The mortgage industry has created a system meant to simplify the handling of loan documents. Instead, it’s legally shaky, makes tracking mortgage-note ownership extremely hard and may wind up throwing into doubt who actually co…
The mortgage industry has created a system meant to simplify the handling of loan documents. Instead, it’s legally shaky, makes tracking mortgage-note ownership extremely hard and may wind up throwing into doubt who actually co…
For years, the property management business has been stuck in the Dark Ages — using faxes, paper ledgers and out-of-date spreadsheet software. But as the foreclosure crisis adds millions of people to the rental market, new sta…
A pension fund is suing foreclosure-services giant Lender Processing Services, a key player in the robo-signing mortgage mess, for fraud.
Continue reading Lender Processing Services Sued by Shareholders for Fra…
Michael and Dolores Kirkbride of North Carolina settled their debt with Countrywide, but the bank and later its new owner, Bank of America, kept calling to demand payment — hundreds of times. A judge has fined BofA for its egr…