Mortgage Foreclosure Resolution

The Wall Street Journal reports that Bank of America will be restarting over 16,000 foreclosure cases across the United States. However, it could take many weeks before it is known whether or not the new documents the bank has submitted will be approved by local judges. This announcement does not … [Read more...] about Bank of America Announces it is Restarting 16,000 Foreclosures

CNN.com recently reported that several big mortgage companies and banks have stated they won’t evict borrowers who have defaulted on their payments during the weeks that surround Christmas, essentially initiating a freeze on foreclosures during the holiday season. Both Freddie Mac and Fannie Mae … [Read more...] about Several Mortgage Companies Announce Holiday Foreclosure Freeze

A recent article on CNN.com discussed guidelines that many states in the U.S. issued shortly before this past election, regarding the complex subject of voting while someone’s home is in the foreclosure process. Normally, people register to vote in whatever county they reside, but residency can be … [Read more...] about Foreclosure Can Affect Your Life in Many Ways

According to a recent article in USA Today, the foreclosure rate across the country has dropped roughly 6 percent, as state and federal investigations are conducted on foreclosure cases in 23 states that require court approval. There has also been heavy coverage by the media regarding foreclosure … [Read more...] about Across the U.S., Foreclosures Stop Amid Investigations

Defendants of a foreclosure action has become an unfortunate reality for thousands of Americans across the country. Under expected conditions, the New Jersey foreclosure process is challenging to deal with. However, at the heels of investigations into the unethical business practices of lenders, … [Read more...] about Fraudulently Processing Paperwork at the Center of Home Foreclosure Probes in Florida

After luring potential and current homeowners in with the promise of low payments, many mortgage companies have now jumped quickly at the chance to foreclose on homes in which payments have faltered. According to a Reuters.com article, Connecticut's attorney general has recently asked state courts … [Read more...] about Foreclosure Documentation at the Center of Lender Unfair Business Practice Investigation