Foreclosure crisis puts Wall Street reform legislation to the test
Foreclosure crisis puts Wall Street reform legislation to the test
Washington Post — October 21, 2010
The foreclosure problems that have unfolded in recent weeks present a test of whether financial regulators can respond more cohesively and aggressively to an emerging problem than they did to the subprime crisis three years ago.
Witness: signatures were faked at foreclosure firm
Associated Press — October 19, 2010
ORLANDO -- The office manager at a Florida law firm under investigation for fabricating foreclosure documents would sign her name to 1,000 files a day without reviewing them and would allow paralegals to sign her name for her when she got tired, her former secretary said in a deposition released Monday.
Fla. Activists Fight Against Shoddy Foreclosures
Washington Post — October 21, 2010
Nearly a year before the national furor over foreclosures began, Lisa Epstein, a nurse, ran into three other amateur sleuths who separately were investigating shoddy practices at mortgage companies.
HUD Secretary: Problems with Foreclosure Paperwork Not Widespread
DSNews — October 21, 2010
The federal government’s Financial Fraud Task Force is investigating possible criminal violations in connection with foreclosure documentation errors reported by at least five mortgage servicers.
As foreclosure freeze spreads, more could stop making payments, economists warn
Washington Post — October 19, 2010
FORT MYERS, FLA. - In his spacious cookie-cutter townhouse on a tidy street near downtown Fort Myers, Joshua Bartlett has waited nearly three years for the knock on the door that never comes.