Trashed Out | Jackbooted Thugs Clean Out Wrong Home, Stolen Property Destroyed

“On the door of the home Friday was a hand written note that reads “This is private property. No trespassing. If you coming in here, you won’t be leaving.” ~ Woman says foreclosure team cleaned out wrong home A Des Moines woman came home to find her belongings gone. A police report shows that last … Read more

NY Times | Foreclosure Settlement – When Banks Erase a Debt That Isn’t There

“It’s bad enough that these letters are inaccurate. But even worse are the tax problems that they may create for people like Ms. Esposito. In most cases, the Internal Revenue Service considers debt that is forgiven to be taxable income. One exception occurs in bankruptcy; when a debt is discharged, it is not taxable.” ~ … Read more

Homeowner Faces Felony Charge for Pointing Shotgun at Bank Employee Photographing Home As Part Of Monthly Inspection

Solsberry Man To Face Jury After Pointing Gun At Bank Employee (BLOOMFIELD) – A March 2013 jury trial date has been set for David Council Jr., of Solsberry, who is accused of pointing a loaded .12 gauge shotgun at a bank employee who was on his property on Washboard Road taking photographs as part of … Read more

How BofA was Forced to Settle $2.43 bln Merrill Class Action

How BofA was forced to settle $2.43 bln Merrill class action Brad Karp of Paul, Weiss, Rifkind, Wharton & Garrison and Max Berger of Bernstein Litowitz Berger & Grossmann share an elevator bank at 1285 6th Avenue in New York City. Bernstein Litowitz, a 50-lawyer plaintiffs’ firm, has space on the 36th and 38th floors. … Read more

$300 Million | Pam Bondi – “There is no time line for distribution of the (foreclosure settlement) funds”

9 Investigates millions meant for struggling homeowners Florida was awarded millions this spring as part of a nationwide settlement, against five big mortgage lenders, but investigative reporter George Spencer found there is still no telling when homeowners could get the payback. ~

Scores of Homeowners Unsure How to Get Back Title from Land Trusts

Scores of homeowners unsure how to get back title from trusts WEST PALM BEACH — For some, it was the last hope to keep their homes and so they listened to the pitch rather than their gut. They paid thousands of dollars, deeded their homes to a land trust company, and waited for the payout … Read more