Category Archives: Mortgage Scam

Foreclosure Mill Mock Those Who Lost Homes

Posted on October 30, 2011 by Roland Kedikian

The law firm of Steven J. Baum threw a Halloween party. The firm, which is located near Buffalo, is what is commonly referred to as a “foreclosure mill” firm, meaning it represents banks and mortgage servicers as they attempt to … Continue reading →

Posted in Forclosure, Mortgage, Mortgage Relief, Mortgage Scam | Comments Off

Numbers Up, But Mortgage-Relief Effort Still Falters

Posted on October 6, 2011 by Roland Kedikian

It’s pretty obvious that the Obama administration’s main mortgage-assistance effort has been inadequate to deal with the massive repercussions of the housing market’s collapse. That being said, the program is still inching along, providing some homeowners with a measure of … Continue reading →

Posted in Forclosure, interest rates, Mortgage, Mortgage Relief, Mortgage Scam | Comments Off

JPMorgan, BofA sued over mortgage debt losses

Posted on October 1, 2011 by Roland Kedikian

JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks. The plaintiff Sealink Funding Ltd said … Continue reading →

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Mortgage Relief Scams Proliferate After Recession

Posted on September 26, 2011 by Roland Kedikian

From the looks of the mortgage relief companies Christopher Mallett has marketed in recent years, offering lower payments and new loan terms to troubled homeowners, one might easily get the impression that he has the backing of the federal government … Continue reading →

Posted in Forclosure, money, Mortgage, Mortgage Relief, Mortgage Scam | Comments Off