.linkedin.com/share?viewLink=&sid=s926132639&url=http%3A%2F%2Fwww%2Elatimes%2Ecom%2Fbusiness%2Fmoney%2Fla-fi-mo-fannie-freddie-foreclosure-20120227%2C0%2C2545582%2Estory&urlhash=DO4W&pk=nprofile-view-success&pp=1&poster=16264752&uid=5580443759323123713&trk=NUS_UNIU_SHARE-title California Atty. Gen. Kamala D. Harris during a visit last year to the East L.A. Community Corp. in Boyle Hights on a tour highlighting her work cracking down on unfair mortgage practices. (Bob Chamberlin / Los Angeles Times) By Alejandro Lazo February 27, 2012, 2:55 p.m. California’s attorney general has asked for a suspensionContinue reading “California asks for Fannie Mae, Freddie Mac foreclosure hiatus | Share on LinkedIn”
DocX Faces Foreclosure Fraud Charges in Missouri – NYTimes.com
Company Faces Forgery Charges in Mo. Foreclosures By GRETCHEN MORGENSON Published: February 6, 2012 One of the largest companies that provided home foreclosure services to lenders across the nation, DocX, has been indicted on forgery charges by a Missouri grand jury — one of the few criminal actions to follow reports of widespread improprietiesContinue reading “DocX Faces Foreclosure Fraud Charges in Missouri – NYTimes.com”
Lender Processing Unit Indicted in Missouri for Forging Mortgage Documents- Bloomberg
http://mobile.bloomberg.com/news/2012-02-07/lender-processing-unit-indicted-in-missouri-for-forging-mortgage-documents Lender Processing Unit Indicted in Missouri for Forging Mortgage Documents By Phil Milford February 07, 2012 8:24 AM EST Docx LLC, a unit of Lender Processing Services Inc., was charged in Missouri with forgery and making a false declaration related to mortgage documents it processed. A Boone County grand jury handed down the 136-countContinue reading “Lender Processing Unit Indicted in Missouri for Forging Mortgage Documents- Bloomberg”
For America’s hard-hit homeowners, little relief from settlement | Reuters
http://www.reuters.com/article/2012/02/10/us-mortgage-settlement-homeowners-idUSTRE81907T20120210 For America’s hard-hit homeowners, little relief from settlement Houses under construction are seen in Phoenix, Arizona, August 23, 2011. Credit: Reuters/Joshua Lott By Jilian Mincer NEW YORK | Fri Feb 10, 2012 12:15am EST NEW YORK (Reuters) – Crystal Morello’s family pleaded for months with their lender for a cheaper mortgage on their familyContinue reading “For America’s hard-hit homeowners, little relief from settlement | Reuters”
Special report: Legal woes mount for a foreclosure kingpin | Reuters
Lest We Not Forget… Special report: Legal woes mount for a foreclosure kingpin Fall leaves blow past an empty home (C) seen in a well kept neighborhood where the house is listed on the auction block during the Wayne County tax foreclosures auction of almost 9,000 properties in Detroit, Michigan, October 22, 2009. Credit: Reuters/RebeccaContinue reading “Special report: Legal woes mount for a foreclosure kingpin | Reuters”