Tag: Foreclosure

Foreclosure Abuse Settlement

Filed in Credit Repair, Loans by on February 7, 2012 0 Comments
Foreclosure Abuse Settlement

40 states agree to a foreclosure abuse settlement. Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial will reduce loans on about a million homes. Holdouts can still sign on. The lower loans will benefit owners who are behind on payments and owe more than homes are worth. The lenders also will send checks, for […]

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$12 Trillion Fraud, Foreclosure Defense

$12 Trillion Fraud, Foreclosure Defense

The fallout from an alleged $12 trillion attorney fraud continues. Plantation attorney David Stern recently announced that his firm was closing. The Florida Attorney General is investigating Stern for alleged fabricated foreclosure documents, slipshod paperwork and questionable fees. Banks got expensive new attorneys to keep foreclosing 100,000 Florida homes (one in five). At $200,000 per […]

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