Posts Tagged ‘errors’

Halt Foreclosures on Homes Due to Paperwork Errors, Group Says – LoanSafe

Halt Foreclosures on Homes Due to Paperwork Errors, Group SaysLoanSafe(Source: Timothy McNulty Pittsburgh Post-Gazette (MCT) — Housing activists are calling on Pennsylvania banks and sheriffs to temporarily halt all home foreclosures, saying a paperwork error could save thousands of people their homes.Nonprofit group says 100000 got flawed foreclosure notesPittsburgh Tribune-ReviewActivists Find Thousands of Foreclosures Violate [...]

Foreclosure Process, Fraught with Errors, Leads Borrowers to Fight Back – MarketWatch (press release)

Foreclosure Process, Fraught with Errors, Leads Borrowers to Fight BackMarketWatch (press release)Operation Reach 1 is the only loan modification and foreclosure rescission company to be awarded an A rating by the Better Business Bureau. Thanks to Operation Reach 1, foreclosure has not been the end for many borrowers. Calling for transparency in …and more » View [...]

Bank Errors Continue to Cause Wrongful Foreclosures – ProPublica

ProPublica Bank Errors Continue to Cause Wrongful ForeclosuresProPublicaFour years into the foreclosure crisis, banks say they've made major improvements in how they handle struggling homeowners. They've promised, for example, not to foreclose on homeowners who are being considered for mortgage modifications. …Bank Of America Continues Wrongful Foreclosures Despite Claims Of ImprovementConnecticut Watchdogall 4 news articles » [...]

Banks to Pay $22 Mil for Military Foreclosure Errors – International Business Times

New York Post Banks to Pay $22 Mil for Military Foreclosure ErrorsInternational Business TimesThe banks will also continue to investigate whether improper foreclosures occurred in 2009 through 2010. The settlement is "easily the largest amount recovered" in a case of improper military foreclosures, Thomas E. Perez, an assistant attorney general …Mortgage Companies Settle Suits on [...]

Bank Of America Starts Counting Foreclosure Mistakes, And Finds 10-25 Errors … – The Business Insider

Moneycontrol.com Bank Of America Starts Counting Foreclosure Mistakes, And Finds 10-25 Errors …The Business InsiderImage: AP It's not clear that these are going to result in any actual reversals — as in, foreclosures that were carried out that shouldn't have been — but …Foreclosures: Why The New York Times Is WrongHuffington PostBank of America Finds [...]

Foreclosure Errors Cloud Homeownership With `Blighted Titles’ – Bloomberg

Newsday Foreclosure Errors Cloud Homeownership With `Blighted Titles'BloombergPhotographer: Derick E. Hingle/Bloomberg US courts are clogged with a record number of foreclosures. Next, they may be jammed with suits contesting property …Ohio asks courts to review GMAC foreclosuresReutersBig Bank Foreclosure Delays Signal Big TroubleCNBCOhio official calls for DOJ probe of Chase mortgagesWashington Post (blog)South Florida Business [...]

GMAC’s Errors Leave Foreclosures in Question – New York Times (blog)

New York Post GMAC's Errors Leave Foreclosures in QuestionNew York Times (blog)The recent admission by a major mortgage lender that it had filed dubious foreclosure documents is likely to fuel a furor against hasty foreclosures, …Foreclosure Flaws May Delay US Recovery by Slowing Drop in Home PricesBloombergGMAC moves on foreclosuresFinancial TimesForeclosure Fraud Expands to CaliforniaCare2.com [...]

GMAC’s Errors Leave Foreclosures in Question – New York Times

Washington Post GMAC's Errors Leave Foreclosures in QuestionNew York TimesThe recent admission by a major mortgage lender that it had filed dubious foreclosure documents is likely to fuel a furor against hasty …California puts Ally Financial on notice over botched foreclosuresLos Angeles TimesGMAC says foreclosure errors addressed months agoReutersCalif atty general asks GMAC to cease [...]

GMAC says foreclosure errors addressed months ago – Reuters

Washington Post GMAC says foreclosure errors addressed months agoReutersNEW YORK (Reuters) – GMAC Mortgage, one of the largest servicers of US residential loans, on Friday said that its errors in processing foreclosures were …Ally Issues `Robust' Policy, Adds Staff for Foreclosure ProcessBloombergCalif atty general asks GMAC to cease foreclosuresThe Associated PressIllinois AG calls out Ally [...]

Foreclosure errors could snag other lenders – Washington Post

Washington Post Foreclosure errors could snag other lendersWashington PostSome of the nation's largest mortgage companies used a single document processor who said he signed off on foreclosures without having …Staff says bank foreclosures went uncheckedFinancial TimesGMAC says foreclosures flawedCincinnati.comGMAC suspends evictions after affidavits challengedReutersUPI.com -Bloomberg -TheStreet.comall 226 news articles » View full post on foreclosures – Google News