Tag Archive: wells fargo

Jul 20

Some Foreclosure Victims Pay with Their Lives

reposted from Mandelman Matters Another Victim of the Foreclosure Crisis A man was injured on his job… then he was laid off… then his benefits ran out. He never was a day late on his mortgage payment to GMAC. Maybe that was the problem.  Maybe it was something else. The house was worth $250,000.  He …

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Jun 24

Lawsuit vs. Lenders

If banks cannot come to an agreement with at least two Attorneys General (Illinois and North Carolina) regarding their role in the foreclosure crisis, a lawsuit will be forthcoming. A multi-billion dollar fine and a principal reduction or writedown plan for current homeowners has been discussed by the federal government, including the U.S. Justice Department, …

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