By GRETCHEN MORGENSON Published: February 28, 2009 WE are all learning, to our deep distress, how the perpetual pursuit of profits drove so many of the bad decisions that financial institutions made during the mortgage mania. But while investors tally the losses that were generated by loose lending so far, the impact of another lax [...]
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If you have other questions or wish to suggest a new category, just let me know and I’ll post one. Thanks, Charles
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Brief loan modification Q&A is located here: Loan Modification Q&A Watch out for “servicer” actually having legal “standing” to do a modification! See www.BayLiving.com/california-loan-modification for more information
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Here is a brief Q&A for short sales: California Short Sales Or see: www.BayLiving.com/california-short-sale
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Here is the judgment and injunction: Countrywide Judgment
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Copy of the complaint against Countrywide is here: California v. Countrywide Complaint.pdf
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Jessica McGowan for The New York Times Mamie Ruth Palmer won a fight against the Bank of New York, which tried to foreclose before it owned the note on her house. By GRETCHEN MORGENSON Published: July 27, 2008 MAMIE RUTH PALMER isn’t a celebrity. People magazine doesn’t chronicle her every move. The paparazzi don’t wait [...]
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