ONLY A “SECURED CREDITOR” May Conduct A Non-Judicial Foreclosure In Georgia

Friends & Colleagues, One of the MAJOR attack strategies we have lawyers executing in the state of Georgia is that ONLY A “SECURED” CREDITOR may advertise and conduct a “non-judicial” foreclosure.  You will see not only our logic, but one of the lending industry’s top lawyers who used to be partners and of counsel to … Read more

Fannie Mae Announcement SVC-2010-10 Miscellaneous Servicing Policy Changes

Hmmm… Let’s take a look… Announcement SVC-2010-10    August 2, 2010 Miscellaneous Servicing Policy Changes Introduction This Announcement describes updates, clarifications, and reminders to several servicing policies, including: Retirement of HomeSaver Advance™ Technology Usage and Electronic Invoice Submission Charges to Attorneys and Trustees Prohibition against Servicer-Specified Vendors for Fannie Mae Referrals Prohibition on Outsourcing Fees, Referral … Read more

An August Surprise from Obama? Rumors – Administration is About to Order Government-Controlled Lenders Fannie Mae and Freddie Mac to Forgive Portion of Mortgage Debt

An August Surprise from Obama? James Pethokoukis Political Risk Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of … Read more