Suicides Related to Foreclosure and Eviction Doubled During the Housing Crisis

Suicides Related to Foreclosure and Eviction Doubled During the Housing Crisis Suicides in America continue to creep upward. Between 2003 and 2013, the rate of deaths caused by suicide climbed from just shy of 11 per 100,000 residents to 13.* Suicide rates rose for every age cohort in the U.S. over that time span. In … Read more

Judge Has Enough, Tells Bank Lawyer She is Referring Him to The Bar in Our Latest Trial Win!

Judge Has Enough, Tells Bank Lawyer She is Referring Him to The Bar in Our Latest Trial Win! Cross-posted from The Law Offices of Evan M. Rosen Plaintiff starts off wanting leave to amend to add a lost note count at the beginning of trial. Despite pleading that the Plaintiff is the owner and holder … Read more

Agencies Announce Reissuance of (Bounced?) Rust Consulting Checks Related to the Independent Foreclosure Review

Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency February 18, 2015 Agencies Announce Reissuance of Checks Related to the Independent Foreclosure Review Replacement checks are being mailed this week to borrowers eligible for payment under the Independent Foreclosure Review Payment Agreements and who have not yet cashed or … Read more

Hedge Funds Exit Housing Securities as Prices Rise

Hedge Funds Exit Housing Securities as Prices Rise (Bloomberg) — Hedge funds that profited on residential mortgage debt after the financial crisis such as Pine River Capital Management and Canyon Partners are trimming their bets as prices rise. Gorelick Brothers Capital is also exiting investments in both uninsured and government-backed home loan securities. The firm … Read more

Service Members to Receive Over $123 Million for Unlawful Foreclosures Under the Servicemembers Civil Relief Act

Service Members to Receive Over $123 Million for Unlawful Foreclosures Under the Servicemembers Civil Relief Act FOR IMMEDIATE RELEASE Monday, February 9, 2015 Service Members to Receive Over $123 Million for Unlawful Foreclosures Under the Servicemembers Civil Relief Act The Justice Department announced today that under its settlements with five of the nation’s largest mortgage … Read more