Bank Foreclosure Scandal

It’s safe to buy a previously foreclosed-upon house if title insurance is available on it, experts say. The “robosigning” scandal – in which banks and law firms cut corners on foreclosure.

Wells fargo faces scandal for Illegal Foreclosing 400 Homes – Wells Fargo Faces Scandal for Illegal Foreclosing on 400 Homes. In a quarterly report filed Friday, Wells Fargo disclosed that it illegally foreclosed on 400 families after denying modifications to qualifying homeowners.. Wells Fargo conducted an internal review which found 625 customers were denied modifications despite qualifying for relief – and that 400 of these homeowners lost their.

Wells Fargo slapped with another Mississippi lawsuit over a home. – Federal lawsuit accuses Wells Fargo of unlawful foreclosure of. rocked with scandal over the last couple of years for creating fraudulent bank.

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Foreclosure Frauds Keeps Happening Every Day – The Intercept – David Dayen's new book is about three fraudulent-foreclosure victims who. in the mistaken belief that they wrapped up a scandal that just goes on and on.. Tran says that he discovered that the bank routinely foreclosed on.

Investment products and services are offered through Wells Fargo Advisors. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.

Bank of America agrees to record $17bn settlement over. – The banks defrauded investors about the condition of the loans, which led to billions in losses while millions of Americans lost their homes to foreclosure. Three quarters of the loans in question came from Countrywide Financial, which Bank of America acquired in 2009, along with Merrill Lynch.

The Back Story: California Foreclosure Scandal – Tip of. – We imagine this particular court case is just the tip of the Iceberg as it relates to the foreclosure scandal as a whole within California.. This option and agreement were sold without the approval or knowledge of the co-tenant investor or Bank of America, the Bank holding the mortgage on the property. The option was a right of first refusal.

Banks in $8.5 bln foreclosure abuse settlement – MarketWatch – Banks in $8.5 bln foreclosure abuse settlement By. and the robo-signing scandal — the practice of assigning bank employees to rapidly approve numerous foreclosures with only cursory glances at.

Mortgage Foreclosure Action Barred by Statute of Limitations Based On Prior Involuntary Dismissal Without Prejudice Community Outreach – Royal United mortgage llc controversial Group Removes Board Names From Website Amid. – A controversial charity-leadership group that has blanketed nonprofit workers nationwide with emails soliciting membership for its Board of Governors recently removed the list of governors from its website and suggested it would take legal action against The Chronicle if it published a saved version of the list.Bank of New York Mellon v. Citibank, N.A. – The demurrers alleged that all of appellant’s causes of action were barred by the three-year statute of limitations in Code of. be injured by the revival of the first mortgage are involved; and no.

Bank makes deal with Scott and Jill Kelley to stop mansion’s foreclosure – TAMPA — Thanks to a deal with the lender, Jill and Dr. Scott Kelley are not going to lose their Bayshore Boulevard mansion to foreclosure. The couple, who were thrust into the limelight in the 2012.