Loan Modifications, Foreclosure

What’s at the Bottom of the ‘Robosigning’ Scandal?

by Jeff Ifrah on 4/9/2013

The problematic practice of robosigning – whereby banks and other lenders improperly foreclosed on properties through formulaically processing foreclosure documents – has been much in the news over the past couple of years....more

New Foreclosure Rules

by Howard Ankin on 4/2/2013

The new mandatory regulations regarding foreclosures, recently developed by the Illinois Supreme Court, went into effect on Match 1st. The rules came about due to the deceptive practices that judges observed as well as the...more

Homeowners May Fight Foreclosures by Alleging That Lenders Acted in Bad Faith Concerning Loan Modification Programs

by Francis X. Riley, III, Michael Rowan | Saul Ewing LLP on 3/7/2013

In two recent decisions, the Superior Court of New Jersey, Chancery Division, Bergen County, held that homeowners may defend against foreclosure actions by asserting that lenders acted in bad faith with respect to post-notice...more

Orrick's Financial Industry Week In Review - March 4, 2013

by Orrick, Herrington & Sutcliffe LLP on 3/4/2013

In This Issue: *Financial Industry Developments - Amendments to Fed and OCC Foreclosure Consent Orders - Fed Proposed Rule on Systemically Important Financial Market Utilities - Rating Agency...more

Florida Scammer Rented Out Neighbor’s Foreclosed Home

by Perry Draper Law on 2/26/2013

One Palm Beach neighbor borrowed more than just a cup of sugar. When Nathalie Heil noticed that the house next door was empty after it foreclosed, she posted an online ad offering the property for rent. Heil found some...more

Widow Foreclosure Catch-22 [Video]

by Lawyers.com on 2/20/2013

Losing a spouse is a very difficult time for most people. Imagine how difficult it would then be to lose the house you shared to foreclosure. Banks are under legal obligation to help avoid foreclosure by using loan...more

House Democrats Urge President Obama To Nominate FHFA Director

by BuckleySandler LLP on 2/19/2013

On February 7, 45 Democratic Members of the House of Representatives sent a letter to President Obama requesting he nominate a permanent director for the FHFA to replace Acting Director Edward DeMarco. ...more

"I Knew You Were Trouble": Recent Trends in Lender Liability Litigation

by Timothy Lupinacci | Baker, Donelson, Bearman, Caldwell &... on 2/15/2013

Lender liability claims generally arise in one of following contexts: (i) claims seeking recovery of damage or "leverage" to accept discounted payoffs; (ii) counterclaims to foreclosure/receivership/guarantor actions; or...more

Massachusetts Division Of Banks Proposes Foreclosure Regulation Amendments

by BuckleySandler LLP on 1/17/2013

On January 7, the Massachusetts Division of Banks announced a public hearing to review proposed amendments to the state’s foreclosure and mortgage modification regulations. The proposed amendments would implement a recently...more

Former Congressman Steve Bartlett Joins the LEVICK Team [Video]

by LEVICK on 1/15/2013

In this LEVICK Daily interview, LEVICK’s new Strategic Policy Advisor, Steve Bartlett, discusses how companies can best navigate the complex relationships between the public and private sectors. As a former Congressman, Mayor...more

Independent Foreclosure Review Settlement

by Orrick - Structured Finance Group on 1/14/2013

On January 7, the OCC and the Fed announced a settlement with 10 mortgage servicing companies which includes cash payments to eligible borrowers and other assistance, such as loan modifications and forgiveness of deficiency...more

CFPB Halts Alleged Nationwide Mortgage Loan Modification Scams

by Stephen M. Quinlivan | Leonard, Street and Deinard - Dodd-Frank and... on 12/12/2012

The CFPB has announced actions to halt two alleged mortgage loan modification scams it believes ripped-off thousands of struggling homeowners across the country. According to the CFPB, these operations took in more than $10...more

Unenforceable Loan Modification Agreement

by Schecter Law on 12/11/2012

In Vargas v. Deutsche Bank Nat. Trust Co., 3D11-554 (Fla. 3d DCA, Nov. 28, 2012), Rogelio Vargas (“Defendant”) appealed an order approving a general magistrate’s report and recommendations which denied his “Motion to Enforce...more

Will Filing for Chapter 7 Bankruptcy Stop Foreclosure?

by Jeff Field & Associates on 11/9/2012

In short, YES. Filing a bankruptcy, whether it be Chapter 7 or Chapter 13, will stop the foreclosure process. However, filing a Chapter 7 bankruptcy may not stop the process permanently. When a Chapter 7 bankruptcy is filed,...more

Update of Foreclosure Law In Georgia

by Jeff Field & Associates on 10/16/2012

A recent decision of the Georgia Court of Appeals issued July 12, 2012, provides additional protection to homeowners and others who own real property in Georgia who have a security deed and note with a lender. Foreclosure in...more

Foreclosure Defense as an Alternative to Bankruptcy

by Harold Shepley & Associates, LLC on 10/10/2012

In some cases, a bankruptcy lawyer can help you with foreclosure defense, which is an alternative to filing bankruptcy. To understand how foreclosure defense works, you first have to understand how the mortgage...more

Warning! Loan Modification No Guarantee To Prevent Foreclosure

by Andrews Law, PLC on 9/7/2011

Despite the above cautions, loan modifications can be a benefit for some. If you are struggling to make the loan payments, or are nearing bankruptcy, then it is in both yours and the bank’s best interest to renegotiate the...more

Top 7 Tips To Avoid Foreclosure

by Andrews Law, PLC on 8/5/2010

7 steps distressed homeowners can take to avoid the foreclosure of their home. Options include: 1. Loan modification 2. Refinancing 3. Litigation 4. Chapter 13 bankruptcy 5. Chapter 7 bankruptcy 6. Short sale,...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters

Loan Modifications › Foreclosure

What’s at the Bottom of the ‘Robosigning’ Scandal?

New Foreclosure Rules

Homeowners May Fight Foreclosures by Alleging That Lenders Acted in Bad Faith Concerning Loan Modification Programs

Orrick's Financial Industry Week In Review - March 4, 2013

Florida Scammer Rented Out Neighbor’s Foreclosed Home

Widow Foreclosure Catch-22 [Video]

House Democrats Urge President Obama To Nominate FHFA Director

"I Knew You Were Trouble": Recent Trends in Lender Liability Litigation

Massachusetts Division Of Banks Proposes Foreclosure Regulation Amendments

Former Congressman Steve Bartlett Joins the LEVICK Team [Video]

Independent Foreclosure Review Settlement

CFPB Halts Alleged Nationwide Mortgage Loan Modification Scams

Unenforceable Loan Modification Agreement

Will Filing for Chapter 7 Bankruptcy Stop Foreclosure?

Update of Foreclosure Law In Georgia

Foreclosure Defense as an Alternative to Bankruptcy

Warning! Loan Modification No Guarantee To Prevent Foreclosure

Top 7 Tips To Avoid Foreclosure

Widow Foreclosure Catch-22 [Video]

Former Congressman Steve Bartlett Joins the LEVICK Team [Video]

Expand Your Reach