Foreclosure Related News from Around the Country
Foreclosure related news from around the country: Bank of America Smacked with Foreclosure Fraud Lawsuits – implode-explode.com “Although Bank of America (BoA), along with other big banks like Wells Fargo, Citibank, Ally/GMAC and JPMorgan Chase, recently reached a very favorable settlement of potential criminal fraud charges related to their mortgage lending practices, two recently unsealed […]
Real Estate Law Questions: Can I Back Out Of My Purchase Contract After It Was Signed By the Seller?
The deed is done. The contract has been signed. Then something comes up which puts you in a bind. You’ve had a change of heart on the property or the money stream you thought you’d have is gone. But its too late, the deal is signed. You then begin to ask “Can I back out […]
Arizona Credit Union Squanders Member Funds
TruWest Credit Union is throwing away its members investments and forcing foreclosure on its own members’ loans, while acknowledging foreclosure alternatives such as short sale would mitigate its members’ losses. On March 13, 2012 attorney Alysse Medina of Collins, May, Potenza, Baran and Gillespie, P.C. informed an Arizona family on behalf of TruWest that their […]
Stepping In The Middle Of A Preforeclosure Procedure + MORE
Falling Home Prices are a Plus – eforeclosuremagazine.com When most people examine the current real estate market a few things become apparent. First and foremost, there has been a significant decline in home prices since 2006. Second, the foreclosure inventory is incredibly large. Finally, interest rates remain low. Immediately you are likely to see the […]
