Banks are still breaking into homes they don't own and homeowners are still coming home to find that all of their belongings are gone... sold or dropped off at the dump. Nick Wooten has a plan to make them... (Continue reading)
This story epitomizes why we as a nation needed to do more, not only to prevent foreclosures, but also to stop the scammers targeting those at risk of losing homes.... (Continue reading)
Credit damage occurs when a bank, other debt collector or a credit reporting agency causes negative information to appear on your credit report.... (Continue reading)
In Yvanova, the court didn't say whether her claim that the trust didn't own her loan would prevail, only that a borrower now has standing to make that claim.... (Continue reading)
You don't need to keep re-setting a sale date every month... unless you want to absolutely ruin someone's credit report until it's beyond recognition. It should show one sale date/Notice of Sale, and then a postponement as he awaited... (Continue reading)
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)
My article was nonsense, according to Michael Pines? Well, that would certainly be disappointing, I wasn't aware that I had ever written an article that was considered nonsense by anyone. I'm not saying that everyone likes what I... (Continue reading)
It's not a matter of the Diunugala case being considered "binding authority," because it's not. But the question is, will other California courts consider the case persuasive... and tend to follow the more established case law. If that's... (Continue reading)
So, as a result of this now published decision by California's Court of Appeal, Mr. Glaski will now be allowed to return to state court to allege that his foreclosure was wrongful based on a challenge to the validity of... (Continue reading)
Known as the "statement of qualified holder," it doesn't require a lawyer to look at anything that shows the bank holds the original mortgage, but even more stunning is that it also provides lawyers with complete absolution from any wrongdoing... (Continue reading)
In all but a very small number of cases, homeowners have continued to find the courts either unwilling or incapable of dispensing what they would consider fair and just solutions, and while the federal government has remained essentially mute on... (Continue reading)
Wells Fargo "stepped up" with a $22,000 "gift." Is that how that should ideally be phrased? I suppose it's fine. But, having spent the last few days writing and talking about Norm Rousseau, who took his own... (Continue reading)
You're a liar, Wells Fargo. Either you knew you weren't going to approve their loan modification, or you're the most incompetent financial institution in the history of the world. And you don't just do this sometimes, you do... (Continue reading)
Zanides estimates that the bank has spent a significant amount already on legal fees and now is certain to spend a whole lot more. Patricia Martin's home is worth no more than $275,000. How can it be worth... (Continue reading)
Don't make this more complicated than it need be. If you came and repossessed my car but were NOT the person or entity holding my pink slip, then we had a phrase to describe that occurrence as well ...... (Continue reading)
California Senate Bill 729 failed to pass in the Senate Banking Committee for the second time in the last two weeks. In a related story, it seems that the rights of chickens have suffered yet another blow, with the Chicken... (Continue reading)
We're not people who simply decided to skip out on our mortgage. We did everything as upright and by the book as we were instructed to do by Chase yet we still lost our home. On the day they took... (Continue reading)