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Mortgage Foreclosure

Plan to Save Underwater Homes– Eminent Domain

In the last 7 days a considerable amount of chatter has been moving across the blogosphere about a policy proposal being floated in San Bernadino County, California to prevent the foreclosure of thousands of underwater homes in the county. In conjunction with private lender, San Bernardino county is...

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AG’s Deal with Mortgage Servicers Not Great for Consumers

For the last 16 months the major mortgage servicers and the Attorney Generals for all 50 states have been in some form of negotiations regaring a settlemnt of of the mortgage servicer filing false documents with courts arround the country.  Last night an announcement was made that a deal had been re...

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False Document Class Action Filed Against Chase Bank

A story first reported on lawyers.com details a just filled class action against JP Morgan Chase for allegedly filing false documents with Bankruptcy Courts arro...

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Why Aren’t Bankers Going to Jail?

Almost 4 years have passed and the bankers and managers who set the stage for economic collapse have yet to be prosecuted by the states or the Feds. As featured in a Reuters Story on last week,  the burden is being lifted by lawyers and judges in bankruptcy and foreclosure courts around the nation....

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