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Arizona Joins the Mortgage Servicer Settlement

February 13, 2012 by admin Leave a Comment

Arizona will receive $1.6 billion of the purported $25 billion joint federal-state settlement with the nation’s five largest mortgage servicers for their role in wide-spread servicer and foreclosure abuses.  Arizona Attorney General Tom Horne’s decision to join the broad settlement also means that his office has reached an agreement with Bank of America over allegations … [Read more…]

Posted in: Foreclosure Topics Tagged: Arizona, Arizona foreclosure attorney, Arizona tax liens, attorney, deed, deed in lieu of foreclosure, estate, foreclosure, foreclosure attorney, foreclosure law, Foreclosure Topics, in, Law, lien, liens, lieu, mortgage, mortgage settlement, of, real, real estate attorney, sale', settlement, short, short sale, short sale attorney, tax, tax lien foreclosure attorney, tax liens, Tucson, Tucson real estate

Principal Reduction – Who’s Willing to Take the Haircut?

January 30, 2012 by admin Leave a Comment

Democrats on the House oversight committee have apparently been pushing to subpoena the Federal Housing Finance Agency ("FHFA") to obtain an analysis looking at what effects principal reductions would have on Fannie Mae and Freddie Mac.  As HousingWire has reported, FHFA Acting Director Edward DeMarco has long defended the agency’s policy of keeping Fannie and … [Read more…]

Posted in: Foreclosure Topics, Tax Lien Foreclosure Tagged: Arizona, Arizona foreclosure attorney, attorney, defense, delinquent, delinquent taxes, estate, foreclosure, foreclosure defense attorney, Foreclosure Topics, lien, liens, real, sale', short, short sale attorney, short sale Tucson, tax, tax lien attorney, Tax Lien Foreclosure, tax liens, taxes, Tucson, Tucson foreclosure attorney, Tucson real estate attorney

Election Year Bravado

January 27, 2012 by admin Leave a Comment

A new federal federal task force, dubbed the "Residential Mortgage-Backed Securities Working Group" led by New York Attorney General Eric Schneiderman has sent subpoenas to the 11 largest financial institutions in the past few days as part of its investigation into possible residential mortgage-backed securities fraud.  Attorney General Eric Schneiderman who was cast off the central … [Read more…]

Posted in: Foreclosure Topics, Tax Lien Foreclosure Tagged: Arizona, Arizona foreclosure attorney, attorney, deed, deed in lieu of foreclosure Arizona, defense, foreclosure, foreclosure defense, Foreclosure Topics, in, lien, lieu, of, robo-signing, sale', short, short sale, short sale attorney, tax, tax lien attorney, Tax Lien Foreclosure, Tucson

The Dirty Dozen Feeling the Heat from the Feds?

September 1, 2011 by admin Leave a Comment

When it rains, it pours.  The fallout from the artificially generated housing bubble and the attendant financial crisis is really starting to take hold against the various major players in the banking industry.  It seems everyone with any stake in the mortgage meltdown, from individual home owners to purchasers of mortgage-backed securities, are seeking their … [Read more…]

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