Tag foreclosures

States Strike Back: CA Takes Action on Home Foreclosures

The California legislature passed a landmark bill Monday strongly regulating how banks handle home foreclosures. The legislation bans dual tracking, the odious practice where lenders pursue home foreclosure while negotiating with homeowners about modifying mortgage terms. Robo-signing– falsifying signatures– on…

Utah to BofA. Your foreclosures are illegal

This is in direct response to BofA previously telling Utah to go screw itself about the foreclosures. Market-Ticker says what Utah should do now. The time to rattle sabers is over. Start revoking foreign corporate registrations (necessary to do business…