If the states have their way, mortgage companies will have to revamp the way they handle foreclosures, pay penalties for violations and expand help to homeowners on the verge of foreclosure.
The top law enforcement officials of states around the country are already weighing the outlines of a potential settlement with the industry, said Iowa Attorney General Tom Miller, who will lead the investigation. The inquiry will be announced Wednesday morning.
http://www.aolnews.com/nation/article/states-to-unveil-joint-probe-into-foreclosures/19672006
http://www.FamilyMaritalLaw.com
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- Since 1997 we are Tampa attorneys practicing exclusively in Divorce, Family, Adoption, Bankruptcy & Mediation Services: practicing in Tampa, Riverview, Brandon, Valrico, Lithia and all of Hillsborough County as well as for bankruptcy in all counties in the Tampa Division of the Middle District of Florda: Hillsborough, Pinellas, Manatee, Sarasota, Hardee, Hernando, Polk, and Pasco Counties. Our lawyers have experience practicing in contested and uncontested divorces, including military divorces, and family law, child support, child custody and visitation, relocation of children, alimony, domestic violence, distribution of assets and debts, retirement/pensions (military and private), enforcement and modification of final judgments, paternity actions, adoptions, and name changes. We offer a free consultation and we are happy to discuss your case. Call or email to schedule a consult. Our representation of our clients reflects our dedication to them.
Wednesday, October 13, 2010
Friday, October 8, 2010
Bank of America Halts Foreclosures in 50 States
WASHINGTON – Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday became the first bank to stop sales of foreclosed homes in all 50 states.
The move, along with another decision on foreclosures by PNC Financial Services Inc., adds to growing concerns that mortgage lenders have been evicting homeowners using flawed court papers.
See the following link:
http://news.yahoo.com/s/ap/20101008/ap_on_bi_ge/us_foreclosure_mess
http://www.familymaritallaw.com/CM/Bankruptcy/Foreclosure-What-Are-YourRights.asp
The move, along with another decision on foreclosures by PNC Financial Services Inc., adds to growing concerns that mortgage lenders have been evicting homeowners using flawed court papers.
See the following link:
http://news.yahoo.com/s/ap/20101008/ap_on_bi_ge/us_foreclosure_mess
http://www.familymaritallaw.com/CM/Bankruptcy/Foreclosure-What-Are-YourRights.asp
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