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Banks Reach $8.5Billion Foreclosure Settlement with the Feds Additional Information: http://www.federalreserve.gov/newsevents/press/bcreg/20130107a.htm Frank Verni: http://frankvernirealtor.com
The Consumer Financial Protection Bureau (CFPB) has proposed a sweeping set of rules that would overhaul a much criticized industry: mortgage servicers. Click Here to Read More!
Legislation aimed at protecting California homeowners facing foreclosures cleared a key hurdle Wednesday, winning approval in a joint committee created to hammer out the details of the proposal. [..]
Now-settled mortgage servicing violations permeated every step of the foreclosure process and were monitored by top executives across the entire industry, according to findings released by the Department [..]
Countrywide Bank Investigation Finds Evidence of Cut & Paste as well as Wite-Out on forms
If you or any of your friends have had problems with the loan modificaton process, this is probably the answer that you suspected but never really heard. Most [..]