Why Does My Lender Keep Rejecting My Loan Modification Application. What Am I Doing Wrong? Homeowners call us on a regular basis befuddled and confused. They claim their lender keeps rejecting their loan modification application. They believe they qualify for a loan modification. Yet, the lender keeps rejecting their loan modification application. In some cases, […]
American Homeowners Lost $1.3 Trillion Of Equity In Their Homes In The 3rd Quarter Of 2022 American Homeowners saw their home values peak in the second quarter of this year. Unfortunately, it was short lived. American homeowners lost nearly $1.3 Trillion in equity from July through September. The value contraction is a record according to […]
Citigroup Fined $8.6 Million By Federal Reserve For Robo-Signing Related Issues The Federal Reserve leveled an $8.6 million fine against CitiGroup on Friday. The Federal Reserve stated the fine was due to the “deficient execution and notarization of certain mortgage affidavits. The issue stems from Citigroup’s exit from the mortgage servicing business back in 2017. The […]
New York Non-Profit Westchester Residential Opportunities Busted Poaching Clients From Attorneys White Plains-based housing non-profit Westchester Residential Opportunities is in hot water. WRO is being accused of illegally poaching clients by multiple lawyers. New York foreclosure defense lawyers state their clients have been receiving letters and emails from WRO‘s Mortgage Default Director Veronica Raphael. A copy […]
Israeli Loan Modification Scam Operators Plead Guilty To Targeting Elderly People In Poor Health A father and son team of Israeli loan modification scam operators pleaded guilty to scamming old people in poor health. Herzel Meiri and his son, Amir pled guilty Tuesday to conspiracy to commit wire fraud and bank fraud. Federal prosecutors allege […]
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