Tag Archives: foreclosure

Foreclose or not to Foreclose. Who do we Believe?

Fannie Mae in August issued a warning to the banks and companies who service their loans that if they don’t’ pick up the pace on the foreclosure process, they will be sued. Freddie Mac hasn’t officially issued a similar statement but you can bet it’s forthcoming. Here’s the confusing part of it all, the U.S. […]

Borrowers in Default Think Robo-Signing is Giving Them A Second Chance.

I came across a borrower, who is in default on their mortgage, who was excited about the robo-signning fiasco. She feels that now that her lender is reviewing her loan file to look at her modification, which was declined by her lender, will get a second look and will now be granted. She asked my […]