Feature Headlines

Return regurally for the latest articles and featured reprints from some of the most authoratative sources in the foreclosure defense and banking industry.

Court rules bank must prove ownership

Published: Sunday, 31 October 2010
Written by William E. Lewis Jr.

Foreclosure Help:

Foreclosure defense: Court rules bank must prove ownership

Following foreclosure moratoriums by PNC Bank, Bank of America, J.P. Morgan Chase, and Ally Financial, the settlement of deceptive marketing charges by Wells Fargo Bank, and the Attorney General's investigation into faulty foreclosure practices at the Florida Default Law Group, the Law Offices of Marshall C. Watson, P.A.; the Law Offices of David J. Stern, P.A.; and Shapiro & Fishman, LLP., a Florida court ruled that banks must provide evidence of ownership when attempting to foreclose on a property.

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Foreclosure Help: Unorganized Banks Causing Mistaken Foreclosures

Published: Monday, 27 September 2010
Written by Paul Kiel, ProPublica

Foreclosure Help:

Homes can be lost by mistake when banks miscommunicate

Last November, Michael Hill of Lexington, S.C., finally got the call he'd been waiting for. Congratulations, a rep from JPMorgan Chase told him, your trial mortgage modification is approved. Hill's monthly payment, around $900, would be nearly halved.

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Company Stops Insuring Titles in Chase Foreclosures

Published: Saturday, 02 October 2010
Written by DAVID STREITFELD

Foreclosure Help

Company Stops Insuring Titles in Chase Foreclosures

A major title insurance company has stopped insuring homes foreclosed by JPMorgan Chase, another sign that the controversy over the legal practices of the big lenders is starting to influence the housing market.

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Forgeries mar foreclosure process

Published: Thursday, 23 September 2010
Written by Ariana Eunjung Cha and Brady Dennis

Foreclosure Help

Amid mountain of paperwork, shortcuts and forgeries mar foreclosure process

The nation's overburdened foreclosure system is riddled with faked documents, forged signatures and lenders who take shortcuts reviewing borrower's files, according to court documents and interviews with attorneys, housing advocates and company officials.

The problems, which are so widespread that some judges approving the foreclosures ignore them, are coming to light after Ally Financial, the country's fourth-biggest mortgage lender, halted home evictions in 23 states this week.

Read more: Forgeries mar foreclosure process