Foreclosure Fraud – BAC / Countrywide Must Pay $108 Million for Illegally Overcharging Struggling Homeowners; Loan Servicer Inflated Fees, Mishandled Loans of Borrowers
For Release 06/07/10 Two Countrywide mortgage servicing companies will pay $108 million to settle Federal Trade Commission charges that they collected excessive fees from cash-strapped borrowers who were struggling to keep their homes. The $108 million represents one of the largest judgments imposed in an FTC case, and the largest mortgage servicing case. It will … Read more
Florida 5th DCA – Rubber Stamping Rocket Docket Judge REVERSED for Denying Motions to Cancel Foreclosure Sale Over and Over and Over
This sure sounds familiar… Once again the banks can’t even get their own sales canceled in the lower courts… Pattern here anyone? WELLS FARGO BANK, N.A. v. LUPICA WELLS FARGO BANK, N.A. AS TRUSTEE, etc., Appellant, v. CARL T. LUPICA AND MARGARET LUPICA, Appellees. Case No. 5D09-2902. District Court of Appeal of Florida, Fifth District. … Read more
REVERSED – North Carolina Court of Appeals in the Matter of the Foreclosure in Re Adams
It seems like EVERY DAY we are finding more and more of these rulings from the appellate courts… Great work Foreclosure Fighters!!! NO. COA09-1455 NORTH CAROLINA COURT OF APPEALS Filed: 1 June 2010 IN THE MATTER OF THE FORECLOSURE of a Deed of Trust Executed by Hannia M. Adams and H. Clayton Adams, Dated October … Read more
Trashed Out – Foreclosures Go Wrong as Lenders, Cleanup Crews Cut Legal Corners
Who woulda thunk… Some Michigan residents have returned home to find their windows broken, houses ransacked and valuables missing. Not from burglars, but overzealous mortgage lenders and their trash-out teams: unlicensed crews hired to clean out and secure property during foreclosures. Lawsuits filed across Michigan and the nation paint an ugly picture of impersonal foreclosures … Read more
