Merscorp Replaces Corporate Secretary Bill Hultman a Month After CEO Departs
Merscorp Replaces Corporate Secretary a Month After CEO Departs Merscorp Inc., operator of the electronic mortgage-registration system under criticism by consumer advocates amid a probe into lender foreclosure errors, replaced Bill Hultman as its corporate secretary. General Counsel Sharon Horstkamp is taking over the job, Karmela Lejarde, a spokeswoman for the Reston, Virginia-based company, said … Read more
Report | MERS Hires TriAdvocates to Kill Arizona SB1259 on Foreclosures; Proof of Ownership
Well it looks like someone is very worried about SB1259 in Arizona. Lobbyists and MERS Hire Lawyers to Kill Arizona SB 1259 The bill passed through the Senate Republican caucus yesterday. MERS has reportedly retained Tri-Advocates, a division of Squire Sanders law firm to kill our bill, SB 1259, on Monday. Why are they so afraid … Read more
Sen Whitehouse Slams Geithner on Foreclosure Crisis
Sheldon Questions Geithner on Foreclosure Crisis During this hearing of the Senate Budget Committee, Senator Whitehouse questioned Treasury Secretary Geithner about the need to put pressure on the big banks to address the foreclosure crisis. Specifically, he highlighted the bureaucratic nightmare families are forced to endure when trying to obtain a mortgage modification. ~ 4closureFraud.org … Read more
Deputies Serving Eviction Notice Find Dead Body Inside Home
Deputies Serving Eviction Notice Find Dead Body Inside Home ORLANDO — Orange County deputies said they were serving an eviction notice when they found a dead body inside the home. Deputies said they arrived at the home, on Shalace Court, around 9:11 a.m. Thursday to serve an eviction notice to the homeowner. When no one answered the … Read more
Pro se Kentucky Homeowner WINS Appeal on Standing Issue – DEUTSCHE BANK Summary Judgment Vacated
Commonwealth of Kentucky Court of Appeals NO. 2009-CA-000058-MR ~ GLENN D. AUGENSTEIN APPELLANT APPEAL FROM HENRY CIRCUIT COURT v. HONORABLE KAREN CONRAD, JUDGE ACTION NO. 07-CI-368 DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF SOUNDVIEW HOME LOAN TRUST 2005-OPT4, ASSET BACKED CERTIFICATES, SERIES 2005-OPT4; PAMELA FOREE; AND DONALD T. PRATHER OPINION VACATING … Read more
BRIEF OF AMICUS CURIAE STATE OF UTAH AG MARK L. SHURTLEFF | PENI COX vs RECONTRUST COMPANY; BANK OF AMERICA, et al
Last night Bloomberg reported BofA Unit’s Utah Foreclosures Violate Law, State Says. A Bank of America Corp. unit is breaking the law by foreclosing on homeowners in Utah because it doesn’t meet state requirements, the state attorney general’s office said in a federal appeals court case. ReconTrust Co., a subsidiary of Bank of America, the … Read more
Loan Mod Program Left Homeowner’s Fate in Hands of Dysfunctional Industry
Loan Mod Program Left Homeowner’s Fate in Hands of Dysfunctional Industry by Olga Pierce and Paul Kiel ProPublica, Feb. 17 Last February, with 6 million homeowners in danger of losing their homes, the mortgage industry was assembled at a luxury hotel in San Diego applauding themselves—literally. “As a group, we owe ourselves a round of … Read more
Man Forges a Deed, Has it Notarized, Files with County, Gets Arrested – Banks do the Same and Get Billions
Now I’m am not condoning squatting but, but, isn’t this what you just call a document irregularity??? ~ Couple under arrest UPLAND – A couple living in a five-bedroom home on North Euclid Avenue were arrested Tuesday after investigators suspected an illegal case of squatting on the upscale property. Richard and Pamela Scott were arrested … Read more
We’re # 1! | Florida’s Foreclosure Rate is Nation’s Highest
Florida’s foreclosure rate is nation’s highest Florida’s foreclosure rate moved above 14 percent in the fourth quarter of 2010, and the state now accounts for nearly one in every four distressed homes in the nation, according to a new report. BY TOLUSE OLORUNNIPA tolorunnipa@MiamiHerald.com Florida has the nation’s highest inventory of homes in distress, accounting … Read more
Utah Foreclosures | BofA’s Unit ReconTrust Violates Law, State Says
BofA Unit’s Utah Foreclosures Violate Law, State Says A Bank of America Corp. unit is breaking the law by foreclosing on homeowners in Utah because it doesn’t meet state requirements, the state attorney general’s office said in a federal appeals court case. ReconTrust Co., a subsidiary of Bank of America, the biggest U.S. lender by … Read more
