Tag Archives: foreclosure abuses

Guest Post: THE MORTGAGE FOLLOWS THE NOTE . . . . . or Does it?

foreclosure and the mortgage follows the note

  Prior article at The Hallmark Abstract Sentinel: ‘The Foreclosure Process: What a difference a state makes!‘ THE MORTGAGE FOLLOWS THE NOTE . . . . . or Does it? By Charles Wallshein Esq. October, 2012, All Rights Reserved  Perhaps most frustrating for attorneys defending securitized mortgage foreclosures is not knowing the identity of the […]

Homeowners, banks and second mortgages!

Is there a loophole in the federal settlement with mortgage servicers that could spell trouble for the lenders holding second mortgages in distressed property? An article from The New York Times titled ‘The Second-Mortgage Shell Game‘ talks about the problem: “IN January, federal regulators announced an $8.5 billion agreement with 10 mortgage servicers to settle claims […]