Author Archive for Lane Houk

New wave of foreclosures threatens market

While banks repossessed fewer homes in February than a month earlier, borrowers continued to fall behind on their payments, adding to the inventory of properties headed toward foreclosure that have yet to be put on the market, according to RealtyTrac.Swelling ranks of homeowners who are seriously delinquent but haven’t yet lost their homes may soon lead to a new round of foreclosures.










ForeclosureReal estateBusinessRealtyTracUnited States

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FBI Raids Offices of United Law Group – Shut Down

A notorious law firm, United Law Group, based in Irvine, CA was shut down today (March 11, 2010) by the FBI after a raid on their offices by the FBI, Irvine Police and other governmental agencies.

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Lawsuits Against Pretender Lenders Skyrocket

In the last five years, the number of foreclosure lawsuits filed in federal court in California has ballooned — like an exploding adjustable-rate mortgage — from only 29 statewide in 2005 to nearly 1,400 last year.
Increasing numbers of Californians are suing lenders to avoid foreclosures
By Tracey Kaplan and Maria J. Ávila López, www.mercurynews.com

Two weeks before [...]

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Sample Interrogatories

SUPERIOR COURT OF NEW JERSEY
CHANCERY DIVISION – ESSEX VICINAGE
——————————————————————X                Civil Action
Deutsche Bank National Trust Company, As Trustee Of
Argent Securities, Inc. Asset Backed Pass Through Certificates, Series 2004-PW1
Docket Number: XXX
REQUEST FOR
INTERROGATORIES
Plaintiff(s),
vs.
XXX; John Doe,
Husband Of XXX                                                                            XXX Avenue
Rosedale, NY 11422
Defendant(s)/Pro Se ——————————————————————X
REQUEST FOR DISCOVERY: INTERROGATORIES
i). Defendant, XXX, serves these interrogatories on Deutsche Bank National Trust Company, as [...]

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Mortgage rates fall below the 5 percent mark

Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.


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