Category Archives: foreclosure fraud

60 Minutes and the foreclosure crisis: What Sentinel readers already knew

The foreclosure crisis, MERS, issues of standing, robo-signing, fraudulent notarizations and more! @font-face { font-family: “Cambria”; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 10pt; font-size: 12pt; font-family: “Times New Roman”; }div.Section1 { page: Section1; } This Sunday on “60 Minutes“ Foreclosures 
As more and more Americans face mortgage foreclosure, banks’ crucial ownership documents for the […]

AG-Mortgage Servicers term-sheet; A non-starter?

@font-face { font-family: “Cambria”; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 10pt; font-size: 12pt; font-family: “Times New Roman”; }div.Section1 { page: Section1; } March 7, 2011 a term-sheet for a settlement with the mortgage servicers was released by all the 50 states attorney’s general. A first blush analysis of this proposal made the reader think […]

More attorney fallout from the foreclosure crisis

Freddie Mac is dropping one of the law firms in Florida that is under investigation for the handling of home repossessions. The Marshall C. Watson Law firm Will the removal of files from law firms around the country become more of the rule than the exception as improprieties continue to be exposed? This from the […]

MERS takes a hit in N.Y. decision In re: Ferrel L. Agard in the Bankruptcy Court in the Eastern District of New York

While this decision does not help Ms. Agard (due to Res judicata) it does seriously call into question the validity of MERS assigning mortgages on behalf of its members/lenders. These are some excerpts from the decision which can be read in its entirety here. “…The Court recognizes that an adverse ruling regarding MERS’s authority to […]

New Jersey foreclosure reversed: Reason, lack of standing!

Standing to foreclose rears it’s head, this time in New Jersey In what seems to be playing out more and more often, an already decided foreclosure, this time in New Jersey was reversed because the foreclosing lender, Wells Fargo, could not prove that it had the standing to foreclose. The decision came down on Friday […]