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 ...
Some of the largest mortgage servicers are still fabricating documents that should have been signed years ago and submitting them as evidence to foreclose on homeowners. The practice continues nearly ...
ATLANTA,None — Channel 2 Action News has obtained a lawsuit that accuses a metro Atlanta business of churning out robo-signed foreclosure documents. Consumer investigator Jim Strickland obtained ...
Court papers filed earlier this month allege that Well Fargo regularly created fradulent documents to speed up foreclosure cases. Linda Tirelli, a bankruptcy attorney, filed papers at a New York ...
LITTLE ROCK — Bank of America Corp., one of the largest mortgage lenders in the U.S., said Friday that it will halt foreclosure sales in all 50 states as it reviews documents used to process ...
WASHINGTON -- The pace of U.S. home foreclosures may not slow much after all. Bank of America said Monday that it plans to resume seizing more than 100,000 homes in 23 states next week. It said it has ...
On the heels of recent disclosures that mortgage lenders have been using “robo-signers” to foreclose on homes without sufficient information, New York is instating a requirement that is meant to add a ...
WASHINGTON - Big lenders are trying to move past the foreclosure-document mess, saying they're now confident their paperwork is accurate. Yet they face so much organized resistance that they can't ...
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, without ...