Obama mortgage-aid effort is struggling to stem the rising number of foreclosures in US WASHINGTON (AP) — Nearly half of the 1.3 million homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out. The program is intended to help those at risk of...

A grand jury in Santa Clara County has indicted three individuals with foreclosure fraud. The case involves homeowners across California and six other states and homeowner of mostly Latino descent. The indictment against Rene Alvarez, age 39, Mariano Ortega, age 34 and Cydney Sanchez, age 60 alleges...

Quality Loan Service Corporation of Washington was ordered to pay the estate of Mrs. Dorothy Halstien two hundred thirty thousand dollars for selling the now deceased woman’s Whidbey home at auction after she fell behind in payments. Legal Professionals believe this is the first case to reach a jury...

Originaly by: Responsible Lending The magnitude of foreclosures and associated costs are daunting; the numbers tell the story. 1. Number of loans already lost to foreclosure 1.5 million 2. Projected foreclosures on all types of loans during the next 5 years 13 million 3. Portion of all homeowners late...

The United States District Attorney for Queens, New York, Richard A. Brown, announced in a press release last month that Harry Coumnas, age 50, has been indicted for second degree attempted grand larceny, second – degree criminal possession of a forged instrument and other charges related to his involvement...

Homeowners that are delinquent on their property mortgages are attempting to stop mortgage servicers from foreclosing on them by citing compliance mistakes, lost documentation and predatory lending. An attorney in California has boosted about his success in halting mortgage lenders from foreclosing...

The United States Acting Attorney for the Western District of Texas, John E. Murphy announced in a press lease on September 11 that Rosario Divins has been charged with twenty nine year and one month in federal prison for defrauding individuals by representing herself as a foreclose prevention specialist....

Forest Park, Oklahoma Reverend Horace Scott and his wife Michelle are fighting to keep their home of fourteen years. The Scotts are in a catch twenty two of mortgage mess brought on by Countrywide’s’ predatory lending practices. Scotts are not along in this situation and their story is just one of...

Rev. John Lasseigne, Priest at Mary Immaculate Church never believed his calling to become a priest throughout his years in college to be a lawyer would ever amount to this. Lasseigne had debated through college and law school if he should become a priest and too many of his Spanish speaking flock they...