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Banks Reach $8.5B Foreclosure Settlement

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

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Banks Reach $8.5B Foreclosure Settlement

[kaltura-widget uiconfid=”535″ entryid=”0_7gz0r0bh” width=”400″ height=”330″ addpermission=”” editpermission=”” /] Banks Reach $8.5B Foreclosure Settlement with the Feds Click Here for Additional Information

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What is the CA Homeowners Bill of Rights?

What is the California Homeowners Bill of Rights which became law on Jan 1, 2013? For more details and additional Information: California attorney general’s website at http://www.oag.ca.gov/hbor Consumer’s [..]

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What Happened to the Foreclosure Wave?

What ever happened to all of the foreclosed homes that were supposed to hit the market?  

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Bank of America Offers Principal Reductions to 200,000 Homeowners

A select group of struggling mortgage borrowers are about to get an offer that sounds too good to be true. Bank of America says they will begin mailing [..]

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BofA and 4 other major lenders to slash mortgage balances by $100,000 or more

Great News for Homeowners : As part of the $26 billion settlement reached between the five major mortgage servicers, the federal government and the attorneys general of 49 [..]

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Foreclosure Errors in Audit

 By Gretchen Morgenson, NY Times An audit by San Francisco officials of about 400 recent foreclosures there determined that almost all involved either legal violations or suspicious documentation, [..]

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Mortgage Industry Tanks, Fraud Continues at Countrywide

  Countrywide Bank Investigation Finds Evidence of Cut & Paste as well as Wite-Out on forms

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New Wave of Foreclosures Due to Hit Sacramento Area

A monster wave of new foreclosures threatens to engulf Sacramento’s already battered real estate market as major banks move to slash their backlog of delinquent loans.    It [..]

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