Loan Modification

Failure To Assign Note Along With Mortgage Sinks Foreclosing Lender, Says NJ Judge; Real Estate Investor Still Owner Of Home With $1.4M Mortgage
In Atlantic City, New Jersey, NewJerseyNewsroom.com reports:With mortgage loans increasingly chopped up and repackaged into other investments, lenders must be able to demonstrate they still hold the underlying note before they can foreclose on a property, a Superior Court judge has ruled...

Colorado Homeowner Demands Note, Alleges Fraud In Suit Seeking To Block Foreclosure
In Platt Park, Colorado, The Denver Daily News reports:Platt Park resident Vicki Dillard is demanding that the bank that controls her mortgage ?show me the note? if it wants to foreclose on her home...

NY Appellate Court Tells Trial Judge: Cancelling Mortgage, Note Because Of Lender's "Repugnant, Shocking & Repulsive" Conduct Goes A Bit Too Far
The New York Law Journal reports:A judge who blasted a lender's "repugnant, shocking and repulsive" conduct in trying to foreclose on a Long Island home exceeded his authority when he canceled the mortgage on the property, a state appeals court has ruled...

Bank Fails Again To Convince NY Bkrptcy Judge It Has Standing To F'close On Bronx Borrower; Invited To Try Again; Admits It Doesn't Know Who Owns Note
In New York City, AOL's Daily Finance reports:U.S. Bankruptcy Court Judge Martin Glenn denied Wells Fargo's request for permission to foreclose on Tandala Mims's house in the Bronx for a second time on Thursday because he still wasn't satisfied that Wells -- as opposed to some other bank -- had the right to do so...

Getting The Mortgage Caught Up To Stop Foreclosure Make Sure The Auction Is Cancelled
"So you got behind on your mortgage payments and the bank threatens to foreclose. If you get the payments caught up the bank won't auction off your house, right? They aren't supposed to, but sometimes the bank slips up, and you could be the one that gets hurt...

More On Mortgage Loan Servicers & Their Screw-Ups
Mike Konczal writes in the blog, Rortybomb, on how mortgage loan servicing companies fit into the robosigner foreclosure mess. An excerpt:[T]he first rule of mortgage lending is that you don?t foreclose...

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Discouraging Union Organizers
Strict work place rules

Home Mortgages
What to look for

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

National City Mortgage
$4.6 million payout resolves mortgage suit.

VA Sets New Benefit Rules for Agent Orange-Related Ilnesses
Agent Orange-Related Ilnesses VA Sets New Benefit Rules

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring

Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act

Bank Transaction
City Bank president Mike Liner agrees to pay $25,000 fine for assisting in a cash deposit.