by Brian Mahany It’s been several months since we wrote a mortgage foreclosure post. Our hope was that the recent national settlements and court approved monitors would help big banks clean up their mortgage messes. Unfortunately, we see little progress. Although the total number of foreclosures is down, the ones that remain are often a […]
Common Mistakes Made by Homeowners Seeking HAMP Modification
by Brian Mahany Almost every day we are contacted by a potential client who was denied a HAMP mortgage modification. For those unfamiliar with HAMP, the program’s formal name is the Home Affordable Modification Program. The program was part of the stimulus bill in 2008. When Congress gave billions to Wall Street and big banks […]
More Ammo In The Fight Against Fraudulent Foreclosures
by Brian Mahany Over the last several months we have identified many of the legal mistakes made by big banks and loan servicing companies – mistakes that may allow the homeowner to avoid foreclosure or at least force lenders to negotiate a fair and equitable resolution. Today’s post examines loan bundles and improper mortgage assignment […]