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Loan Modification

: Mortgage Lender Implode-o-Meter

Congressmen Berate Fannie Mae on "Foreclosure Mills"

By Implode-Explode Heavy Industries

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``Why is Fannie Mae using lawyers that are accused of regularly engaging in fraud to kick people out of their homes? Given that Fannie Mae is at this point a government entity, and it is the policy of the government that foreclosures are a costly situation best avoided if there are any lower cost alternatives, what steps is Fannie Mae taking to avoid the use of foreclosure mills?'' -- NOW they notice...

Full post as published by Mortgage Lender Implode-o-Meter on September 24, 2010 (boomark / email).

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Bank of America Faces Class Action over Mortgage Foreclosure Practices
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Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

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