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Recent Posts in Foreclosure Fraud Category

28 results found. Viewing page 1 of 2. Go to page 1 2   Next

California Officials Take Down Attorneys Operating a National Foreclosure Rescue Fraud Ring

California Officials take down a fraud ring of legal firms and attorneys that officials say swindled thousands of homeowners out of millions of dollars by convincing them to take part in mass lawsuits ...
Continue reading "California Officials Take Down Attorneys Operating a National Foreclosure Rescue Fraud Ring" »

Don't Walk Away! And Certainly Don't TRUST Your Lender...

Florida residents AJ and Brenda Boyd spent more than a year trying to renegotiate their mortgage to save their home. But instead of the bank helping them, their bank attempts to evict them. A story ...
Continue reading "Don't Walk Away! And Certainly Don't TRUST Your Lender..." »

Mortgage mess: Who really owns your mortgage?

Scott Pelley explains a bizarre aftershock of the U.S. financial collapse: An epidemic of forged and missing mortgage documents. . Do you know who really owns your mortgage? As Scott Pelley reports on ...
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The Next Housing Shock

As more and more Americans face mortgage foreclosure, banks' crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that's causing lawsuits and ...
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SunTrust Acknowledges Document Problems

An Internal review finds 4,000 cases in judicial foreclosure states, especially Florida, had improper documents. An internal review of SunTrust Banks Inc.'s foreclosure practices found that thousands ...
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Florida's Attorney General opens probe into eighth foreclosure firm

The office of the Florida Attorney General has opened an investigation into Ben-Ezra & Katz, a Hollywood law firm that processes thousands of foreclosures for lenders, on allegations of presenting ...
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Former Countrywide Chief Escapes Criminal Prosecution

The criminal cloud hanging over the founder and former chief of Countrywide Financial Corp. has been lifted -- though that could change if ongoing civil litigation reveals new facts. Behind the ...
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Florida’s foreclosure rate is the highest in the nation

Florida has the nation's highest inventory of homes in distress, accounting for nearly one out of every four foreclosure properties in the country , according to data released Thursday by the Mortgage ...
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Ben-Ezra & Katz gives notice to half of its 568 employees

Fannie's Action Leads to Hundreds of Layoffs Fannie Mae's decision last week to terminate a Florida law firm that has handled more than 18,000 foreclosures has left hundreds of employees out of work. ...
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Ben-Ezra held in contempt over 'Fraud' in foreclosure filing

A day after federal mortgage giant Fannie Mae fired the prominent law firm of Ben-Ezra & Katz, a Miami judge found the firm's founding partner, Marc Ben-Ezra, in contempt of court for filing ...
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Fannie Mae fires second South Florida law firm

Federal mortgage giant Fannie Mae has cut ties with a second South Florida law firm handling its foreclosure cases, requiring an immediate transfer of those files to other attorneys and likely causing ...
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HAMP and the Horror Stories

I continue to hear the horror stories every day from homeowners spending more than a year, that's right more than a year, trying to have their mortgages modified. They are faced with stall tactics by ...
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Living for Free

One of the under-reported stories of Foreclosure-Gate is the ability of homeowners facing foreclosure to retain a foreclosure defense attorney , live in their homes without paying their mortgage, and ...
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A Great Article on the Foreclosure Crisis

Let me just say that I read a lot of articles about foreclosure, and this one I must say is one of the best I've read. It's a little insensitive, as it includes a few f-bombs, put that aside you have ...
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Banks Face New Rules on Foreclosures from Skeptical State Judges

As banks resume foreclosures and claim to have added safeguards [1] to their processes, it's been left up to state court judges to decide whether they buy what the banks are saying. Many judges ...
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Florida Foreclosure Timeline Exceeds 500 Days

According to the September Mortgage Monitor report released by Lender Processing Services foreclosure timelines continue to increase, thanks in part of the recent robo-signing allegations and ...
Continue reading "Florida Foreclosure Timeline Exceeds 500 Days" »

Court returns home to Miramar man who lost property to foreclosure

Foreclosure: Shamjis keep their home By Harriet Johnson Brackey A Miramar homeowner who was facing foreclosure, despite securing a loan modification, will be allowed to stay in his house, according to ...
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Wells Fargo admits more mistakes in foreclosure affidavits

As if we needed more proof that the banks' foreclosure procedures are fundamentally flawed, Wells Fargo just announced it is re-doing affidavits in 55,000 foreclosure cases, as the original ...
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GMAC Mortgage will Move Forward with Foreclosures

GMAC Mortgage was the first company to halt foreclosures in 23 states because of concerns that the legal paperwork was not validated and processed correctly. After two months of reviewing individual ...
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Bank of America Announces Florida Foreclosures to start again next week

As I stated in my two most recent postings " A False Sense of Security " and " Hoping the Current Bank Crisis Gets You a Free Home " the halt on Florida foreclosures wouldn't last long and it hasn't… ...
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GMAC Finds "No Evidence" of Improper Foreclosures, Foreclosures will Resume

As I recently posted Florida homeowners were beginning to see the current banking fraud crisis as a way out, a way of keeping their homes, the courts and the government was going to protect them and ...
Continue reading "GMAC Finds "No Evidence" of Improper Foreclosures, Foreclosures will Resume" »

A False Sense of Security

As the headlines continue my concern for Florida homeowners continues to grow. This past week alone I have spoken to an unprecedented amount of homeowners whom are already in, or facing foreclosure. ...
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Foreclosure law firm fighting Attorney General’s investigation

One of the foreclosure firms under a fraud investigation by the Florida Attorney General's Office is fighting back. Shapiro & Fishman this morning asked a Palm Beach judge to "quash" an ...
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Congressman Alan Grayson Explains the Foreclosure Fraud Crisis

This is the video everyone is talking about. It's Congressman Alan Grayson not only explaining the crisis of foreclosure fraud but who is involved. He goes even further by showing examples of the ...
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Florida Attorney General Launches Investigation into Three South Florida Law Firms

On Tuesday the Florida Attorney General Bill McCollum's office announced an investigation of Three South Florida law firms. The firms are identified as; The Law Offices of Marshall C. Watson in Fort ...
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