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Tag Archives: State Attorneys General
Attorneys General Hope to Lure California Back into Foreclosure Settlement
When California attorney general Kamala Harris left the negotiations table with the big banks earlier this fall, many people believed that the national coalition of state attorneys general that had been struggling to reach a settlement with big banks over … Continue reading
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Tagged Advocacy Groups, Ag Settlement, Ags, Assent, california, California Ag, California Attorney General, California Foreclosure, California Real Estate, Community Organizations, condos, Foreclosure California, homes, Iowa Ag, Kamala Harris, La Times, Meyerson, National Coalition, Negotiations, news, Oe, Placing The Blame, Powerhouse, Real Estate, real estate business, Real Estate News, State Attorneys General, Tom Miller, townhomes
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Refi’s in Big Bank Foreclosure Settlement: Not Worth It
It is now almost exactly a year since news headlines screamed of a scandal at the big banks involving faulty foreclosure paperwork and fraud. Stories of one lowly bank clerk sitting in a room signing hundreds of foreclosure documents added … Continue reading
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Tagged Bank Foreclosure, Blame Game, Borrowers, California Ag, California State Attorney General, condos, Corelogic, Fannie Mae, Fannie Mae And Freddie Mac, Final Phase, Finite Number, Freddie Mac, Furor, homes, Mortgage, news, News Headlines, Nomenclature, Real Estate, real estate business, Real Estate News, Refi, Sitting In A Room, State Attorney General, State Attorneys General, townhomes, Wall Street Journal, Wsj Article
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Foreclosure Fight Needs to Find Fast Answers
As federal regulators clamp down on foreclosure procedures at the big banks, and the government sets new lender requirements for risk retention in residential mortgages, the cry from the industry is that this will only hamper the housing recovery and … Continue reading
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Tagged Borrowers, Capitol Hill, condos, Consumer Advocates, Default Rates, Equity Requirements, Flank, Home Ownership, homes, Inaccurate Assumptions, Inaccurate Conclusions, Meaningful Impact, Mortgage, Mortgage Bankers Association, Mortgage Interest Rates, Mortgage Principal, National Association Of Home Builders, news, Real Estate, real estate business, Real Estate News, Residential Mortgages, Responsible Consumers, Risk Retention, State Attorneys General, State Group, Tom Miller, townhomes
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Robo-Settlement Snags
Word was last week that federal banking regulators, not the state attorneys general, were going to announce some kind of “enforcement action” against 14 big banks/servicers in the so-called “robo-signing” foreclosure paperwork mess today or tomorrow. Now I’m told that … Continue reading
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Tagged Ags, Basis Points, Borrowers, Columbia Business School, condos, Constituents, Consumer Spending, Financial Markets, Foreclosure, Gist, Higgens, homes, Joseph Mason, Kansas State, Monetary Settlement, Mortgage, Mortgage Interest Rates, Negative Consequences, New Home Construction, news, Real Estate, real estate business, Real Estate News, School Of Business, Snags, State Attorneys General, townhomes, Wharton School Of Business
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