HSBC announced late last month that it had put all of its U.S. foreclosures on hold to review their documents — back in December. So why are its lawyers still pushing cases ahead? HSBC also says it doesn’t robo-sign. So why do…
All across Florida, courts are starting to clear their overwhelmed dockets by dismissing foreclosure cases the banks have failed to prosecute. In one division of one of Florida’s 20 judicial districts, perhaps as many as 2,700 …
HSBC got plenty of attention when it disclosed that it had suspended foreclosures in its annual report Monday. But its not the only bank whose annual report made for interesting reading. The risk disclosures in banks’ annual re…
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…
Among the state systems governing foreclosure, Hawaii has a particularly fraud-riddled, draconian process. Elderly Suzanne Bonds was unbelievably exploited by that process in 2004, but Hawaii’s courts refused to help. Now, her …