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White House is Prodding Mortgage Servicers to Modify More Loans

It looks like mortgage servicers are going to woodshed for deliberately not modifying mortgages and allowing foreclosures to sore! its about time! Here is the letter that Treasury Secretary Timothy...

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Lemonade Courtesy of the FHA: 90 Day Anti-Flipping Restriction Waived

Great news for real estate investors and flippers who were once restricted with the 90 day FHA anti-flipping regulations. Due to the increase in the volume of foreclosures over the past two years, the...

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Week In Review: Foreclosure Judge Slammed, Bank Settlement Close? and So....

Florida Homeowner Slams Judge Hearing 300 Cases In the absolutely-not-surprising-in-any-way file, one of the 300 homeowners who went before a Seminole County judge during a three day session this week...

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Will Obama Target Housing Crisis During State Of The Union?

We really haven’t seen President Obama insert himself directly into the housing crisis, but there are rumblings that he may do just that during Tuesday’s State of The Union address. The fact is that is...

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Robosigning Exposed in HUD Audits

Well what do you know. Earlier this week I blogged about the mortgage settlement documents and their stunning lack of detail on the frauds committed by the banks during the days of robosigning. I was...

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Loan and Mortgage Servicers get “schooled” by HUD this summer

School isn’t the only thing that’s out for the Summer. As it turns out, loan and mortgage servicers are getting “schooled” by HUD this Summer. U.S. Dept. of Housing and Urban Development,  HUD makes...

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