mortgage
Consumer Beware: Scams Related to the National Mortgage Settlement
By Norma Garcia The Department of Justice and the 49 attorneys general who are parties to the National Mortgage Settlement reached on February 10th with the five major banks/servicers are warning the public to beware of scams related to the settlement. There are already scammers at work pitching their services to the unwary, trying to Continue Reading
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
We support reforms to the financial marketplace to curb bad practices by banks and lenders.