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Home Equity Theft Reporter The state Department of Justice filed a brief in the 9th U.S. Circuit Court of Appeals, arguing that the mortgage electronic registration systems, or MERS , can’t stand in for lenders when it comes to county records in what’s called "a non-judicial foreclosure" — one that does not go through court.
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The Home Equity Theft Reporter: Homeowners Beat Banks To Court As South Florida Attorney Files 25 Federal Suits Alleging Fraud, Violations Of Lending Laws; Seeks To Undo Lousy Loans Want justice!? Report any scam, fraud, complaint or review on any type of company, individual, service or product here.
The Arizona Attorney General also scored a victory in an earlier case (see Arizona Foreclosure Rescue Operator Ordered To Pay $1.2M In Home Sale, Leaseback Program) in which a foreclosure rescue operator, in lending money to more than 60 homeowners facing foreclosure or in need of money, designed its loans, which it called reverse sales, to.
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$39M Settlement Reached for Mortgage Insurance Kickbacks in Florida, New Jersey | Daily Business Review This report examines the developing "ecosystem" of the plaintiffs’ bar, including litigation trends, key lawyers and target industries. The report also looks beyond litigation to examine how the plaintiffs’ bar is attempting to influence public policy and implement a liability-expanding agenda.