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Friday - August 16, 2013 - ForeclosureGate Gazette

Friday - August 16, 2013 - ForeclosureGate Gazette

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Friday - August 16, 2013 - ForeclosureGate Gazette
Friday - August 16, 2013 - ForeclosureGate Gazette

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Published by: ForeclosureGate Gazette on Aug 16, 2013
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The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Foreclosure; Why Homeowners Are Losing the Battle Ignoring the foreclosure papers may be someone's first instict, particularly since the foreclsoure process can introduce feelings of fear, anxiety, and uncertainty. However, ignoring the foreclosure lawsuit can be the single most reason why homeowners lose their foreclosure battle. A delay in responding to the bank's foreclsoure papers can cause a homeowner to relinquish critical protections that may be available….

Cashed Foreclosure Settlement Checks at 2.9M lose to 2.9 million borrowers who received a payout under the foreclosure review settlement have cashed or deposited their check, the Office of the Comptroller (OCC) announced Friday. The cashed payments represent a value of $2.5 billion.…

Bank of America Whistleblowers Allege Rot at the Core of the Mortgage Industrial Complex Revealing behavior reminiscent of the officious conduct of government clerks in Terry Gilliam's Brazil, in litigation against Bank of America, former employees have filed sworn statements that allege the bank routinely gave borrowers the administrative run-around….

The Florida Fair Foreclosure Act (House Bill 87) On Friday, June 7, 2013, Governor Rick Scott signed The Florida Fair Foreclosure Act, which made many substantive changes to how foreclosures must be conducted in the state. The primary focus of the Act is….

Realtors Go Knock, Knock, Knocking on Homeowner’s Doors This trend is proving to be especially popular among realtors in Portland and has met with some success, reports the Oregonian. In one example, real estate agent Peggy Hoag of Prudential Northwest Properties relates how she headed….

Make Sure the Bank Takes Your Foreclosed Home What happens to a house when the beleaguered owner moves out, and the lender never finishes the foreclosure paperwork? It becomes a zombie house. A zombie house can be plagued by other problems as well, such as:

Architect of Elaborate Straw Buyer Scheme Sentenced From 2004 to 2009, Canino and FCE engaged in a massive mortgage fraud scheme. As part of the scheme, Canino and his co-conspirators arranged home sales between “straw buyers” – persons who posed as home buyers….

Michigan lawmakers move to protect homes Architects of the foreclosure changes dropped an initial controversial plan to shorten the redemption period to 60 days during which Michiganians with troubled loans could make 11th-hour efforts to save their homes. The redemption period would remain at six months under current proposals to renew state rules that expire at the end of the month, but that doesn’t assuage the strongest critics….

Homeowner/Foreclosure Legal Q&A
Is there anything I can do to speed up credit repair after a foreclosure? >>>> How can I use a demurrer to argue lack of "duly perfected title" in UD, (post foreclosure defense) >>>> If I purchase a foreclosure property and their are surplus funds after the sale, how are funds distributed? >>>> What happens to liens after a house goes into foreclosure?>>>>

Independent Foreclosure Review (IFR) Crime Scene - 2nd Look
Bank of America accused of racketeering in lawsuit >>>> The Evil Lies of Crazy Bankers: 6 Former Employees Expose Inhuman Greed of BofA >>>> BofA Should Face Foreclose Probe by TARP, Waters Says>>>> Bank of America whistle-blower’s bombshell: “We were told to lie” >>>>

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