Featured In. Mortgage servicers have cut corners in foreclosure procedures and made grievous errors in calculating defaults and managing homeowners’ accounts. Some of the more egregious practices — like using "robosigners" to sign off on foreclosures — were covered by national media. Others, like miscalculating amounts due,
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A Florida law firm, the firm’s main attorney, and his wife stand accused of running a predatory foreclosure rescue scam that preyed on Hispanic homeowners who were struggling with their mortgages.
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Deal With the Foreclosure Without a Lawyer. You can apply for a mortgage modification during foreclosure without an attorney. You probably don’t need an attorney to help you apply for a mortgage modification. A mortgage modification is a permanent change to the mortgage terms, such as an interest rate reduction,
2010-10-01 · The foreclosure machinery that has forced millions of Americans out of their homes is beginning to seize up as some. as state and national law. firm.
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Attorneys general in every U.S. state have joined to probe foreclosure practices generally. Stern’s foreclosure firm and three others are under investigation by Florida Attorney General Bill McCollum.
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Lenders and the law firms they hire to perform nonjudicial foreclosures can take some comfort in the U.S. Supreme Court’s unanimous decision that the Fair Debt Collection Practices Act doesn’t.
"The Baum Firm cut corners in order to maximize the number of its foreclosure filings and its profits," said Attorney General Schneiderman. "This settlement demonstrates that my office will not allow New York homeowners to face the drastic consequence of foreclosure based upon inaccurate documents filed in court.
Florida Man Faces 30 Years For Lying On Washington Mutual Mortgage Application Are some law firms cutting corners on foreclosures? FHA Streamline Refinance Mortgage Among the snags: state law permits lenders. to questionable practices. Some loan servicers "continue to cut corners," said David Stevens, president of the Mortgage Bankers.