wednesday - june 26, 2013 - foreclosuregate gazette

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  • 7/28/2019 Wednesday - June 26, 2013 - ForeclosureGate Gazette

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    WEDNESDAY, JUNE 26, 2013

    ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS

    The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related NewsAnd Information Intended To Educate And Advance Justice For American Homeowners

    Mortgage investors raise alarm as eminent domain spreads

    A number of securitization trade groups sounded the alarm when Mortgage Resolution Partners entered intocontracts with two additional municipalities to form the use of eminent domain programs. Richmond, Calif. andNorth Las Vegas, NV. are now said to be seriously considering eminent domain as a potentail solution to current

    housing woes. The plan spooked investors in the past, namely when Mortgage Resolutions Partners tried, but failed,to get a similar plan accepted in San Bernardino County.

    Completed foreclosures hold steady in April:CoreLogic

    The number of foreclosed homes held steady inApril, while there were fewer properties sitting inthe pipeline, fresh signs the housing recovery ison track, data from CoreLogic showed. Therewere 52,000 foreclosures completed lastmonth...

    N.Y. attorney general lays out complaintsagainst Wells Fargo, Bank of America

    New Yorks top prosecutor said his office received339 complaints that the two banks were notcomplying with the timeline requirements of theagreement. Homeowners said the banks tookmore than 30 days to respond to their requests.

    Proposed clarifications of the Ability toRepay/QM and Mortgage Servicing Rules

    The CFPB is carrying out a regulatoryimplementation initiative for our new mortgagerules to ensure that they are implementedaccurately and effectively. Last week we issuedproposed clarifications to the 2013 Escrows FinalRule.

    SIGTARP: Quarterly Report To Congress, Apri l24, 2013

    SIGTARP is a criminal law enforcement agencyand the watchdog over the Troubled Asset ReliefProgram (TARP). Our mission is to advanceeconomic stability through transparency,coordinated oversight, and robust enforcement..

    3 reasons the housing recovery may not last

    The housing market has made a big comebackover the past year; home prices have surgedsome 8% and homebuyers can't seem to buy upproperties fast enough. But just as quickly as themarket is gaining ground, some industry expertsworry it will come crashing back to Earth.

    Gallup Poll: 81% of Americans Either Own orPlan to Withi n 10 Years

    More than half of Americans (56 percent) own andplan to continue owning, while 25 percent say theydont own but plan to in the next 10 years, whichmeans 81 percent of Americans either own orhave the intention to.

    Banks Hedging Their Bets on Wrongful Foreclosures

    The need for continuing pressure on state and federal legislators who are relentlessly pursued by Bank lobbyistshas never been greater. Anyone who cares about the state of our economy and the state of our justice systemneeds to be writing and calling state and federal legislators as well as state and federal agencies to oppose thesenaked attempts to seal the deal against the homeowners.

    Homeowner/Foreclosure Legal Q&A

    When a property is foreclosed upon, what is the process thatleads to it being auctioned in Cobb County, Georgia? >>>>

    Can i do a reverse foreclosure? >>>>

    Landlord Losses Home In Foreclosure >>>>

    Can proving mrtg fraud and pred. lending at an adversaryproceeding in chap7 bnkrptcy help get our home back afterforclosure? >>>>

    What happens to the 2nd mortgage? >>>>

    Lis Pendens 12/2009, FWOP 12/2011 since then no actionother than recent Assignment of Mortgage >>>>

    The bank never sent a certified letter, but my husband gotserved foreclosure papers >>>>

    After wrongful foreclosure can we pursue the mortgagecompany for damages? >>>>

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