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Loan Modification

: Loan Modification & Home Loan News

Mediation Effort Aims To Untangle Foreclosure Mess

By Moe Bedard

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Some of the nation’s largest mortgage companies are being sued for allegedly filing fraudulent court documents when foreclosing on homeowners. As a result, banks are delaying thousands of foreclosures. Some lawmakers are calling for a sweeping moratorium to stop all foreclosures while the issue is resolved. But some economists worry that would hobble the housing [...]

Full post as published by Loan Modification & Home Loan News on October 18, 2010 (boomark / email).

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GMAC Faces Class Action over Foreclosure Abuses
GMAC Faces Foreclosure Abuses Class Action

Bank of America Faces Class Action over Mortgage Foreclosure Practices
Bank of America Faces Class Action over Mortgage Foreclosure Practices

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

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