by Mike on September 24, 2010
Poor David Stern. Poor Marshall Watson. Poor Florida Default Law Group. Poor Shapiro & Fishman. Three prominent members of Congress—including Barney Frank, the Chairman of the committee that oversees the banking industry—have written a letter to Fannie Mae demanding that they stop using foreclosure mills [PDF] that are under investigation for fraud. You should read […]
by Jason on April 14, 2010
Here’s something most of you already know: federal government programs designed to help homeowners stave off foreclosure just aren’t working. A Congressional Oversight Panel investigating foreclosure relief programs found that the programs are almost universally disappointing: Only 1 in 6 homeowners in foreclosure crisis have been helped. Only one million families will lower their payments […]