Mortgage Servicing Fraud occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Protecting marketable title will bolster business creation by facilitating entrepreneurs mortgages on their own homes; these historically have provided up to 70% of the credit for new U. Judicial Foreclosure will prevent foreclosures by those with no authority to foreclose, and prevent clouds on title presently created during non-judicial foreclosures. Please contribute to the Massachusetts Alliance Against Predatory Lending.CFPB Sues Ocwen for Failing Borrowers Throughout Mortgage Servicing Process Mortgage Servicers Widespread Errors, Shortcuts, and Runarounds Cost Borrowers Money, Homes WASHINGTON, D. The Consumer Financial Protection Bureau (CFPB) today sued one of the countrys largest nonbank mortgage loan servicers, Ocwen Financial Corporation, and its subsidiaries for failing borrowers at every stage of the mortgage servicing process... MAAPL needed to break this powerful constitutional lawsuit into two pieces.Clarifying Municipal Authority (S884/H1115) Sponsors: Sen. Post-foreclosure tenants can be evicted only for just cause.Real Estate Title Protection Act (H3500) Sponsors: Rep. Mark Fact Sheet on this Bill ( PDF ) This Bill protects real estate titles; its provisions ensure, for instance, that the mortgagor (borrower) can always tell who owns the mortgage, and require the Mortgage Note to be returned to the mortgagor, marked Paid in Full, upon payoff. Smizik Fact Sheet on this Bill ( PDF ) This Bill requires foreclosure of 1-4 family homes to be conducted through a court action. to the clinics that have been scheduled across the state.
Those fighting foreclosure can also call in any Sunday night, RIGHT NOW, we need you to be the arms and voices to reach folks who are alone, feeling isolated and ashamed.
The Court finds Defendant Wells Fargo's attitude toward Plaintiffs unfathomable.
The incredible effort made by Plaintiffs to keep the property they so clearly love should have been commended, not condemned.
To challenge it and file that more fundamental suit in the Massachusetts Supreme Judicial Court, MAAPL must now raise the rest of the ,400 to cover its separate filing fee and pay the lawyer who did the majority of the (fabulous) writing. The stories Ive heard at our outreach clinics have been horrifying: one couple was pressured into a cash for keys deal when their brother had just been found dead in the house while trying to help them pack up!
But weve also received profound thanks: seen people cry on someones shoulder in appreciation and then watched them walk out of the clinics with heads high, empowered to fight back.
And special shout out to the Green-Rainbow Party for their additional solicitation!