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Loan Modification

: Mortgage Lender Implode-o-Meter

U.S. Probes Foreclosure-Data Provider

By Implode-Explode Heavy Industries

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"The case follows on the dismissal of numerous foreclosure cases in which judges across the U.S. have found that the materials banks had submitted to support their claims were wrong. Faulty bank paperwork has been an issue in foreclosure proceedings since the housing crisis took hold a few years ago. It is often difficult to pin down who the real owner of a mortgage is, thanks to the complexity of the mortgage market."

Full post as published by Mortgage Lender Implode-o-Meter on April 04, 2010 (boomark / email).

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