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ForeclosureGate.org Is A Public Service Homeowner Coalition and Cooperative, Created To Exchange News And Information And To Advance Justice For American Homeowners

Is BofAs Foreclosure Review Really Independent? You Be the Judge Late last year, the country's bank regulators launched a massive program to evaluate millions of foreclosure cases and compensate homeowners who fell victim to the banks' flawed or illegal practices. Regulators dubbed it the "Independent Foreclosure Review" to emphasize that the banks would not be making key decisions about loans they had made or serviced. But a raft of evidence internal Bank of America memos and emails obtained by ProPublica, interviews with two bank staff members who have worked on the review, and littlenoticed documents released late last year by a federal banking regulator throw the independence of the review into serious doubt.

Bill Falik Speaks About a Controversial New Plan to Fix the Mortgage Crisis Having expertise in real estate, land use and development, Bill Falik started thinking about ways to stop the deterioration of the housing market after one of his housing developments in Roseville, CA was hit by a wave of foreclosures. A group of us got together and started thinking about creative approaches to resolving.

Questions From a Bailout Eyewitness IT has become almost unpatriotic to question the many and munificent bank rescues of 2008 and beyond. If you have the temerity to do so, youre likely to hear that the bailouts were the only thing standing between us and financial obliteration. You will also be told that, four years on, many of the bailouts have made money.

Illinois anti-foreclosure hundreds

workshop

draws

Bankruptcy and Foreclosure Political Bedfellows?

Strange

More than 1,000 Illinois residents facing foreclosure have turned out for an event to help them keep their homes. Gov. Pat Quinn met with some of them during Saturday's foreclosure prevention workshop in South Holland. Quinn says "keeping people in their homes strengthens families , communities and our economy."

The are two nominees for the open Senate seat in my state this election; the first well call the Challenger, and the second the Opposition. Through the mudslinging and accusations that are typical with a political race, two important facts have emerged. The Challenger filed bankruptcy in 1976 wiping out.

From foreclosure frauds to subprime shenanigans, mortgage fraud is a growing crime threat From foreclosure frauds to subprime shenanigans, mortgage fraud is a growing crime threat that is hurting homeowners, businesses, and the national economy. We have developed new ways to detect and combat mortgage fraud, including collecting and analyzing data to..

Brown signs foreclosure-prevention legislation Gov. Jerry Brown has completed work on a package of foreclosure-prevention bills aimed at preventing another massive real estate bust like the one that plunged California and the nation into a deep recession five years ago. The governor on Tuesday signed into law SB 1474 by Sen. Loni Hancock (D-Berkeley), giving the attorney general authority to impanel a statewide grand jury.

Bank of America Offers Mods with a Gag Order to Buy Silence The story is not as detailed as one would like, but in short form, a couple in West Haven, the Mandells, are facing foreclosure on a home they bought in 2000. George Mandell lost his job in 2010 and the couple tried getting a mod. They article report that they didnt qualify for certain modifications yet later Bank of America.

Four Arrested Over Real Estate Scheme in California Four suspects were arrested and charged with securities fraud, conspiracy and elder abuse for their roles in a Ponzi scheme that cost investors $2.3 million, California Attorney General Kamala D. Harris announced Friday in a release. The arrest declaration alleges that the real estate company Philip served as CEO of.

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