Relevant:
- Lenders Trying to Sell Loans Free and Clear (Without Borrower Representation)
- GMAC's infighting stalls ResCap sale
- Homeowners’ Hard Times Are Good for the Foreclosure Business
- ResCap Wins Approval to Try to Sell Defaulted Loans
- Federal court ruling against MERS foreclosure in Oregon comes (again) as Republican lawmakers try to validate it
2012-09-25 — .
Once again a major lender, originator, servicer, and securitizers are attempting to sell loans free and clear and whitewash their liabilities. GMAC, RESCAP and affiliated entities are currently in over 1900 prepetition litigation cases nationwide, and it is too early to determine if they will abide by the nationwide settlement agreement.
There have
...
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
