June 2010

Thousands of Americans expecting to keep their homes after starting trial modifications on troubled mortgages could wind up in foreclosure anyway, thanks to a murky technicality known as the investor-based denial.

According to the Federal Trade Commission in a recent Consumer Alert (“Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud”), foreclosure “rescue” businesses may use half-truths and outright lies to sell services promising mortgage relief.

Unlike the other American flags flying in Capt. Michael Clauer’s Frisco neighborhood, the one he flies actually fluttered over Iraq during his recent combat mission. Inside his home this Memorial Day, Clauer read some of the thousands of online comments [...]

An attempt to fix the sloppy legal work plaguing thousands of foreclosure cases in Florida has been ineffective, and has now caused a legal mess of its own. The Florida Supreme Court got tough on attorneys for banks and lenders [...]

ST. PETERSBURG, Fla. — For Alex Pemberton and Susan Reboyras, foreclosure is becoming a way of life — something they did not want but are in no hurry to get out of. Foreclosure has allowed them to stabilize the family [...]