Task force probing whether banks broke federal laws during home seizures
Task force probing whether banks broke federal laws during home seizures
Washington Post — October 20, 2010
Federal investigators are exploring whether banks and other financial firms broke U.S. law when using fraudulent court documents to foreclose on people's homes, according to sources familiar with the effort.
Sheriff in Illinois' Cook County says he will cease evictions
HousingWire — October 19, 2010
Cook County, Illinois Sheriff Thomas Dart said Tuesday he would not carry out evictions involving Bank of America, Ally Financial and JPMorgan Chase starting Oct. 25.
Signs of Mistakes Aside, Banks Defend Foreclosures
Wall Street Journal — October 20, 2010
Some banks say their reviews of mortgage-paperwork procedures have failed to detect any borrowers who were foreclosed on wrongly. Some court filings, loan documents and mea culpa letters from mortgage servicers tell a different story.
Md. judges OK foreclosure audits
Baltimore Sun — October 20, 2010
Maryland's highest court has given administrative judges across the state the green light to hire examiners to help scrutinize documents in potentially thousands of foreclosure cases.
Intermission, at Best, in Battle Over Foreclosures
New York Times — October 19, 2010
Bank of America may be trying to bring down the curtain on the foreclosure furor, but there were numerous indications Tuesday that the problems would not move off-stage so quickly.
DJSP’s Stern relinquishes chairmanship
Florida Business Journal — October 19, 2010
Foreclosure attorney David Stern is stepping down as chairman of DJSP Enterprises, the public company that processes paperwork from his law firm.
Foreclosure rap: Angry mom makes anthem for a broke nation
Washington Post — October 19, 2010
The lip-syncing is a bit off. The beat is simple. The graphics are old-school. The message is very much of today.