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Articles Tagged With 'Foreclosures'

Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose

An internal document obtained by ProPublica shows that when one of the nation's largest mortgage servicers sought to foreclose on a homeowner last year and lacked a crucial document, they just made one up.

Where Things Stand: Foreclosure Paperwork Scandal

In a scandal that's ballooned in scope since the initial discovery of robo-signers, we review the status of investigations into foreclosure fraud, how courts are handling the mess and what solutions are on the horizon.

False Attorney Signatures Cast New Doubts on Foreclosures

False attorney signatures on foreclosure documents could place thousands of court cases in doubt.

Despite Warnings From States, Federal Regulators Failed to Act on Foreclosure Problems

The federal government, warned years prior of potential problems with banks' foreclosure operations, failed to act, according to The Washington Post. Now, they're leaving it to the states fix the mess.

Amid Foreclosure Questions, Govt Loan Mod Program Continues Struggles

New numbers show the administration’s mortgage modification program (HAMP) continues to struggle, while government officials say the banks’ flawed foreclosure practices should draw even more attention to their poor record in the handling of homeowners seeking modifications.

Biggest Banks Ensnared as Foreclosure Paperwork Problem Broadens

Bank of America, Wells Fargo, and others have joined GMAC and JPMorgan under the microscope as bank regulators order major servicers to review their foreclosure procedures for robo-signing and flawed documents.

Disorganization at Banks Causing Mistaken Foreclosures

Communication problems have caused some to lose their homes even while trying for mortgage modifications.

Geithner Talks Tough on Loan Mods, and Backs It Up With … More Data

The Treasury secretary acknowledges problems with mortgage servicers, but offers no new solutions.