Posts Tagged ‘Fraud’

Foreclosure fraud fund in state’s control – Atlanta Journal Constitution

Foreclosure fraud fund in state's controlAtlanta Journal ConstitutionNathan Deal will spend $104 million of the $815 million banks are paying Georgia to settle foreclosure fraud claims, but if past indications hold true, much of that money won't be going to distressed homeowners. The discretionary cash will likely be …and more » View full post on foreclosures [...]

Bank of America Smacked with Foreclosure Fraud Lawsuits – AllGov

AllGov Bank of America Smacked with Foreclosure Fraud LawsuitsAllGovThose inflated prices, the complaint alleges, included thousands of Federal Housing Administration backed loans, the default of which cost the federal government money. Bank of America Smacked with Foreclosure Fraud Lawsuits.BofA in side deal with US govt on mortgage foreclosures -WSJReutersBank of America to reduce loans for [...]

Foreclosure Audit Reveals Pervasive Fraud – Huffington Post

Foreclosure Audit Reveals Pervasive FraudHuffington PostBut justice requires more than compensating the past victims — we must protect Californians from future abuse, improve laws regulating foreclosure and ensure they are enforced. While we all knew the problems in our housing markets were severe — just …Foreclosure Abuse Rampant Across U.S.Fox Businessall 2 news articles » View [...]

Study reveals foreclosure fraud in almost all cases – AGBeat

Los Angeles Times Study reveals foreclosure fraud in almost all casesAGBeatThe City of San Francisco has released a report revealing the widespread nature of foreclosure abuse, with 84 percent of the 400 local foreclosure cases studied showing illegal activity, a drastic rate that has the housing industry on alert, …Homeowners, Advocates Call for Temporary Stop [...]

Bank foreclosure fraud settlement to be announced Thursday – Washington Post

Bloomberg Bank foreclosure fraud settlement to be announced ThursdayWashington PostState and federal officials on Thursday will announce a landmark settlement with five of the nation's banks over their flawed and fraudulent foreclosure practices. The deal, which officially will be unveiled at a 10 am Department of Justice news …US, Banks Agree on Foreclosure PactWall Street [...]

Bank foreclosure fraud settlement said near – Washington Post

Bloomberg Bank foreclosure fraud settlement said nearWashington PostState and federal officials could announce as soon as Thursday a landmark settlement with five of the nation's banks over their flawed and fraudulent foreclosure practices, people close to the situation said. Long-running negotiations over the …State Attorneys General Near Foreclosure SettlementFox BusinessKey Dates in the Foreclosure MessWall [...]

Who’s the Big Bad Wolf Now on Foreclosure Fraud and Abuse? – Economic Populist

RisMedia.com Who's the Big Bad Wolf Now on Foreclosure Fraud and Abuse?Economic PopulistTo date that's been the story of the banks as the big bad wolf, blowing houses down all over America with fraudulent foreclosures, viewing home owners as tasty piglet snacks of profit. Will we ever see role reversal in this never ending grim [...]

Two Congressman Call on Justice Dept to Investigate Foreclosure Fraud Against … – LoanSafe

Two Congressman Call on Justice Dept to Investigate Foreclosure Fraud Against …LoanSafeAs the race against time continues to stop foreclosure fraud, two North Carolina Congressman are seeking investigation into unlawful foreclosures against servicemembers. The congressman, Reps. Brad Miller (D-CA) and Walter Jones (R-NC), …and more » View full post on foreclosures – Google News

New state law will regulate foreclosure rescue fraud scams – The Star-Ledger – NJ.com

The Star-Ledger – NJ.com New state law will regulate foreclosure rescue fraud scamsThe Star-Ledger – NJ.comBy Sarah Portlock / The Star-Ledger AP File PhotoThe foreclosure rate is rising and so is the number of mortgage modification scams. As long as the housing crisis has pushed people to the point of foreclosure, scammers have been preying [...]

On foreclosure fraud, Bondi comes up short – Orlando Sentinel

Legal News Line On foreclosure fraud, Bondi comes up shortOrlando SentinelBut five states have been hit particularly hard by foreclosures — and foreclosure fraud. In four of those five states, attorneys general have aggressively stood up for their constituents. AG's in Arizona, California, Michigan and Nevada have used …Senator wants full investigation of banks before [...]