In Chicago, Illinois, Bloomberg reports:Illinois Attorney General Lisa Madigan sued Nationwide Title Clearing Inc., a Florida company she claims caused the filing of faulty documents with county clerks. [...] Nationwide Title Clearing prepares documents for mortgage servicers to use against borrowers in default, foreclosure and bankruptcy, Madigan said. Among the ...
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Written by Administrator on February 5th, 2012
Written by Administrator on February 5th, 2012
From the Office of the New York State Attorney General:Attorney General Eric T. Schneiderman [] filed a lawsuit against several of the nation’s largest banks charging that the creation and use of a private national mortgage electronic registry system known as MERS has resulted in a wide range of deceptive ...
Written by Administrator on February 4th, 2012
In Detroit, Michigan, the Detroit Free Press reports:The University of Detroit Mercy School of Law has purchased a vacant former Detroit firehouse downtown for use as the future home of its public legal aid clinics.***The two-story facility will provide more than 6,000 square feet of space for the school's 10 ...
Written by Administrator on February 4th, 2012
In New York City, Crain's New York Business reports:Overleveraged residential buildings, properties that are not generating enough rental income to cover their mortgage payments and overall maintenance costs, as well as multi-family buildings that have gone through foreclosure are having a negative impact on neighboring properties, according to a new ...
Written by Administrator on February 4th, 2012
In Swissvale, Pennsylvania, WTAE-TV Channel 4 reports:Residents at a Swissvale apartment building are being forced out because officials said the landlord has been ignoring citations for the past five years. "He's not doing what he's supposed to be doing," said 83-year-old tenant Sarah Kandor of her landlord, Michael Sturdivant.Sturdivant is ...
Written by Administrator on February 4th, 2012
In Sarasota, Florida, the Sarasota Herald Tribune reports:A year ago, the Florida Bar issued an ethics opinion that was a warning for every mortgage lawyer who helps lenders foreclose on Florida homes. It must have made many of them squirm a bit, but maybe not enough.By then, everyone paying even ...
Written by Administrator on February 4th, 2012
In Newport Beach, California, The Orange County Register reports:A husband and wife were sentenced to three years of informal probation after a guilty plea of illegally occupying vacant homes in foreclosure. Chris Wayne Duncan, 43, and Robin Ann Duncan, 37, both of Newport Beach, pleaded guilty to a court offer ...
