A Maryland man convicted for his role in a foreclosure fraud scheme in Connecticut has been suspended from practicing law in the state for six years. The Day reports a judge ordered the suspension on 51-year-old Bradford Barneys' license Sept.
Essex County is severing its relationship with Wells Fargo and pulling $ 3.8 million from its accounts, citing the bank's “malicious and insensitive” treatment of people and “aggressive” foreclosure practices. “The predatory lending schemes and aggressive foreclosure proceedings practiced by Wells Fargo destabilizes neighborhoods and has a negative impact on families and the community,” County…
Arkansas’ plan to execute seven inmates in less than two weeks has drawn the ire of two pharmaceutical companies who are trying to stop the state from using their drugs as part of the lethal injection procedure. ABA Journal Daily News
The not-so-good news: there's still a ways to go before the housing market is back to normal. And here's some silver-lining news: the once-in-a-generation housing crisis the U.S. has just endured may offer some lessons for dealing with future outbreaks of homeowner distress. Foreclosure News
The CFPB and a host of 30+ state regulators slapped Ocwen with a bevy of potentially crippling cease and desist orders. Mortgage servicing is supposed to be one of the most boring topics in the financial universe. Foreclosure News
That's according to a study published earlier this week in the journal Demography. The study from researchers at New York University and Cornell University found that between 2005 and 2011 a 1% increase in college attendance among 19-year-olds from median-income households correlated with 19,000 additional foreclosures the following year. Foreclosure News
Big Banker reported March 5, 2018: “Sonora Shores luxury housing project on Fassler and Roberts Road has a 04-03-2018 foreclosure date. A Notice Of Sale has been recorded on the property.” Foreclosure News
