Blogger David Dayen writes in Firedoglake:It’s embarrassing that the most information we’ve yet received about the foreclosure fraud settlement comes from an annual report to stockholders by Wells Fargo. In other words, we had to wait for the banks to tell us what was in the settlement, I guess because ...
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Written by Administrator on March 2nd, 2012
Written by Administrator on February 14th, 2012
In Kansas City, Missouri, KCTV Channel 5 reports:A Kansas City man's plans to move his mother closer to his home turned into a nightmare. And, he says, led to the theft of priceless family heirlooms. In September 2010, Alan Danforth helped purchase a two-story house on Agnes Avenue for his ...
Written by Administrator on January 16th, 2012
In West Palm Beach, Florida, The Palm Beach Post reports:The Nevada attorney general calls signing another person's name on documents used to repossess a home "forgery" and a "scheme."Michigan's attorney general launched a criminal investigation that includes whether "falsified signatures" were used in foreclosure cases.But Theresa Edwards and June Clarkson ...
Written by Administrator on January 16th, 2012
In West Palm Beach, Florida, The Palm Beach Post reports:The Nevada attorney general calls signing another person's name on documents used to repossess a home "forgery" and a "scheme."Michigan's attorney general launched a criminal investigation that includes whether "falsified signatures" were used in foreclosure cases.But Theresa Edwards and June Clarkson ...
Written by Administrator on December 1st, 2011
The Associated Press reports:A government watchdog said Fannie Mae and Freddie Mac improperly foreclosed on homeowners and cost the government billions of dollars by not holding major banks to strict underwriting requirements.The report released Tuesday also said the Federal Housing Finance Agency gave “undue deference” to Fannie and Freddie officials ...
Written by Administrator on September 22nd, 2011
In Prince William County, Virginia, The Washington Post reports:Lenders may have foreclosed on hundreds of homeowners in Prince William County, Manassas and Manassas Park using unreliable, “robo-signed” documents, according to a report by the group Virginians Organized for Interfaith Community Engagement.***A team of more than 30 VOICE volunteers found widespread ...
Written by Administrator on September 4th, 2011
The Associated Press reports:Counties across the United States are discovering that illegal or questionable mortgage paperwork is far more widespread than thought, tainting the deeds of tens of thousands of homes dating to the late 1990s. The suspect documents could create legal trouble for homeowners for years.(1)
Already, mortgage papers are ...