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Loan Modification

: Loan Modification & Home Loan News

One Man?s Foreclosure is Another Man?s Profit

By Moe Bedard

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NAPLES ? It was a motley crew that arrived at the Fort Myers courthouse, and it had one thing on its mind ? profit. Men and women wedged themselves into a windowless second-floor room and spilled into the neighboring jury room. They mingled in baseball caps, in T-shirts and in ties, and their voices blended into [...]

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

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Lawsuits and Settlements

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

Rent Controlled Apartments
Landlord to pay $10 million settlement after forcing out low income tenants and then selling the buildings for a profit.

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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