The City of Chicago’s Abandoned Property Pivot
When the City of Chicago first began addressing the challenge of abandoned properties, it was focusing the majority of its […]
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The Consumer Financial Protection Bureau To Propose New Mortgage Servicing Rules
This summer, the Consumer Financial Protection Bureau will formally propose new rules for mortgage servicers. The rules will be finalized
Federal Regulators Considering Fines For Eight More Mortgage Servicers
Even though the much ballyhooed foreclosure fraud settlement has been a bit of a letdown, it has not stopped federal
Freddie and Fannie: Principal Reductions Make Sense
As first reported by Pro Publica and NPR News, Freddie Mac and Fannie Mae have released statements in favor of granting
Have You Received A Letter from Bank of America? I Finally Saw One.
I recently had the opportunity to see one of the Bank of America offer letters. These are the offer letters
Landmark Mortgage Settlement May Inadvertently Increase Mortgage Scams
The U.S. Department of Justice and U.S. Department of Housing and Urban Development (HUD), in addition to 49 attorneys general,
Are Lawsuits Based On HAMP Guidelines Viable?
The Home Affordable Modification Program (HAMP) has been the subject of many of my blog posts. This is because, love
Bank of America To Begin First Round of Loan Modification Offers
According to Forbes, Bank of America is about to begin sending out its first round of loan modification offers. This first round of
More Mortgage Rescue Scams in the News
According to this report from the Quad Cities, Illinois home owners are being targeted by mortgage rescue scams that appear as offers
Why Should I Ask To See The Original Note?
The “show me the note” movement pops up in the news from time to time. This article inspired me to write yet