We support reforms to the financial marketplace to curb bad practices by banks and lenders.
foreclosure
CFPB’s draft rules for mortgage servicers would help consumers avoid foreclosure
Rules for mortgage servicers would avoid foreclosure, cut through the clutter of mortgage statements
Categories: CFPB, Mortgages
Tags: cfpb, foreclosure, mortgages
The Mortgage Meltdown—Rampant Foreclosure Filing Improprieties Found in San Francisco
by Norma Garcia On Thursday, February 16, 2012, San Francisco’s Assessor-Recorder Phil Ting announced the findings of the City’s audit on foreclosure filings , discussed in the New York Times. The audit found rampant foreclosure improprieties, including one or more irregularities in 99% of the subject loans and in 84% of the loans, the office Continue Reading
Categories: Mortgages, Uncategorized
Tags: foreclosure, morgage, san francisco
New details announced on Obama’s mortgage crisis investigation
In his State of the Union Address on Tuesday, President Obama announced the creation of a special new joint federal-state Task Force charged with investigating the mortgage crisis and the resulting damage to homeowners and investors. The Task Force is known as the Residential Mortgage-Backed Securities Working Group. President Obama announced that New York Attorney Continue Reading
Categories: Credit, Mortgages
Tags: foreclosure, fraud, housing, investigation, mortgage, mortgages
