Dallas-area man gets prison in foreclosure rescue scheme
A Dallas-area man must serve more than three years in federal prison for his role in what prosecutors call a foreclosure rescue scheme.
A Dallas-area man must serve more than three years in federal prison for his role in what prosecutors call a foreclosure rescue scheme.
On March 20, Florida Governor Rick Scott signed Senate Bill 220 into law. The bill is designed to limit the ability of defendants in foreclosure proceedings to keep contesting the foreclosure after agreeing, in bankruptcy, to surrender the property to their lenders. Foreclosure News
Foreclosure / Attorneys' Fees: where borrower prevailed on argument that dismissal of foreclosure action was required as bank was not entitled to enforce a mortgage contract containing a fee provision, but bank was successful in enforcing deed agreement against borrower, borrower was not a “prevailing party” and was precluded from recovering fees based on provision…
Rumors continue to swirl, this time about Orange County's Americash. Yes, the drop in refi volume is showing, and even if you made it through the bad first quarter, it's not a cake walk out there. Foreclosure News
Bank of America allows foreclosed houses in black and Hispanic neighborhoods to fall into disrepair even as it studiously maintains bank-owned homes in white areas, housing activists allege. The nonprofit National Fair Housing Alliance on Tuesday filed suit accusing one of the nation's largest financial institutions of “systematic” discrimination. Foreclosure News
Case in point, a recent report from Zillow, the real estate website, shows the share of homeowners across the country who are underwater on their mortgage is 9.1%, falling below 10% for the first time since the housing market collapsed more than a decade ago. Good news, since the average U.S. home lost more than…
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