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Taking The Easy Way Out Again: Recent OCC/Big Banks Settlement

Any follower of this blog or the mortgage crisis at large will — sadly — not be surprised by the seemingly never-ending news of foreclosure misdeeds by the nation’s biggest banks. Recent news reveals a particularly...more

3/20/2013 - Foreclosure Military Service Members Mortgages OCC Robo-Signing Settlement Wrongful Foreclosures

President Obama Touts Refinancing Plan in State of the Union Address

In his State of the Union Address on February 12, 2013, President Obama called on Congress to make it easier for families to refinance their mortgages. Specifically, the President urged Congress to pass refinancing...more

2/20/2013 - Barack Obama Mortgage Rates Mortgages Refinancing Responsible Homeowner Refinancing Act State of the Union

Zombie Title

Think your house has been foreclosed? Think again… As reported by Michelle Conlin at Reuters, when banks fail to follow through on foreclosure of homes, this has serious, often dramatic ramifications for the homeowner....more

1/16/2013 - Abandoned Property Foreclosure Mortgages Zombie Title

Gotcha! Originators Beware of Baseless Claims

Just about every time I think that the demands being asserted on residential mortgage loan originators for mortgage loan “repurchases” or indemnification payments (on account of loans that were originated years ago during the...more

12/13/2012 - Mortgage Loan Aggregators Mortgage Loan Originators Mortgages Repurchases

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