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Why the Foreclosure Mess Settlement Proposal Can’t Fix the Damage

by | Mar 18, 2011 | Towing

State attorneys general and federal regulators are rushing to settle the robo-signing foreclosure mess created by the banks and get the real estate market back on its feet. But their proposals don’t fully address the one of the…

Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes

by | Mar 11, 2011 | Towing

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks’ Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain…

Foreclosure Fraud in Maryland: Banks’ Lawyers Accused of Forging 1,000+ Deeds

by | Mar 9, 2011 | Towing

As if we needed more proof of the outlaw actions of banks and their agents, The Baltimore Sun reports that 1,000 or more Maryland deeds are likely forgeries created by a foreclosure mill. If the accusation is true, the false de…

The Mortgage Mess Settlement Proposal: Off to an Awful Start

by | Mar 7, 2011 | Towing

A partial settlement plan has been constructed by a group of state attorneys general and federal regulators. In theory, it addresses banks’ flawed mortgage servicing, modification and foreclosure practices. In reality, it just …

Will Florida Finally Punish Banks and Lawyers for Foreclosure Document Fraud?

by | Feb 8, 2011 | Towing

Foreclosures nationwide have exposed a swamp of fraudulent documents, but in many parts of Florida, courts have been letting banks ignore the law with impunity. Now, moves by Florida’s Supreme Court and its state bar associatio…

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