Here are some headlines that are grabbing the attention of mortgage lenders. As you can see they have good reason to be scared. It may not look like it and they might not act like it, but you have the upper hand now on your mortgage whether it is in default, foreclosure, sale, eviction or not. There are claims to be made for refunds, damages and modifications. Research this site and learn how. But by all means start with a mortgage audit for Truth in Lending Act (TILA) violations.
Tsunami of Subprime Litigation There were 170 subprime-related lawsuits filed in federal courts during the first quarter, Navigant Consulting Inc. reported Wednesday. Compared to the previous “busiest quarter,” first-quarter cases were 85 percent higher, the report indicated. Mortgage Leads Litigation Merrill Disputes FF Repurchase Losses Q1 2008 Mortgage Litigation Report Former Fannie Execs Settle for $31 Million Fla. Firm Bankrupt More Judges Hold Up Ohio Foreclosures Subprime Lawsuits Spread Beyond Lenders Judge Rules Against Countrywide on BK Examination $2.2 Million Judgment Against Chase |
Filed under: bubble, CDO, Eviction, foreclosure, GTC | Honor, inflation, Investor, Mortgage, politics | Tagged: countrywide, foreclosure defense, foreclosure litigation, foreclosure offense, JP Morgan Chase, Wells Fargo |
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