The Mortgage Bankers Association has updated its list of contacts and servicers for properties in foreclosure. You can find this very helpful information at http://www.mbaa.org/IndustryResources/ResourceCenters/PropertyPreservationResourceCenter.htm There’s even a […]
Lis Pendens – Treasure Trove of Information
The other day one of the inspector’s I work with received a letter from a lender dismissively informing her that unless she provided proof via a recorded document […]
Demolishing Homes to Avoid Fines
In Victorville, CA a lender decided to tear down new homes and other structures that hadn’t been completed to avoid future fines from the local government for code […]
Top Sub-Prime Lenders Identified
The Center for Public Integrity has released a report showing who the top 25 sub-prime lenders were and how they were financed by the very banks receiving bailout […]
Underwater Homes Increase
The Wall Street Journal has an interesting story on “underwater” houses, those where the amount of the mortgage exceeds the value of the residence. It estimates that 1 […]
Contempt of Court
One of the most powerful tools that can be used to force compliance with the law is contempt of court. When someone wilfully disobeys a court order, that […]