Foreclosure Tales from The Interwebzs: Fannie Mae – Nightmare

  Fannie Mae – Nightmare Random ‘rants’ found across the Interwebz. We found a property through coldwell banker, made an offer and it was accepted.The agent showed us the house several times, and even went over the property lines. We paid cash, got the keys at closing and immediately went to work fixing the home. … Read more

Independent Mortgage Bank Profits Up from Previous Quarter

Independent Mortgage Bank Profits Up from Previous Quarter WASHINGTON, D.C. (June 7, 2016) – – Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $825 on each loan they originated in the first quarter of 2016, up from a reported gain of $493 per loan in the fourth quarter of … Read more

Will ‘Rental Nation’ Plague Your Property?

Will ‘Rental Nation’ plague your property? South Florida homeownership is down and neighborhoods brim with renters, who don’t care as much about upkeep and issues that keep values high. Investor homes in your area: Find out who’s scooping up bargain houses and where. Click here: http://www.mypalmbeachpost.com/investor-homes The fragile sense of community in homeowner Bryan Melzard’s … Read more

Police: Gunman in Foreclosure Lures Firefighters Into Home, Holds Them Hostage Until SWAT Shoots Him Dead

“Debris lay all over the yard Thursday of the home that public records indicate is in foreclosure and has been bank-owned since mid-November.” ~ Police: Ga. gunman lured firefighters into home A gaping hole Thursday exposed wooden beams and insulation on one side of a suburban Atlanta house where a financially strapped gunman held four … Read more

Finally! Regulators, Law Enforcers, and Politicians Ring Alarm Bells over Document Fraud. Question Proposed Remedies

Finally! Regulators, Law Enforcers, and Politicians Ring Alarm Bells over Document Fraud. Question Proposed Remedies Finally! Regulators, Law Enforcers, and Politicians Ring Alarm Bells over Document Fraud. Question Proposed Remedies. Suspicious signatures. False addresses. Unauthorized signers. Omissions of authentic signer identification. Rights of the public violated. Replacement documents when no originals had been executed. Predictions … Read more

Neighbors Seek City’s Help to Remove Unwelcome Guests from a Foreclosed Home Now Owned By Chase

~ 4closureFraud.org