Hat tip to JimG for sending this along, from the AP: JPMorgan Chase's CEO says the bank has stopped using the electronic mortgage tracking system used by major financial institutions. Lawyers have argued in court proceedings that the system is unable to accurately...
Hat tip to jp for sending this along, excerpts from Housingwatch’s article: The Earls, who admit to having fallen behind on their mortgage at one point due to a loss of income in Danielle’s business, say that they were working with the bank to catch up on their payments. However, she says, whenever they made […]
Hat tip to SS for sending along this article that reviews the MERS debacle: http://www.opednews.com/articles/1/FORECLOSUREGATE-by-Ellen-Brown-101009-711.html Here is the second half of the article: The clever designers of these vehicles tried to have it both ways by...
By now you may have heard that Bank of America has suspended foreclosure sales in all 50 states. The start date is October 9th, so more facts may be forthcoming, but so far this is all we know: “Bank of America has extended our review of foreclosure documents to all...
