Honor system for foreclosure paperwork has led to illegal Colorado seizures, lawyer surmises – Denver Post
Thousands of Colorado homes were taken in foreclosure in recent years by banks that probably never had the right to do so because no one bothered to challenge the process, said a lawyer who worked for the state’s biggest foreclosure law firm.
Halt foreclosures on homes due to paperwork errors, group says
Housing activists are calling on Pennsylvania banks and sheriffs to temporarily halt all home foreclosures, saying a paperwork error could save thousands of people their homes.
Halt foreclosures on homes due to paperwork errors, group says – Pittsburgh Post-Gazette
Housing activists are calling on Pennsylvania banks and sheriffs to temporarily halt all home foreclosures, saying a paperwork error could save thousands of people their homes. The state Superior Court on Jan. 30 ruled in favor of three women facing …
Housing paperwork can pile up at tax time – here’s what to keep, and for how long
Many taxpayers are preparing for their annual battle with IRS form 1040 by gathering up all their documents, statements, checks and other assorted papers. At the end of this process, taxpayers are often left with piles of neatly sorted, tabulated and cross-indexed piles. From a homeowner’s perspe…
Wells Fargo admits paperwork errors in foreclosure cases – Des Moines Register
Wells Fargo admitted Wednesday that it made mistakes in the paperwork for thousands of foreclosure cases and promised to fix them. The bank, whose home mortgage unit is based in West Des Moines, said it would refile documents in 55,000 cases by mid …
Signs of foreclosure paperwork problems were missed, FDIC chief says
Chairwoman Sheila Bair says shifts such as a significant drop in mortgage service fees should have raised questions. The admission comes as federal banking agencies conduct an investigation. Regulators should have foreseen a wave of suspect foreclosure paperwork coming, a key official admitted Monday as federal banking agencies said they had launched their own in-depth [...]
Massive paperwork error halts foreclosures
Nationwide home foreclosures were up 25 percent last month, with banks taking back the largest number of homes since the mortgage crisis began. But struggling homeowners are getting some unexpected relief due to a massive bureaucratic error by one of the nation’s fourth-larget mortgage lenders: Ally Financial has suspended evictions in 23 states because the [...]
What is the process of selling a home in Texas on your own without a Realtor. A For Sale By Owner type sale?
Bearwithme asked: Any paperwork. Forms? etc?
Is anyone here sold their home as “Sale By Owner” before?
dal asked: if so, can you tell me if it correct that once the buyer agree to buy, they need to go to the mortgage to get approve on the loan and if they got approved, the mortgage will do all paperwork right? if not correct, can you tell me what are theh steps for [...]
I’m thinking of selling my house as a ‘for sale by owner’. Can you share any experiences, good or bad?
Rob asked: I’m thinking about trying http://www.progressivehomesellers.com/ For $2500 they handle all the paperwork, advertising, MLS listing, etc…