Tag Archive: hardest hit fund

May 04

When Foreclosure Defense Attorneys Care Too Much

We have written a lot lately about lawyers that are motivated by taking people’s money and do not deliver the results homeowners need. Ironically the announcement of the disbarrment of California attorney Michael Pines is a cautionary warning about lawyers of a different stripe: The kind whose compassion for homeowner injustice compels them to go …

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Apr 18

Another “Foreclosure Prevention Bill;” Does It Have What It Takes?

“This foreclosure crisis affects all of us – homeowners, families, neighbors, and state and local governments. It is clear that the current system isn’t working and unfortunately federal regulators have filed to bring meaningful reform to the mortgaging servicing….Ending the foreclosure mill requires stronger oversight, streamlined modification procedures, and meaningful penalties when servicers break the …

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Mar 07

HAMPs Last Days?

Already facing possible defunding in Congress in the coming weeks, the government’s foreclosure assistance programs seem to have abandoned all pretense. Indeed, our loyal bloggers and foreclosure researchers keep a close eye on changes in the foreclosure industry, particularly when it pertains to programs that could help our clients. And yet the Treasury department announced …

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Dec 13

Foreclosures Resume Despite Mounting Outcry

Bank of America, soon to be followed by the rest of America’s major lenders, have found nothing wrong with their foreclosure processes and have now received an okay from Fannie & Freddie to resume. And yet on October 15th, Maria & Jose Perez of Seguin, Texas, filed for a restraining order against Bank of America …

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Nov 03

Politicians Still Looking for Foreclosure Solutions

Politicians Still Looking for Foreclosure Solutions So far foreclosure hearings are still being canceled in large amounts in Florida as elsewhere, as banks are forced to review thousands of foreclosures for bad paperwork. This has resulted in select cases being thrown out, but mostly has cast many struggling borrowers deeper into limbo as it becomes …

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