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Entries Tagged as 'Mortgage Litigation'

Your Mortgage Company Out of Business? Still Have to Pay your Mortgage

September 25th, 2008 · 1 Comment

From CNN.com:  Americans should not stop paying their mortgages even if their mortgage companies are threatened because “your home and your mortgage are not affected by the fact that your mortgage company may go out of business,” CNN senior business correspondent Ali Velshi says.
If the mortgage company that holds my mortgage goes out of business, [...]

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Tags: Avoiding Foreclosure · Foreclosure Information · Mortgage Litigation

The Foreclosure Machine: Who’s Profiting from It All?

March 29th, 2008 · No Comments

NOBODY wins when a home enters foreclosure — neither the borrower, who is evicted, nor the lender, who takes a loss when the home is resold. That’s the conventional wisdom, anyway.
The reality is very different. Behind the scenes in these dramas, a small army of law firms and default servicing companies, who represent mortgage lenders, [...]

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Tags: Mortgage Legislation · Mortgage Litigation · Mortgage Scams

Fidelity National Information Services Sued for Adding to the Indebtedness of Homeowners

February 5th, 2008 · No Comments

According to the AP News, homeowners have sued Fidelity National Information Services Inc., a giant financial data-processing company, accusing it of raising the price that cash-strapped consumers must pay to avoid foreclosure of their homes.
The lawsuit, filed Jan. 16 in the U.S. bankruptcy Court in Houston, contends that Fidelity has conspired with mortgage-servicing companies and [...]

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Tags: Mortgage Litigation · Mortgage Scams