http://www.bloomberg.com/news/2013-03-18/prommis-holdings-files-for-bankruptcy-protection-in-delaware.html By Michael Bathon – Mar 18, 2013 3:29 PM E Prommis Holdings LLC, which provides processing services for defaults and foreclosures in the residential mortgage industry, sought bankruptcy protection from creditors without citing a reason. The company, based in Atlanta, listed debt of more than $50 million and assets of as much as $50Continue reading “Foreclosure Processor Prommis Holdings Files Chapter 11”
Tag Archives: Foreclosure
Living Lies/Neil Garfield on Georgia
http://livinglies.wordpress.com/2013/03/15/wake-up-georgia-courts-are-opening-the-door-on-wrongful-foreclosure/ http://livinglies.wordpress.com/2013/03/15/wake-up-georgia-courts-are-opening-the-door-on-wrongful-foreclosure/ Wake Up Georgia: Courts Are Opening the Door on Wrongful Foreclosure Posted on March 15, 2013 by Neil Garfield PRACTICE AND PROCEDURE IN GEORGIA If you are seeking legal representation or other services call our Florida customer service number at 954-495-9867 (East Coast, including Georgia – the Atlanta Area) and for the WestContinue reading “Living Lies/Neil Garfield on Georgia”
Assignment must exist in writing, even if the court says it doesn’t need recording « Livinglies’s Weblog
http://livinglies.wordpress.com/2012/08/24/assignment-must-exist-in-writing-even-if-the-court-says-it-doesnt-need-recording/ Editor’s Note: With Banks and servicers playing fast and loose with the rules of procedure, the rules of evidence and black letter law it well to remember BASIC BLACK LETTER LAW. An assignment without delivery is probably a nullity. An assignment that isn’t even in writing is (a) not proper under most existing lawsContinue reading “Assignment must exist in writing, even if the court says it doesn’t need recording « Livinglies’s Weblog”
FLORIDA FINAL JUDGMENT FINDS BB&T “DOUBLE DIPPING” IN MANUFACTURED FORECLOSURE |
Foreclosure Defense Nationwide – Mortgage Foreclosure Help – Free Advice http://foreclosuredefensenationwide.com/?p=464 July 30, 2012 A Hillsborough County (Tampa) Florida Circuit Judge has entered a Final Judgment in favor of a borrower, ordering that the loan and all loan documents be reinstated effective back to June 30, 2009 (pre-”default”); that the terms of the loan remainContinue reading “FLORIDA FINAL JUDGMENT FINDS BB&T “DOUBLE DIPPING” IN MANUFACTURED FORECLOSURE |”
California Is On The Ball Denies Motion to Dismiss
CALIFORNIA FEDERAL COURT DENIES MOTION TO DISMISS HOMEOWNER’S COMPLAINT, HOLDING THAT ALLEGATIONS THAT ASSIGNMENTS TO A SECURITIZED TRUST WERE NOT DONE PROPERLY OR TIMELY GIVES RISE TO INFERENCE THAT ASSIGNMENT, SUBSTITUTION OF TRUSTEE, AND NOTICE OF DEFAULT AND ELECTION TO SELL MAY HAVE BEEN IMPROPER | August 3, 2012 In what we consider toContinue reading “California Is On The Ball Denies Motion to Dismiss”
DeBord Report : California is going through another ‘wave’ in foreclosures | 89.3 KPCC
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”
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”
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
USDOJ: Alabama Real Estate Investor Agrees to Plead Guilty to Conspiracies to Rig Bids and Commit Mail Fraud for the Purchase of Real Estate at Public Foreclosure Auctions
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, April 20, 2012 Alabama Real Estate Investor Agrees to Plead Guilty to Conspiracies to Rig Bids and Commit Mail Fraud for the Purchase of Real Estate at Public Foreclosure Auctions WASHINGTON – An Alabama real estate investor has agreed to plead guilty andContinue reading “USDOJ: Alabama Real Estate Investor Agrees to Plead Guilty to Conspiracies to Rig Bids and Commit Mail Fraud for the Purchase of Real Estate at Public Foreclosure Auctions”
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”
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”
Foreclosure Fallout: Robo-Signing deal falls flat
Oppenheim Law, http://www.linkedin.com/news?viewArticle=&articleID=5567684076652986380&gid=1467337&type=member&item=91028246&articleURL=http%3A%2F%2Fsouthfloridalawblog%2Ecom%2F2012%2F01%2F24%2Fforeclosure-fallout-robo-signing-deal-falls-flat%2F&urlhash=qxrl&goback=%2Egde_1467337_member_91028246 This was shared by Tiffany Arthur in Foreclosure Prevention: Real Estate Agents, Investors, Bankruptcy Attorneys, Mortgage/Lending Agents @ LinkedIn Will Obama Target Housing Crisis During State Of The Union? Obama and the State of the Union — a Political Jekyll and Hyde? President Obama is likely to talk about this in tonight’sContinue reading “Foreclosure Fallout: Robo-Signing deal falls flat”
Wall Street protest enters fourth day
Wall Street protest enters fourth day. Peter Foley / EPA New York police try to direct protesters marching on Wall Street Tuesday. By John Schoen A protest called “Occupy Wall Street” entered its fourth day Tuesday as a loosely organized group of activists converged on lower Manhattan and clashed with police. The protest began SaturdayContinue reading “Wall Street protest enters fourth day”
Wall Street protest enters fourth day
Wall Street protest enters fourth day. Peter Foley / EPA New York police try to direct protesters marching on Wall Street Tuesday. By John Schoen A protest called “Occupy Wall Street” entered its fourth day Tuesday as a loosely organized group of activists converged on lower Manhattan and clashed with police. The protest began SaturdayContinue reading “Wall Street protest enters fourth day”
Wrongful Foreclosure Fulton County GA
Wrongful Foreclosure Suit Los Angeles County
Bank Of America, It is Alot of Trouble to Verify Address Before Foreclosing
Bank of America Announces That It Has Discovered Some Trivial Technical Problems With a Small Number of its Mortgages Bank of America announced that it has discovered a few trivial, easily-remedied technical problems with some of its mortgages. “We will stop foreclosure sales in some states until our assessment has been satisfactorily completed, or until theContinue reading “Bank Of America, It is Alot of Trouble to Verify Address Before Foreclosing”