Kwaku Atta Poku, the Columbia cab owner who lost his family’s townhouse to foreclosure after a refinancing, despite having made every mortgage payment, is to get another chance to present his case today in Maryland’s highest court.
In arguments that could change how lower courts handle foreclosure cases, attorneys for the immigrant from Ghana are fighting […]
Washington Mutual Loses Record Payments, Forces Foreclosure
January 15th, 2008 · No Comments
Tags: Foreclosure Information · Mortgage Legislation · Mortgage Litigation
Mortgage Fraud Trippled Since 2003, Convictions Doubled
January 15th, 2008 · No Comments
According to the USA Today, the FBI opened 1,210 mortgage fraud cases in fiscal year 2007, nearly triple the number of new cases in 2003. Convictions more than doubled from 123 in the 2006 fiscal year to 260 in 2007.
“We expect that number to increase again in 2008,” says FBI financial crimes section chief Sharon […]
Tags: Foreclosure Statistics · Mortgage Scams