Now Its Mortgage Insurers Going After Homeowners

Homeowners Are Getting Big Bills For-Houses Already Taken In Foreclosure Jenifer McKim and Jess Aloe, Boston Globe When Guillermo Galindo lost his two-family Revere home to foreclosure in 2009, the soft-spoken Colombian thought he had finally freed himself from the flood of threatening collection letters from his lender and a ballooning, untenable debt. All of […]

Elizabeth Warren

4 Bankers Get Slapped By A Woman In Massachusetts

Four Banks Reach $2.7 Million Settlement With Massachusetts AG Martha Coakley Over Foreclosure Violations Massachusetts AG Martha Coakley has forced four national banks to pay a combined $2.7 million. Coakley claims they are penalties for unlawfully foreclosing on properties in Massachusetts. Coakley accused Bank of America, Citi, JPMorgan Chase, and Wells Fargo of violating Massachusetts foreclosure laws and the Massachusetts […]

Foreclosure Mill Connolly, Geaney, Ablitt & Willard Getting Evicted For Not Paying Rent

Massachusetts Foreclosure Mill Connolly, Geaney, Ablitt & Willard In Financial Disarray And Facing Eviction Brandon Gee, Massachusetts Lawyers Weekly A law firm that profited for years by helping banks foreclose on Massachusetts homeowners is learning what it feels like to be on the receiving end of the boot. Woburn-based Connolly, Geaney, Ablitt & Willard employed approximately […]

Massachusetts AG Coakley Threatens To Bitchslap FHFA With Lawsuit

GSEs in violation of law designed to keep homeowners in homes Ben Lane, Housing Wire Less than one month into the job, and just one day after his first extensive public comments, Federal Housing Finance Agency Director Mel Watt has a serious problem in the form of Massachusetts Attorney General Martha Coakley. Coakley directed a letter to Watt […]

New Laws Prohibiting Dual Tracking in the Foreclosure Context

 Amy Loftsgordon, Nolo Dual tracking occurs when a mortgage holder continues to foreclose on a homeowner’s home while simultaneously considering the homeowner’s application for a loan modification. In the past, dual tracking was common. However, new rules issued by the Consumer Financial Protection Bureau (CFPB) as well as various state laws and the National Mortgage Settlement (NMS) […]

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