What's the worst case for Mr. Linza at this point? His loan was around $240,000 plus the arrearages, which I suppose could amount to six figures... but still. He can't be more than $158,000 behind, right? So, assuming that's true,... (Continue reading)
This is not the first decision that punished a servicer for mistreating a homeowner in the loan modification process, in fact this past year there have been a dozen or more around the country. I think it's safe to... (Continue reading)
The last thing I wanted to do, however, was write about the decision as being some sort of major victory for homeowners, only to find out that the decision was overturned on appeal next year, because frankly...... (Continue reading)