Tag Archive

Feds to help borrowers prove foreclosure errors

Published on November 1, 2011 By admin

The following is brought to you by Steve Goldstein at MarketWatch.Com Some borrowers could get compensated if mistakes were made. Those who were foreclosed upon in 2009 and 2010 will be able to request an independent review to get compensated if errors were made, federal regulators said Tuesday. The reviews apply to 14 banks that […]

Banks beware: Time is ripe for MBS breach-of-contract suits

Published on September 21, 2011 By admin

The following article is brought to you by Alison Frankel’s “On The Case”, at ThomsonReuters.Com Over the last couple of months Bank of America has taken a stock market and regulatory beating so brutal that it’s reportedly considering the previously unthinkable option of putting Countrywide into Chapter 11. BofA’s mortgage-backed securities exposure seems to have […]