Category Archives: foreclosure

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 […]

Buyers are not afraid of buying bank REO’s! (chart)

Despite the questions swirling around foreclosures, the survey says that the majority of Americans are still willing to buy Over the last few months The Hallmark Abstract Sentinel as well as the partners of Hallmark Abstract Service have tried to outline all of the issues that exist in the world of foreclosures that can potentially […]

Hallmark Abstract on the radio

Hallmark Abstract on the radio Discussion of foreclosure, robo-signing, standing, MERS and more Michael Haltman will be appearing on The Real Wealth Radio Show hosted by Kathy Fettke on 1220 KDOW in San Francisco. The show will cover some of the many issues surrounding foreclosures, and can be heard live at 1:00 PM EST by […]

Non-securitized mortgage flow chart

Exploring the current foreclosure crisis One of the major issues that will be in the spotlight moving forward will be the foreclosure of mortgages that were bundled and sold as REMIC’s, mortgage backed securities (MBS), and collateralized mortgage obligations (CMO’s). It is likely that for many of these mortgages that were sold and then resold, […]

Foreclosure opinion from ALTA

The Docket: Ibanez Ruling Spells Out Proper Foreclosure Procedure January 18, 2011 The Docket is a monthly TitleNews Online feature provided by ALTA’s Title Counsel Committee that reviews significant court rulings and other legal developments, and explains the relevance to the title insurance industry. Citation: U.S.National Bank Association, trustee vs. Antonio Ibanez (and a consolidated […]

Potential Remedies To Foreclosure

There are few developments more devastating than the prospect of losing your home. The fact of the matter is that under certain circumstances foreclosure can potentially be averted, and the home retained. The list below offers some of those options that can be explored. As in any financial decision, an advisor that you can trust […]