BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court News - Bloomberg

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BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court News Bloomberg “Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court submissions.” The lawsuit comes three days before a Feb. 6 deadline for states to join a proposed multistate agreement over ... US States to Enter Foreclosure SettlementNuWire Investor all 71 news articles »

Convicted NY fraudster sentenced in hit plot - Fox News

Convicted NY fraudster sentenced in hit plot Fox News Hand was sentenced Monday to an additional eight to 16 years in prison for the contract-killing scheme, on top of the eight years and four months to 25 years he's serving in the mortgage fraud. Hand's "actions strike at the heart of the justice system ... and more »

Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare... - Mortgage News Daily

Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare... Mortgage News Daily There's a lesson in that amusing tale for mortgage bankers and Realtors - I just don't know what it is. I do know that the definition of "deleveraging" is, "The process or practice of reducing the level of one's debt by rapidly selling one's assets. Premium PaybackSan Angelo Standard Times all 3 news articles »

Big Banks Face Mortgage Fraud Claims in NY - Courthouse News Service

Big Banks Face Mortgage Fraud Claims in NY Courthouse News Service "Under the MERS contract, MERS members purportedly log all of their mortgage transfers in a private electronic registry, instead of publicly recording the transfer in the local county clerk's office." MERS has "few or no employees" to reduce costs, ... and more »

How To Write “Subject-To” Offers - RealtyBizNews

How To Write “Subject-To” Offers RealtyBizNews Usually that circumstance will be the sellers existing mortgage. It can also be a variety of other things. One of the most common “subject-to” clauses in real estate contracts is “subject-to” buyers inspection. But for real estate investors, ...