Mortgage Foreclosure & Refinance Resource

Two lawsuits were filled today.
One against Federal Home Loan Mortgage Corporation, more commonly known as Freddie Mac, “secretly and intentionally participated in one of the largest housing investment deceptions in modern U.S. economic times,” Ohio Attorney General Marc Dann last Friday filed a securities fraud class action lawsuit in federal court in Youngstown, Ohio.

Florida’s attorney [...]

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Update: We missed this earlier from the announcement but Dodd also announced that Freddie Mac would purchase up to $20 billion in fixed-rate and hybrid Adjustable Rate Mortgage (ARM) products that will assist families affected by the subprime crisis and help make the market safer for all borrowers.
Senate Banking Committee Chairman Christopher Dodd proposed creating [...]

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In a case currently being litigated in Carlsbad, California the home buyers claims that the real estate agent hid the information that similar homes in the neighborhood were selling for less because he feared she would back out and he would lose his $30,000 commission and are now suing the agent, saying it was all [...]

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