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: Prommis Solutions
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”
Manifest Injustice 