.

Google       

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402


Real Estate & Property Law

The Home Equity Theft Reporter The Home Equity Theft Reporter

Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues.
By r morris

Post Frequency: 38.4/day

Last Entry: September 15, 2014 at 04:00:00

Recent Entries: 9453

Track this blog ()

Go to The Home Equity Theft Reporter, find other Real Estate & Property Law blogs, or browse all law blogs.

Search
This Blog Only All Blogs

Posts

Walls Beginning To Close In On Title Insurance Industry After Recent Massachusetts High Court Foreclosure Rulings?

Posted on October 24, 2011
A recent article on Amvona shines light on the apparent reluctance of many in the title insurance industry to discuss the implications of the recent ruling by the Massachusetts Supreme Judicial Court in Bevilacqua v. Rodriguez, a ruling earlier this year by the same court in U...


Citi To Cough Up $285M To Resolve Charges In Alleged Mortgage-Backed, "Dog$#!t" Paper Peddling Racket; Some Call Settlement A Bull$#!t Deal

Posted on October 24, 2011
The New York Post reports:Citigroup really stepped in it this time. The bank was forced to shell out $285 million in a settlement linked to the sale of 2007 vintage mortgage bonds one unnamed Citi trader described as ?dogsh-t,? according to a lawsuit filed by the Securities and Exchange Commission...


Nevada Supreme Court Orders Sanctions On Banksters For Conduct In Violation Of State Foreclosure Mediation Law

Posted on October 24, 2011
The Las Vegas Sun reports:While the constitutionality of the state's foreclosure mediation law is being challenged, the Nevada Supreme Court has ruled that penalties should be imposed on two lending companies that failed to follow those rules.The court said Washoe District Judge Patrick Flanagan should determine the appropriate sanctions against Wells Fargo Bank and First American Loanstar-MERS


Loan Servicers To Think Twice About Filing Faulty Foreclosure Docs In Nevada As Potential Felony Charges Could Loom Under New State Law Now In Effect

Posted on October 24, 2011
Housing Wire reports:Many mortgage servicers stopped initiating foreclosures in Nevada because of a new law, which carried threats of criminal penalties for faulty filings.Assembly Bill 284 took effect Oct. 1, making it a felony if a mortgage servicer or trustee made false representations concerning a title...


To access this complete feed in the blog feed reader login or register for free.

Mass. High Court Ruling Voiding Title To Property Bought At Faulty Foreclosure Also Leaves Four Condo Homebuyers (& Their Title Insurers) Holding Bag

Posted on October 23, 2011
The following excerpts in The Boston Globe on the recent Massachusetts Supreme Judicial Court ruling in Bevilacqua v. Rodriguez, an Ibanez follow-up case dealing with the rights of a purchaser at an invalid foreclosure sale indicates that, in addition to the foreclosure buyer (real estate developer Francis J...


California AG Begins Putting Squeeze On BofA In Probe Into Suspected Peddling Of Crappy Mortgage-Backed Securities

Posted on October 23, 2011
The Los Angeles Times reports:Investigators with the state attorney general's office have subpoenaed Bank of America Corp. in connection with the sale and marketing of troubled mortgage-backed securities to California investors, according to a person familiar with the probe...


Pennsylvania Lawsuit Says Securitization Process Waives Bankster Foreclosure Rights; Homeowner Seeks Damages Recovery, Invalidation Of Mortgage Loan

Posted on October 23, 2011
In Pittsburgh, Pennsylvania, the Pittsburgh Post Gazette reports:The millions of mortgages that were bundled into giant investment pools and traded like stocks shouldn't be subject to foreclosure, according to an unusual lawsuit filed Wednesday.That's because when banks chose to turn mortgages into investment products, they gave up the right to take the house, attorney Luke Lucas argues...


Thousands In Central Florida Pushed Into Foreclosure Over Rampant 'Force Placed Insurance' Fraud? Homeowner Advocate: Bankster Scam Is Running Rampant

Posted on October 23, 2011
In Hernando Beach, Florida, Fox Channel 13 reports:Thousands of people in Hernando County are being forced into foreclosure because of what banks call "force placed insurance." But some homeowners and their advocates call it fraud, and they are fighting back...


GA Cops Pinch 'Sovereign Citizen' In 'Paper Terrorism' Case; Suspect Allegedly Targeted Government Officials w/ 'Maritime Liens' Filed Against Homes

Posted on October 22, 2011
In Fannin County, Georgia, WSB-TV Channel 2 reports:A north Georgia man is under arrest, accused of threatening several public officials through what law enforcement officers call "paper terrorism." Agents with the Georgia Bureau of Investigation said Robert Eugene Stephens filed fraudulent liens against his victims...


Title Agency Owner Nailed For Attempt To Cover Escrow Shortage By Refinancing Home, Failing To Pay Off Existing Mtgs, Applying Proceeds To Shortfall

Posted on October 22, 2011
From the Office of the U.S. Attorney (Baltimore, Maryland):James Kevin Hughes, age 53, of Crownsville, Maryland pleaded guilty [] to wire fraud arising from a scheme to defraud lenders and a title insurance company of approximately $3.1 million. A co-defendant is scheduled for trial on November 7, 2011...


California Regulator Issues C&D Order Against Operator Allegedly Running Illegal Upfront Fee Loan Modification Scam

Posted on October 22, 2011
California Watch reports:The [California] state Department of Real Estate issued a desist-and-refrain order against a Los Angeles man accused of running an illegal loan modification business, as boom times continue for mortgage scams.Last year, California Watch reported that George Bolanos was targeting Latino homeowners in Southern California with offers to help avoid foreclosure for an illegal


Rhode Island AG Scores TRO In Effort To Shut Down Alleged Loan Modification Racket Accused Of Clipping Homeowners With Upfront Fees For Phony Promises

Posted on October 22, 2011
From the Office of the Rhode Island Attorney General:Attorney General Peter F. Kilmartin announced the Office sought and received a temporary restraining order shutting down East Coast Fidelity, LLC, aka Fidelity Corp., and the company?s manager Janice McCarthy, citing the company in violation of the state?s Deceptive Trade Practices Act and the Mortgage Foreclosure Consultant Regulation Act...


Mechanics Liens In NYS: Easy To Create, A Bitch To Enforce Or Defend

Posted on October 22, 2011
In New York City, attorney Victor M. Metsch writes in Thomson Reuters News & Insight:Your sub-contractor client has not been paid for work, labor and materials on a real estate construction job. She sends you copies of the sub-contract, a summary of the work done and the invoices...


Las Vegas Woman Cops Plea For Role In Scheme To Hijack Control Of HOA To Dispense Financial Favors To Selected Attorneys, Contractors

Posted on October 22, 2011
From the U.S. Department of Justice:A Las Vegas woman pleaded guilty [] for her role in a scheme to fraudulently gain control of condominium homeowners? associations (HOA) in the Las Vegas area so that the HOAs would direct business to a certain law firm and construction company, announced [several federal and state law enforcement officials]...


Strip Shows, Sex Peddling, Drug Sales, Gang Activity Put Foreclosed Homes Left Vacant, Unsecured By Reckless Loan Servicers To 'Lowest & Worst Use'

Posted on October 22, 2011
In Jamaica, Queens, The New York Times reports:The boarded-up homes that changed the face of Jamaica, Queens, in recent years were bad enough, the flotsam of the record wave of housing foreclosures that roared through the streets like nowhere else in New York City...


Lawsuit: Operators Of Bogus Real Estate Investment Seminar Used Participant Questionaire To Get, Use Property ID Info To Score Forged Mortgage Loans

Posted on October 21, 2011
In Orange County, California, Courthouse News Service reports:California couple say they were victimized by operators of a "real estate seminar" who had them fill out forms describing real estate they owned, then used the information to "brazenly forge" their names and get "a fraudulent $245,000 loan" secured by their property...


Illinois AG Slams Outfits, Individuals In Three Seperate Suits Alleging Operation Of Upfront Fee Loan Modification, Debt Settlement Scams

Posted on October 21, 2011
From the Office of the Illinois Attorney General:Attorney General Lisa Madigan [] filed lawsuits against three Chicago area companies for fraudulent mortgage rescue and debt settlement schemes that cheated consumers out of large thousands of dollars.(1)Madigan filed the lawsuits [] in Cook County Circuit Court, alleging the three companies took large upfront fees from consumers with a promise to


California Appeals Court Affirms 46-Year Prison Sentence For Sale Leaseback Peddler Who Ran Purported Federal Land Grant Home-Saving Racket

Posted on October 21, 2011
A California Court of Appeals recently affirmed a 46-year prison sentence(1) for William Jeffrey Hutchings for running a racket where he peddled a phony sale leaseback land grant program targeting homeowners in or near foreclosure in the San Diego area...


Harvard Law Students At Center Of Another Foreclosure Fight On Behalf Of Massachusetts Homeowner Before State High Court

Posted on October 21, 2011
From Harvard Law School News:Just two months after landing a major victory in the Massachusetts Supreme Judicial Court on behalf of homeowners fighting eviction, the Harvard Legal Aid Bureau (HLAB) was back before the high court last week seeking more protections for people with homes in foreclosure...


Bay State High Court To Foreclosure Fraud Banksters: 'You Can't Give What You Don't Have!" (No Matter How Unwitting Or Lacking In Bad Faith Buyer Is)

Posted on October 20, 2011
Georgetown University Professor of Law Adam J. Levitin writes in Credit Slips:The Massachusetts Supreme Judicial Court just handed down a second major mortgage foreclosure ruling, Bevilacqua v. Rodriguez. The case was an Ibanez follow-up dealing with the rights of a purchaser at an invalid foreclosure sale...


Valuing A Covered Loss Under Title Insurance Policy? Not As Simple As It May Seem

Posted on October 20, 2011
The Alabama Supreme Court recently addressed, without deciding, several somewaht nuanced issues relating to the valuation of a covered loss under a title insurance policy.The case is probably not of any interest to anyone other than title insurance geeks, although possibly, with all the crappy real estate titles created by fraudulent foreclosures seeping back into the market, homebuyers left


Florida Insurer's Roof Inspection Requirement May Leave Some Homeowners Stuck Between Possible Foreclosure Threats & Contractor Ripoffs

Posted on October 20, 2011
In New Port Richey, Florida, The Tampa Tribune reports:Roofer Mark Gelling was saddened when he heard about a Pasco family on the verge of losing their home because of a worn out roof. But empathy turned into anger when he saw detailed photos of the roof, which seemed to be in fine shape...


Bay State High Court: Innocent 3rd Party Purchaser At Faulty F'closure Sale Left Holding The Bag; Unwitting Buyer Merely Acquires Mortgage Assignment

Posted on October 19, 2011
In Boston, Massachusetts, Bloomberg reports:A Massachusetts man who bought property in a faulty foreclosure sale isn?t the true owner and so doesn?t have the right to sue over it, the state?s high court ruled. The Supreme Judicial Court, which in January found that banks can?t foreclose on a house if they don?t own the mortgage,(1) went one step further in a closely watched case and said a sale


NC High Court To Decide Litigation Where Bankster Allegedly Failed To Prove It Had Right To Foreclose On Homeowner

Posted on October 19, 2011
In Raleigh, North Carolina, an excerpt from an editorial in the Charlotte News & Observer:Today, the state Supreme Court is scheduled to hear the case of Linda Dobson, an impoverished widow represented by Legal Aid of N.C.,(1) who is appealing a ruling that would result in the loss of her home through foreclosure to a large mortgage servicer - before the party seeking to enforce a loan document


Phoenix Man Pleas Guilty In Upfront Fee Foreclosure Rescue Scam; Agrees To Pay Ripoff Victims $2.8M+ In Restitution

Posted on October 19, 2011
In Phoenix, Arizona, KPHO-TV Channel 5 reports:A Phoenix man has pleaded guilty to conspiring to commit wire fraud and mail fraud in a Valley foreclosure scam, the U.S. Attorney's Office said. Luis Belevan, 34, and his co-conspirator, were charged with defrauding at least 1,800 local distressed homeowners out of a $1,595 up-front fee for bogus promises of assistance in avoiding home foreclosure


Bankster Bellyaching Continues Over Adverse Florida Ruling Requiring Valid Affidavits To Proceed With Foreclosure

Posted on October 19, 2011
In West Palm Beach, Florida, The Palm Beach Post reports:An appeals court ruling in favor of Wellington homeowners in foreclosure is causing "calamitous confusion," according to bank attorneys who say it could snarl hundreds of thousands of pending foreclosure cases...


Sunday School Teacher/Church Band Singer Leaves Banksters Terrified After Squeezing BofA For $8.5B; Once Told Them To 'Take Their Money & Shove It!'

Posted on October 18, 2011
Forbes reports:The biggest private legal settlement in the history of Wall Street was a few sentences away from death. In early June a ­little-known Texas lawyer named Kathy Patrick was putting the final touches on her carefully crafted $8.5 billion deal with Bank of America over so-called mortgage put-backs, when she got a last-minute demand from the other side...


Suit: 'Successful' Loan Modifcations No Guarantee Against Subsequent Mortgage Servicer Abuse; Homeowners Target BofA In Action Seeking Class Status

Posted on October 18, 2011
The Boston Globe reports:Property owners in Massachusetts and across the United States say they are being threatened with foreclosure and assessed unfair fees by lenders even after signing agreements with those companies to make lower mortgage payments and stay in their homes...


Whistleblower Suit Alleging That Lenders Clipped VA Borrowers w/ Illegal Attorney Fees Disguised As Title Costs At Center Of Another Bankster Scandal

Posted on October 18, 2011
The Washington Post reports:The chairman of the House Veterans? Affairs Committee ordered his staff to begin an investigation Friday into allegations that some of the nation?s largest lending institutions have cheated veterans and taxpayers out of hundreds of millions of dollars by charging illegal fees in home refinancing loans...


Pleas Entered In Mobile Foreclosure Sale Bid-Rigging Racket; Sentencing Delayed As Pair Agree To 'Sing' In Continuing Probe

Posted on October 17, 2011
In Mobile, Alabama, the Press Register reports:Two real estate investors pleaded guilty [...] to federal bid-rigging charges accusing them of manipulating auctions of foreclosed properties.According to their plea agreements, Harold H. Buchman and the company he co-owned, M&B Builders, conspired with Allen K...


Previous | Next
Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Bulletins

Related Law Articles

is===1
Related Law Questions

Related Searches
















US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!










is===1


1.6278 secs