Six banks up against wall in NJ
Six banks up against wall in NJ
Six of the country’s largest mortgage lenders, ensnared in the robo-signing foreclosure fiasco, may be considered guilty of filing improper paperwork and see all their cases suspended unless they can convince a New Jersey judge next month that their practices are legitimate, the state’s chief justice ruled yesterday…
Read more on New York Post
Post-foreclosure challenge came too late
A former homeowner cannot undo a foreclosure sale based on her government-insured lender’s failure to comply with HUD-required loan mitigation efforts in the absence of fraud, Maryland’s top court held Thursday. The unanimous Court of Appeals said people in foreclosure must raise the issue of the lender’s failure to hold mitigation discussions in court [...]
Read more on The Daily Record
Florida, Nation See Big Foreclosure Drop in November
Foreclosure filings dropped dramatically in Florida and around the country in November.
Read more on WCTV Tallahassee