Mortgages & Foreclosures. Legal news and articles for February 28 - 29, 2012

Ocwen-Linked Firm Falls in IPOFORECLOSURE FIGHTERS AND HOME OCCUPIERSCalifornia Democrats propose "Homeowners Bill of Rights"Wells Fargo Shareholder Report Reveals Information on Foreclosure Fraud SettlementDetails Ad Id 1313114Church will fight foreclosureForeclosure talks break down in Oregon legislatureHistoric black church faces foreclosureLearning From the Tea PartyNew Jersey's looming foreclosure crisisForeclosure Resistance: A PrayerForeclosure talks break down in Ore. LegislatureBofA, News Corp., JPMorgan, Apple, Monsanto in Court News'Sex and the City' star David Eigenberg joins NBC pilot 'Chicago Fire'Foreclosure talks break down in Ore. Legislature

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Rajat Gupta, JC Flowers, Muni Bonds, Full Tilt Poker: Compliance
BusinessWeekFebruary 1, 2012

The government also said yesterday that the insider-trading conspiracy continued beyond when Gutpa's lawyer has said his client's friendship with Rajaratnam deteriorated. Gupta still faces the same charges, five counts of securities fraud and one count ...more »

Missouri's Top Ten Scams for 2011
Kansas City infoZineFebruary 1, 2012

“Federal laws limit how far debt collectors can go to pursue debt,” Koster said. “Your best protection against harassing and abusive calls from debt collectors is to know your rights. The Federal Trade Commission provides a debt collection guide for ...more »

Mortgages & Foreclosures. News and Stories

Ocwen-Linked Firm Falls in IPO
Wall Street JournalFebruary 29, 2012

But anything that lengthens the foreclosure process increases the amount of servicing advances that must be made, and increases the time it takes to get reimbursed. Foreclosures timelines have generally been increasing over the past two years amid an ...more »

FORECLOSURE FIGHTERS AND HOME OCCUPIERS
The Bay Citizen (blog)February 29, 2012

In conjunction with Aequitas Compliance Solutions of Newport Beach, Ting's office sampled 2405 foreclosure sales between January 2009 and October 2011. In each of 382 records at least one violation of law was exposed. Ting cited 'suspicious activities' ...more »

California Democrats propose "Homeowners Bill of Rights"
San Gabriel Valley TribuneFebruary 29, 2012

Proponents of the six new bills assert that the legislation will increase fairness within the mortgage industry and foreclosure process. The laws would increase the attorney general's power to investigate and prosecute real estate fraud partly by ...more »

Wells Fargo Shareholder Report Reveals Information on Foreclosure Fraud Settlement
FiredoglakeFebruary 29, 2012

It's embarrassing that the most information we've yet received about the foreclosure fraud settlement comes from an annual report to stockholders by Wells Fargo. In other words, we had to wait for the banks to tell us what was in the settlement, ...more »

Details Ad Id 1313114
Jacksonville Daily NewsFebruary 29, 2012

Said property is also being sold subject to applicable Federal and State laws. A cash deposit or cashier's check (no personal checks) of five percent (5%) of the purchase price, or seven hundred fifty dollars ($750.00), whichever is greater, ...more »

Church will fight foreclosure
Boston HeraldFebruary 29, 2012

Cooper said privacy laws blocked him from releasing details of the church's account but said that “it is not the practice of this bank to take steps to foreclose (in) the absence of a borrower's default.” Parishioners say they're praying Charles Street ...more »

Foreclosure talks break down in Oregon legislature
Ontario Argus ObserverFebruary 29, 2012

They agreed, however, that they couldn't reach consensus on the role that financial counselors should play in the foreclosure process and whether borrowers should be able to force their lender into mediation. Democrats said all struggling homeowners ...more »

Historic black church faces foreclosure
Boston HeraldFebruary 29, 2012

Cooper said that while privacy laws prohibit him from publicly discussing the church's loan, “it is not the practice of this bank to take steps to foreclose on a mortgage in the absence of a borrower's default.” He added that OneUnited is “flexible in ...more »

Learning From the Tea Party
Huffington PostFebruary 28, 2012

Looking at the role the Tea Party movement plays in the Republican presidential nominating process, it is hard not to be envious. In contrast to the Right's clout in the GOP, the Tea Party's progressive counterpart -- Occupy Wall Street (OWS) ...more »

New Jersey's looming foreclosure crisis
Newsworks.orgFebruary 28, 2012

Those findings are "totally in line with everything we see here," said Professor Linda Fisher of the Seton Hall Law Center for Social Justice. "The percentages are overwhelming. Anyone who does this [foreclosure law] here will tell you that.more »

Foreclosure Resistance: A Prayer
Huffington Post (blog)February 28, 2012

Bureaucrats process so many foreclosures they bungle or forge papers, breaking laws that require foreclosure review. This collection of automatic methods for disposing with 11 years of a person's careful investment has been called "robo-signing."more »

Foreclosure talks break down in Ore. Legislature
CBS NewsFebruary 28, 2012

They agreed, however, that they couldn't reach consensus on the role that financial counselors should play in the foreclosure process and whether borrowers should be able to force their lender into mediation. Democrats said all struggling homeowners ...more »

BofA, News Corp., JPMorgan, Apple, Monsanto in Court News
BusinessWeekFebruary 28, 2012

By Elizabeth Amon (Updates with BofA in Top section, BB&T in Lawsuits, US Bank in Trials and Madoff in Litigation Departments.) Feb. 28 (Bloomberg) -- Bank of America Corp. and a group of investors that reached an $8.5 billion mortgage-bond settlement ...more »

'Sex and the City' star David Eigenberg joins NBC pilot 'Chicago Fire'
Digital SpyFebruary 28, 2012

When he loses his home due to foreclosure, the character is forced to move in with his in-laws. Best known for playing Steve Brady in HBO's Sex And The City and its film spinoffs, Eigenberg's recent credits include episodes of Castle, Justified and ...more »

Foreclosure talks break down in Ore. Legislature
Wisconsin Rapids TribuneFebruary 28, 2012

They agreed, however, that they couldn't reach consensus on the role that financial counselors should play in the foreclosure process and whether borrowers should be able to force their lender into mediation. Democrats said all struggling homeowners ...more »

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