Category: Foreclosure Rights

Finally, a Judge Willing to Hold Lenders/Servicers Accountable!

The bottom line is that most judges in Florida and other states trample on the civil rights of homeowners and deny them due process because of their “personal views” on the issues of foreclosure. I highly encourage homeowners to organize in their communities and march on the steps of their local courthouse and protest what their elected judges are doing and not doing to uphold the law as Judge Schack is doing in this case.

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Bank of America loses in Federal Ruling – Judge says investors own the loans

This ruling could ultimately end up being the demise of ALL foreclosure actions involving securitized loans. One thing is clear in that the federal court identifies the investors as the owners of the loan and is so doing the court also recognizes that the servicer/intermediaries/pretender lender have no authority to do ANYTHING in the way of enforcement, modification, collection through legal means such as a foreclosure action because they simply have no standing (the alleged debt is not owed to anyone other than the investors).

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Bankruptcy Judges & DOJ Rip Mortgage Companies

“Systemic abuse.” “Extraordinary incompetence.” “Reckless.” In a growing body of legal cases, judges and the Justice Department are breaking from legal jargon to starkly chastise mortgage companies.

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Mortgage Hardship: Solutions to Avoid Foreclosure

There are precise steps you can take to protect yourself and your interests. There are legal rights that you possess and can use to help yourself in difficult times. The biggest challenge is that most American consumers and homeowners don’t know they have legal rights. You have foreclosure rights…when you’re facing a mortgage hardship, all hope is not lost.

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Revive the BK Cramdown Bill?

I even love the name “cramdown.” This is exactly what homeowners and consumers need to do these institutions… cram it down their throats. Use the resources on this blog and elsewhere and fight. Give ‘em hell.

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