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Loan Modification

: Loan Modification & Home Loan News

In foreclosure controversy, problems run deeper than flawed paperwork

By Moe Bedard

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Millions of U.S. mortgages have been shuttled around the global financial system – sold and resold by firms – without the documents that traditionally prove who legally owns the loans. Now, as many of these loans have fallen into default and banks have sought to seize homes, judges around the country have increasingly ruled that [...]

Full post as published by Loan Modification & Home Loan News on October 07, 2010 (boomark / email).

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In foreclosure controversy, problems run deeper than flawed paperwork

Putting the Foreclosure Paperwork Scandal in Perspective

Courts - "Flawed Paperwork Aggravates a Foreclosure Crisis"

Foreclosure Volume May "Encourage" Sloppiness, Boilerplate Paperwork Or A lack Of Thoroughness;" Makes Process "Fraught With Potential For Fraud"

Al Franken: Foreclosure Paperwork Scandal Shows Need To Strengthen HAMP

Foreclosure Relief Could Help Economy and End Chaos Faced By Borrowers

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