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Tag Archives: robo-signing
The Shortcomings of the $25-Billion Foreclosure Settlement
There is a very good article in the Los Angeles Times on Wednesday, March 7, 2012, by Michael Hiltzik following-up on the $25-billion foreclosure settlement. Nearly one month after Washington unveiled the deal on Feb. 9, the specific terms of … Continue reading
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Tagged Ally, Arthur Wilmarth, Bank of America, Federal Reserve Board, George Washington University Law School, HAMP, Home Affordable Modification Program, J.P. Morgan Chase, JPMorgan Chase, Michael Hiltzik, Office of the Comptroller of the Currency, robo-signing, Treasury Department, Well Fargo
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The Future of our Housing Market
The Mortgage Electronic Registration Systems (MERS) is an American privately held company that operates an electronic registry designed to track servicing rights and ownership of mortgage loans in the United States. Never heard of MERS? Read The New York Times’ … Continue reading
Is the Housing Picture Getting Brighter?
I am certain everyone affected by the economic and housing crisis is feeling a little vindicated that irresponsible lenders are starting to be held accountable for their actions. The $25 billion settlement recently reached is not the end, but the … Continue reading
Lily Nyland 