WEEKEND EDITION, JUNE 17 JUNE 21, 2013

MONDAY, JUNE 17, 2013

ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Darrell Issa joins Democrats push on foreclosure review Democrats and consumer advocates pushing federal banking regulators to release more details about an abandoned review of past foreclosure abuses have a new ally: Darrell Issa. Congressional Democrats, led by Massachusetts Sen. Elizabeth Warren and Maryland Rep. Elijah Cummings , have raised questions about why the reviews were scrapped in January in favor of a $9.3 billion settlement the Federal Reserve and the Office of the Comptroller of the Currency struck with 13 mortgage servicers, many of them large U.S. banks.

As Many As One Quarter of Foreclosure Cases Pending Are Based on Unenforceable Documents! This crime spree is locked right into documents filed, in tens or hundreds thousands of foreclosure cases sitting courtrooms all across this statebetween Complaint and the Final Judgment you will. the of in the

Big insurer seeks no Florida rate cut, consumer groups want outrageous forced insurance rates cut in half Consumer groups are pushing for rate cuts up to 50 percent for the biggest force-placed insurer in Florida, arguing rates scrutinized at a Monday hearing punish struggling homeowners and are inflated by massive kickbacks to mortgage.

Idaho SC sides with mortgage registry in wrongful foreclosure case In Edwards v. MERS et al., plaintiff Leslie Jensen-Edwards sued to stop nonjudicial foreclosure proceedings based on the contention that MERS, which was the named beneficiary as nominee for the lender, cannot legally act as

Demand for Counseling Funds Continues to Exceed Supply Just one month after the seventh round of funds was appropriated by Congress, the National Foreclosure Mitigation Counseling program is making $70.1 million available to various agencies across the country.

Agencies Provide Additional Instructions for Submission of Some Resolution Plans The Federal Reserve Board (Board) and the Federal Deposit Insurance Corporation (FDIC) announced the release of additional guidance, clarification and direction for the first group of.

March foreclosures up 7.1% from year ago Foreclosure activity in Hampton Roads increased 7.1 percent in March compared with the same month in 2012... Lenders issued 846 foreclosurerelated notices.

Will large national mortgage servicers get a free pass on Oregons foreclosure mediation law? Banking industry articles about mortgage industry transactions make for pretty boring reads. But scratch below the surface even just a little and some striking evidence of an impending paradigm shift in how home loans are serviced quickly emerges. The nature of the changes currently taking place point the way to how large national loan servicers could exploit an exemption in the foreclosure mediation.

Homeowner/Foreclosure Legal Q&A

I received a summons from the state of Wis. My landlord is in foreclosure with a bank? >>>> With an HOA foreclosure in Florida, will only the 1st mortgage (primary) survive? >>>> Bank tried to set aside foreclosure. They lost and now I can not recover attorney fees? Appeal? >>>> Who is the owner of the house if it was already foreclosed but the deed of sale is not yet scheduled >>>> What is the meaning of a withdrawal of affidavit as to amounts due and owing in a foreclosure case by the bank (plaintiff)?>>>> The beginning of October 2012 my Daughter was served with Papers from GMAC that her House was going in Foreclosure!!>>>> Lender filed Lis Pendens. Can you do a Deed removing your name from title if you did not sign the Note or Mortgage?>>>>

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WEEKEND EDITION, JUNE 17 JUNE 21, 2013

TUESDAY, JUNE 18, 2013

ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Petition to Audit the Land Record Land records across the country have been polluted, diluted, laundered and rendered useless by MERS (the Mortgage Electronic Registration System), and Landtegrity.com has posted a petition demanding answers from the White House. One of the paragraphs from the petition reads: Our Counties are being robbed of billions of dollars in recordation fees through unrecorded MERS assignments and we the people demand that they be paid. These are fees that pay for our policemen, our firemen and our roads and schools and you let the banks plunder it through slight of hand.

A.G. Schneiderman Commends Assembly For Passing Foreclosure Relief Bills The Foreclosure Fraud Prevention Act (A.7395) is a program bill proposed by Attorney General Schneiderman that would impose criminal penalties on residential mortgage lenders, servicers and their agents who intentionally.

Wells Fargo foreclosing overpaying mortgage

on

home

for

Yet another homeowner has gotten the dreaded, nasty foreclosure filing papers on his Orlando door, according to WFTV because he overpaid. Having never missed any payments, the man is likely in disbelief as he says he was offered a.

How to Fix the Great Real Estate After-Bubble There's an additional reason the Wall Street property grab will injure struggling homeowners: Single family homes make a truly lousy absentee investment. Many of us who have become accidental landlords

U.S. Homeownership Rate Falls to Lowest Since 1995 The U.S. homeownership rate fell to the lowest in almost 18 years, reflecting rising demand for rentals and investor purchases in the housing market. The share of Americans who.

Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public Foreclosure Auctions According to court documents, Rezaian conspired with others not to bid against one another but instead to designate a winning bidder to obtain selected properties at public real estate foreclosure auctions in San Francisco.

Foreclosure review debacle lines consultants' pockets A belated attempt by bank regulators to get compensation for homeowners who were foreclosed on by mistake turned into a debacle by the time it was shut down in February and is now becoming a scandal as more details emerge.

Too many defaults on modified mortgages Considering the hoops that too many borrowers have to go through to obtain mortgage modifications, the news from the Treasury Department wasn't encouraging. In an April 24 report to Congress, the Office of the Special Inspector General for the Troubled Asset Relief Program, or TARP, reported that homeowners whose mortgages had been modified under the federal Home Affordable Mortgage Program were defaulting "at an alarming rate."

Homeowner/Foreclosure Legal Q&A

I received a summons from the state of Wis. My landlord is in foreclosure with a bank? >>>> With an HOA foreclosure in Florida, will only the 1st mortgage (primary) survive? >>>> Bank tried to set aside foreclosure. They lost and now I can not recover attorney fees? Appeal? >>>> Who is the owner of the house if it was already foreclosed but the deed of sale is not yet scheduled >>>> What is the meaning of a withdrawal of affidavit as to amounts due and owing in a foreclosure case by the bank (plaintiff)?>>>> The beginning of October 2012 my Daughter was served with Papers from GMAC that her House was going in Foreclosure!!>>>> Lender filed Lis Pendens. Can you do a Deed removing your name from title if you did not sign the Note or Mortgage?>>>>

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WEEKEND EDITION, JUNE 17 JUNE 21, 2013

WEDNESDAY, JUNE 19, 2013

ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Bank of America Lied to Homeowners and Rewarded Foreclosures, Former Employees Say Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according to sworn statements by former bank employees. The employee statements were filed late last week in federal court in Boston as part of a multi-state class action suit brought on behalf of homeowners who sought to avoid foreclosure.

Womans foreclosure constitutional rights

fight

is

all

about

New program to help prevent foreclosure The Michigan State Housing Development Authority (MSHDA) Step Forward Michigan Faith Partnership campaign is designed to engage clergy, congregants and leaders of all religions in the fight against home foreclosure.

An Aurora woman is fighting to keep her home, without the help of any lawyers. Lisa Brumfiel says her fight is one of biblical proportions. I completely see the analogy between this story and David and Goliath.

Report: Banks that Used the Small Business Lending Fund To Exit TARP On September 27, 2010, Congress created the Small Business Lending Fund (SBLF) as part of the Small Business Jobs Act of 2010, which permitted Treasury to invest up to $30 billion in eligible small banks to increase the.

Kennedy and Ryan Foreclosure Laws

Want

to

Change

Leaders now want to change current legislation that would force banks to provide property and maintenance during any type of foreclosure tieup.

Summary Judgment In Foreclosure, Not Just For Banks Anymore! The most powerful evidence that Floridas Courts truly are recognizing the interests of consumer justice and respecting the larger fight for justice as a whole can be found in the fairly recent phenomena of court granting Final Summary Judgments..FOR DEFENDANTS!

OHFA Receives $1.07 Million Grant to Continue Supporting Foreclosure Counseling Across Ohio The Ohio Housing Finance Agency (OHFA) has been awarded $1,074,039 through the National Foreclosure Mitigation Counseling (NFMC) program to continue supporting the availability of foreclosure counseling and prevention services across the state..

Foreclosure Settlement Checks Bounce The biggest abuse came in the form of improper foreclosures, in which banks' law firms fabricated and robosigned documents. Then the regulators "got tough," if by "got tough" you mean, "Let the banks choose the consultants who would review paperwork to identify abuses, then let the consultants dawdle and delay."

Homeowner/Foreclosure Legal Q&A

I received a summons from the state of Wis. My landlord is in foreclosure with a bank? >>>> With an HOA foreclosure in Florida, will only the 1st mortgage (primary) survive? >>>> Bank tried to set aside foreclosure. They lost and now I can not recover attorney fees? Appeal? >>>> Who is the owner of the house if it was already foreclosed but the deed of sale is not yet scheduled >>>> What is the meaning of a withdrawal of affidavit as to amounts due and owing in a foreclosure case by the bank (plaintiff)?>>>> The beginning of October 2012 my Daughter was served with Papers from GMAC that her House was going in Foreclosure!!>>>> Lender filed Lis Pendens. Can you do a Deed removing your name from title if you did not sign the Note or Mortgage?>>>>

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WEEKEND EDITION, JUNE 17 JUNE 21, 2013

THURSDAY, JUNE 20, 2013

ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Constitutionality question in Colorado foreclosures remains open A flurry of documents filed in the federal lawsuit Lisa Kay Brumfiel brought against the bank and some of the state's top foreclosure lawyers indicate that a giant question mark remains: whether Colorado foreclosure law violates the 14th Amendment right to due process and whether a federal judge can still take on the issue even if it doesn't affect Brumfiel anymore.

Foreclosure Crisis Cost U.S. $192.6 Billion In Lost Wealth Last Year, Study Finds Americans lost $192.6 billion in wealth, or an average of $1,700 per household, last year due to foreclosures.. The report also found that the U.S. could lose $221 billion if officials don't come to the aid of millions of borrowers who owe more on their homes than they're actually worth.

NeighborWorks America Ranks 3rd Among Nonprofit Builders of Affordable Homes in Latest Builder Magazine List NeighborWorks America, representing the NeighborWorks network, was ranked No. 3 among builders specializing in affordable for-sale homes. NeighborWorks organizations build homes in suburban, rural and urban markets.

Special Report: Cheap money bankrolls Wall Street's bet on housing Michael Marchillo, a plumber, has been trying and failing for months to buy a bigger home for his family here in Sin City. He was pre-qualified by a bank for a $130,000 mortgage.

Study: Housing affordability erodes The cost of housing dropped in the Sacramento region from 2008 to 2011, but families struggling with housing costs didn't see much benefit, according to a study released this week by the Center for Housing Policy.

Three More States Adopt New Mortgage Loan Officer Test Three additional state agencies announced this week that they will join a new nationwide mortgage loan officer test with a uniform state component, bringing the total number of agencies to 30.

Report: Foreclosure crisis continues to ravage Newark economy The report is put together by New Jersey Communities United, a grassroots non-profit group that advocates for low-income residents. It claims that New Jersey has the second highest rate of foreclosure in the country.

DOJ nabs 30th guilty plea in foreclosure bid-rigging probe A real estate investor has become the 30th person to agree to plead guilty as part of a government investigation into a conspiracy to rig auctions of foreclosed property in Northern California, the U.S. Department of Justice said. In court documents, the department said Mohammed Rezaian of Novato, California, was part of a conspiracy to fraudulently obtain titles to properties sold in San Francisco and San Mateo counties.

Homeowner/Foreclosure Legal Q&A

I received a summons from the state of Wis. My landlord is in foreclosure with a bank? >>>> With an HOA foreclosure in Florida, will only the 1st mortgage (primary) survive? >>>> Bank tried to set aside foreclosure. They lost and now I can not recover attorney fees? Appeal? >>>> Who is the owner of the house if it was already foreclosed but the deed of sale is not yet scheduled >>>> What is the meaning of a withdrawal of affidavit as to amounts due and owing in a foreclosure case by the bank (plaintiff)?>>>> The beginning of October 2012 my Daughter was served with Papers from GMAC that her House was going in Foreclosure!!>>>> Lender filed Lis Pendens. Can you do a Deed removing your name from title if you did not sign the Note or Mortgage?>>>>

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WEEKEND EDITION, JUNE 17 JUNE 21, 2013

FRIDAY, JUNE 21, 2013

ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Consumer complaints persist despite National Mortgage Settlement Patricia Gelineau lost her foreclosure battle in late April when a final judgment set a June 4 sale date for her Stuart home. Two weeks later, she got the long-awaited letter approving her for a loan modification with a July 1 start date. I was mostly confused and thinking, How can they foreclose when Ive been working on a loan modification and doing everything they were telling me to do? Gelineau said. Its called dual-tracking proceeding with a foreclosure while negotiating a loan modification.

Foreclosure Fraud Failures Come To A Head In Justice Department Protest Frustration with the failed execution of various weakly-constructed legal settlements stemming from widespread foreclosure fraud bubbled over today into a protest at Justice Department headquarters that culminated in homeowners being arrested.

Fight Over Obamas Fannie Mae Pick Watt Risks Housing Deal As a North Carolina congressman, Mel Watt has tried to arm struggling homeowners with a legal sledgehammer against lenders and expand the ranks of people eligible to cut their mortgage principal.

Grants Offered For Veterans Going Into Foreclosure Michigan military service members and veterans struggling to keep their homes because of the mortgage foreclosure crisis could be eligible for financial assistance from the state. Attorney General Bill Schuette and the Director of the.

The Infinity Pool of Executive Pay For the 100 highest-paid C.E.O.s among American companies with revenue of more than $5 billion, the typical 2012 perks package was worth $320,635, up 18.7 percent from 2011, according to an analysis by Equilar for The Times.

Housing markets characterized 'egotistical' prices, gun-shy buyers

by

Attorney General Kamala D. Harris Announces $9.4 Million in California Homeowner Assistance Grants Attorney General Kamala D. Harris announced Californias National Mortgage Settlement Grant Program has awarded $9.4 million to 21.

Consumers traumatized by the housing crisis are treading with caution as they wade into a market that, to many observers, is still brimming with once-in-a-lifetime deals.

Chris Hayes: ALL IN Keeps the Mortgage Scandal in the Public Eye There are only two suggestions I would make to Chris and those who are seeking to provide creative remedies like the Boston Group he interviewed: 1. Do not assume that Wells Fargo owned the loan of the man who died in the courtroom. The odds are, especially since it was a high risk pick-a-payment loan, it was securitized or more correctly stated subject to false claims of securitization, wherein Wells Fargo never had the risk of loss on the loan

Homeowner/Foreclosure Legal Q&A

I received a summons from the state of Wis. My landlord is in foreclosure with a bank? >>>> With an HOA foreclosure in Florida, will only the 1st mortgage (primary) survive? >>>> Bank tried to set aside foreclosure. They lost and now I cannot recover attorney fees? Appeal? >>>> Who is the owner of the house if it was already foreclosed but the deed of sale is not yet scheduled >>>> What is the meaning of a withdrawal of affidavit as to amounts due and owing in a foreclosure case by the bank (plaintiff)?>>>> The beginning of October 2012 my Daughter was served with Papers from GMAC that her House was going in Foreclosure!!>>>> Lender filed Lis Pendens. Can you do a Deed removing your name from title if you did not sign the Note or Mortgage?>>>>

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