thestatedtruth.com | October 13, 2010
The mortgage is still owed, but there’s going to be a problem figuring out who actually holds the mortgage, and they would be the ones bringing the foreclosure. You have a trust that has been getting payments from borrowers for years that it has no right to receive. So you might see borrowers suing the […]
Category: Commentary, Economy, Real Estate, Wall Street |
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Tags: bank fraud, mortgage fraud, real estate put backs
thestatedtruth.com | October 6, 2010
By DAVID STREITFELD and GRETCHEN MORGENSON Published: October 6, 2010 The uproar over bad conduct by mortgage lenders intensified Tuesday, as lawmakers in Washington requested a federal investigation and the attorney general in Texas joined a chorus of state law enforcement figures calling for freezes on all foreclosures. Representative Nancy Pelosi, the House speaker, and […]
Category: Commentary, Economy, National News, Real Estate, Wall Street |
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Tags: bank owned, foreclosures, mortgage fraud