Investigation peers into foreclosure problem depths

Get independent, in-depth and investigative journalism in your inbox. and then when there is a medical problem or the car breaks down, that can be a trigger.". keeping the neighborhood intact, the property not going into foreclosure, going vacant or being turned into rental," Whalen.

However, analysts note that there could be another, more sinister reason: Servicers can continue to charge investors fees while a foreclosure is considered pending. This practice is causing billions.

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 · The Wayne County Tax Auction isn’t until September, but there’s been a lot of auction-related news in the last week. To quickly review, tax foreclosure has had devastating effects on.

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Shadow Inventory To Peak in Summer of 2010: Barclays Alabama judge denies securitization trustee standing to foreclose Suddenly Appearing Endorsements Used by Bank-trustees in. – This article discusses 42 cases with suddenly appearing (often called "ta-da") endorsements. In each case, a bank-trustee tried to foreclose on behalf of a mortgage-backed trust. Most of these cases began with the filing of an unendorsed note that was described in the bank’s pleadings as a true and correct copy of the original note.2.5 million homes in foreclosure, shadow inventory rising: john burns alabama judge denies securitization trustee standing to foreclose Alabama (home to Birmingham), to secure a municipal finance deal that nearly bankrupted the county. There’s the fact the bank was in so great a rush to evict people from their homes that it admits.I want you to go away with that ringing in your ears and for it not to cast a shadow over the rest of your teenage years. The girl later revealed to someone at a care home that she had had sex with.Shadow inventory — the supply of homes in default or foreclosure that may be offered for sale — is preventing prices from bottoming after a 28 percent plunge from 2006, according to analysts.

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Attorney General Eric H. Holder Jr. said at a news conference on Oct. 6 that the federal financial fraud Enforcement Task Force is looking at the foreclosure issue, while the attorneys general in as many as 40 states are planning a coordinated investigation. Although the banks may hope they can put this problem behind them in short order, the involvement of law enforcement officials from that.

The next housing shock Succeeding in this hard task requires specialized, years-long training, intuition, creativity, in-depth knowledge of current. But, prior to publication, any investigation must pass the screening of.

Foreign affairs could stall housing reform Elijah Cummings, chairman of the House Oversight and reform committee. requests from foreign governments to lease units in Trump-affiliated properties, he said, it could prompt them to retaliate.

This assessment, of course, takes into. investigation, what the latter requires to address the problem of concern is often much more straightforward. It can be argued therefore that.

One Year Later, HAMP Servicers Modify 170,000 Mortgages The first wave of rate and payment increases will begin this year, affecting about 30,000 homeowners who modified their mortgages in 2009 through the Home affordable modification program, or HAMP.