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William Suser v. Wachovia Mortgage In this appeal, we consider whether the trial judge correctly granted summary judgment in this convoluted quiet-title action, which sought, in part, to remove a mortgage because of alleged inadequacies in its assignment. Many of the relevant facts are undisputed. Plaintiff William Suser obtained and recorded, on July 29, 2006, a mortgage on a West New York condominium unit securing his $150,000 loan to the prior owner…
Late Breaking Foreclosure Information At “Foreclosure Crime Scene News” >>>>
Regions Discloses HUD Subpoena Related to Mortgages Regions Financial Corp. (RF), Alabama’s biggest bank, received a subpoena from the U.S. Department of Housing and Urban Development tied to the origination of mortgages backed by the Federal Housing Administration…. Even with surge in foreclosures post-Sandy, real estate prices in Queens, Brooklyn rise One year after Hurricane Sandy, New York area homeowners are drowning under a wave of foreclosure notices. In a sign that Sandy victims can’t keep up with their mortgage payments or are choosing to abandon their battered homes….
Uncle Sam Is A Reluctant Landlord Of Foreclosed Homes For sale or rent by distressed owner: 248,000 homes. That’s how many residential properties the U.S. government now has in its possession…
Feds: Mortgage fraud led $8 million in losses Ten Chicago-area suspects have been indicted in an alleged scheme to fraudulently secure around 50 residential mortgage loans worth more than $14 million….
Fannie, Freddie leave collectible foreclosures
Focht v. Wells: The Long Term Consequences of Foreclosure Fatigue Our government has lost control of the financial system. The banks rigged the game and bought off all the players.
Fannie Mae and Freddie Mac, the two mortgage finance giants whose financial woes required massive taxpayer bailouts in recent years….
Abandoned Homes Continue to Plague Chicago Despite recent efforts by the state and Cook County to improve the foreclosure process, Illinois and the city of Chicago are still plagued by abandoned residential buildings, not a hopeful sign for some neighborhoods as vacant structures attract transients and/or criminal elements, which, in turn, bring down local home values….
After buying a property though foreclosure auction, how soon can I enter the property?>>>> Fighting a Foreclosure>>>> Should I still pay my rent to the landlord if the house is in foreclosure?>>>> Is there a cap on what banks & foreclosure attorneys can charge in Nevada? Should I hire an attorney or not?>>>>
More Foreclosure News:
Former Executive Of Tarp Applicant Bank Sentenced To 17 Years In Federal Prison For Massive Fraud>>>> 2013 Forbes 400: The rich have now regained all their lost riches>>>> Keep Your Home California Servicer Scorecard>>>> For those with financial hardship, money to help pay the mortgage is there for the asking>>>>