Daily Finance | Are Foreclosure Attorneys Illegally Outsourcing Legal Work to Non-Lawyers?
Are Foreclosure Attorneys Illegally Outsourcing Legal Work to Non-Lawyers? By ABIGAIL FIELD An awful lot of attorneys are in deep trouble, two companies will be destroyed, two more will be deeply damaged and a venture capital firm faces big losses, if the allegations in a lawsuit updated Monday are true. Jonathan and Darlene Thorne accuse … Read more
In Re Bear Stearns Companies, Inc. Securities, Derivative, And Erisa Litigation | Motion to Dismiss Securities Fraud Complaint is Denied
For those interested in the evaporation of Bear as a major player in our financial markets, Judge Sweet’s opinion is an important read. ~ Judge Sweet On Bear Stearns’ Meltdown Judge Sweet’s 400 page decision in In re Bear Stearns Companies, Inc. takes us through the collapse of Bear Stearns from three perspectives: a Securities Fraud … Read more
Feb 8th: Boynton Beach, FL HuffPost Mortgage Madness Meetup & Happy Hour for Combatants of Illegal Foreclosures
Time: February 8, 2011 from 7pm to 10pm Location: Ralph & Rosie’s Restaurant Street: 2007 South Federal Highway City/Town: Boynton Beach, FL 33435-6906 Phone: 561-731-4400 Event Type: meetup, happy hour Organized By: HuffPost, ForeclosureHamlet.org & 4closureFraud.org Combined Event. Ralph & Rosie’s is coping with an illegal foreclosure of their own. They have offered us the … Read more
Defective Real Estate Documents: What Are the Consequences?
Editors’ Synopsis: This Article discusses recent case law regarding whether a recorded but defectively executed or acknowledged mortgage may be deemed valid, whether it imparts constructive notice to, and is entitled to priority over, subsequent judgment creditors and lienholders with validly executed and recorded documents, and particularly, whether a trustee in bankruptcy may avoid the … Read more
From Across the Pond | U.S. Mortgage Crisis: Where Does The Homeowner Stand?
U.S. Mortgage Crisis: Where Does The Homeowner Stand? Over the past several years, the real estate industry in the United States has undergone a near collapse. House prices have been reduced so far by 25% nationwide due to the bursting of real estate bubble. The only vibrant part of the real estate market in the … Read more
Mortgage Bankers Association Sold $79 Million Headquarters for $41 Million, New Buyer Flips Building for $101 Million
Mortgage Bankers Miss out on Profits A year ago, in what seemed like a supreme irony, the Mortgage Bankers Association sold its Washington, D.C., headquarters at a big loss. On Thursday, insult was added to injury: The building’s buyer has flipped it for a big profit. The transaction shows how quickly the market for well-occupied … Read more
