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Foreclosure News
February 1, 2012ASU law student to argue case before Arizona high courtAZ Central.com Frank "Kyle" Robertson will appear before the Arizona Supreme Court representing the Homeowner Advocacy Unit at the Sandra Day O'Connor College of Law, Southern Arizona Legal Aid and Jean Braucher, a law professor at the University of Arizona. January 30, 2012State Senate votes to extend mortgage protectionsSan Francisco Chronicle California lawmakers voted to extend a law passed during the peak of the mortgage crisis that provides added protections for property owners, renters and neighbors of foreclosed properties... January 28, 2012$25 billion mortgage settlement in worksAtlanta Journal Constitution The five largest U.S. mortgage lenders have agreed to a $25 billion settlement over foreclosure practices, but with scant details, consumer advocates in Georgia say they have concerns about its effectiveness... January 27, 2012Tips for Short Sale SellersJD Supra (press release) Short sales are growing in popularity as lenders and borrowers are striving to avoid the foreclosure process. Because the market is flooded with homes for sale, it is imperative that the seller make their home more attractive to buyers interested in a short sale. Below are a few tips for the seller of a short sale home:.. January 26, 2012Combs: Lender can't sue for deficiencyAZ Central.com Protection from personal liability for homeowners is limited to mortgage loans used to purchase the home. In other words, a purchase money mortgage lender cannot sue for a deficiency after foreclosure, nor file a collection lawsuit for the amount of the loan. January 24, 2012Bills aim to correct flaws in foreclosure lawHonolulu Star-Advertiser A handful of bills dealing with home foreclosures in Hawaii have been introduced at the state Legislature this year, including one that would have the state pay off troubled mortgages, then rent or sell the homes back to occupants. January 7, 2012Mortgage Fraud Suit Can Proceed, Appeal Court RulesLaw.com SAN FRANCISCO — The Sixth District Court of Appeal tossed out a summary judgment for Citibank and a loan servicer in a foreclosure case on Wednesday, giving a plaintiff another shot to prove he was a victim of predatory lending. January 6, 2012Nevada homeowners file class-action lawsuit over foreclosure robosigningsVEGAS INC Lender Processing Services Inc., the company targeted by Nevada’s attorney general in a foreclosure robosigning investigation, has been hit with a class-action lawsuit filed by Las Vegas and Henderson homeowners... January 4, 2012Foreclosed Homeowners Sue Mortgage GiantsCourthouse News Service In a federal class action, foreclosed homeowners sued Fannie Mae, Freddie Mac and other "leading providers of residential real estate mortgages," claiming their disregard for underwriting standards caused the mortgage meltdown, which brought more than 930,000 foreclosure filings in the third quarter of 2010 alone... January 4, 2012Special Report: The watchdogs that didn't barkReuters To date the only step it has taken publicly was an October 2011 civil settlement with New York State's largest foreclosure law firm. The Steven J. Baum PC law firm, based near Buffalo, New York, in recent years filed approximately 40 per cent of all ...
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