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California and New York, two big holdout states, join in a $25 billion mortgage settlement

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Mortgage Professional America | 09 Feb 2012, 03:19 PM Agree 0
  • Foreclosure Fraud Epidemic Sweeps the Country | Th | | 17 Feb 2012, 07:25 PM Agree 0
    [...] Foreclosure Fraud Epidemic Sweeps the Country  Foreclosure Fraud Epidemic(TheNicheReport.com) Alarming reports from diametrically opposed areas of the United States are revealing that mortgage lenders and the law firms representing them are still engaged in highly dubious foreclosure practices. Mortgage audits in California and North Carolina showed a high percentage of irregular foreclosures and forced evictions. One of the issues noted in those audits was “robosigning”, a questionable practice that lead to a nationwide investigation by state attorney generals and a multi-billion settlement by five major mortgage lenders. [...]
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