Foreclosure News Daily update ⋅ September 12, 2022

 

NEWS

The hitch? That small print in SUN mortgage documents. - The Boston Globe

The Boston Globe

… Neighborhoods) has helped about 1,000 families avoid foreclosure. … SUN acquires occupied foreclosed or about-to-be foreclosed properties …

Sue Hall - Chicago Agent Magazine

Chicago Agent Magazine

Read Today’s Top Story: Foreclosure rates returning to pre-pandemic levels. 0. 0. 0. Sue Hall, Real Estate Broker.

Public Auction Sale: 26.786 SF-2.36 Acres-Foreclosure Auction - Columbus, OH - Auction Zip

Vacant Land in Grenada - Foreclosure - Top 12 Grenada Properties | Century 21 Grenada

Full Coverage

MCMILLIN MEADOWS-Public Auction - Tacoma Daily Index

Tacoma Daily Index

Lien Foreclosure, 29th of September, 2022. 10:00 a.m.. 3900 20th Street E, Fife, WA. IDX-962699. September 12, 2022 …

Foreclosure/Trustee Auction - E-21604B - Auction.com

CLERICUS - Foreclosure Sale List - Sumter County Clerk of Courts - Sumter County Clerk of Courts

Foreclosure/Trustee Auction - E-21474 - Auction.com

Full Coverage

9/11 attacks remembered 21 years later - Mid Hudson News

Mid Hudson News

County starts foreclosure proceedings on Town of Ulster commercial building. September 8, 2022. House burns in Rockland County (video).

City of Newburgh has highest unemployment rate in region - Mid Hudson News

Mid Hudson News

September 5, 2022. County starts foreclosure proceedings on Town of Ulster commercial building. September 8, 2022. Drowning on the Delaware.

Greek coast guard boats leave area after Turkish retaliation - Hürriyet Daily News

Hürriyet Daily News

It was sold to a company in an auction in November last year due to its mortgage and foreclosure and then started to serve as a cargo ship.

WEB

Foreclosure - Wedgewood Homes

Wedgewood Homes

When facing a potential foreclosure, taking action to prevent damaging your credit score or abililty to obtain a future loan is critical.

HUD Homes for Sale

Hud Homes

Buying Again After a Short Sale or Foreclosure - The Balance

The Balance

Other Loan Programs. FHA loans have less stringent waiting periods: three years for buying after foreclosures, short sales, or deeds-in-lieu of …

Millsap & Singer, LLC

msfirm.com

Will a Foreclosure-Related Eviction Show Up in the Public Record? - The Law Center LLC

The Law Center LLC

However, evictions emanating from a foreclosure are treated differently. Mandatory Sealing. Cook County judges must place an eviction case under …

Foreclosures, HUD Homes, Foreclosure Auctions, Preforeclosures. HUDHomesUSA.org - Pinterest

Pinterest

Nov 7, 2020 - HUDHomesUSA.org is the ultimate resource for locating, and researching distressed properties in the United States.

North Carolina General Statutes Chapter 45. Mortgages and Deeds of Trust § 45-38

Codes - FindLaw

In case of foreclosure of any deed of trust, or mortgage, the trustee, mortgagee, or the trustee’s or mortgagee’s attorney shall record a notice …

West Bridgewater, MA Foreclosure Lawyers, Law Firms - HG.org

HG.org

Contact Foreclosure Lawyers in West Bridgewater, MA to help you with your case. Review the law firms and attorneys’ full description of services.

Rafael Soltero on LinkedIn: Top 10 U.S. Metros Where Foreclosure Filings Are on the Rise

LinkedIn

This data shows a spike in foreclosure rates in several locations. Do not fear! This is a perfect time to get in touch to access my out-of-state …

Download Your Rights When Your Landlord Is In Foreclosure Mp3 and Mp4 (04:53 Min) (6.71 MB)

MP3 Music Download

Can you rent a house that is currently going through the foreclosure process? Most mortgages have an assignment of rent where you can assign a…

Contact Us to find out more about Foreclosure Listings in your area - Pinterest

Pinterest

Feb 6, 2021 - UltraForeclosures.com is the ultimate resource for locating, and researching distressed properties in the United States.

The 10 best Foreclosure Law Firms in Flagstaff, United States (2022) - Lawzana

Lawzana

Looking for a Foreclosure lawyer in Flagstaff? See our curated list of the best lawyers and law firms.

Or. Admin. R. 441-730-0246 - Contents of Foreclosure Notices | State Regulations | US Law

Law.Cornell.Edu - Cornell University

Or. Admin. R. 441-730-0246 - Contents of Foreclosure Notices · (1) The statewide telephone contact number for handling consumer queries as 800-SAFENET …

Texas Estates Code - EST § 355.159 | FindLaw

Codes - FindLaw

Manner of Foreclosure; Minimum Price. Current as of April 14, 2021 | Updated by FindLaw Staff. Welcome to FindLaw’s Cases & Codes, a free source …

Foreclosure Specialist II Job in Castlewood, VA at LoanCare

ZipRecruiter

The Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with …

ace family house foreclosure inside의 인기 동영상 찾아보기 - TikTok

TikTok

TikTok에서 ace family house foreclosure inside 관련 쇼트 비디오를 찾아보세요. #acefamilyhouse, #tanhouselasthousebeforeacefamily …

Foreclosure University – Choosebeats

Choosebeats

Description: Your On-line Actual Property Investing Useful resource. From: Jarad Extreme, Foreclosures College. RE: Are you lacking the chance of …

Senior Foreclosure Secretary - Job at Everite Recruiters in Parktown - Pnet

Pnet

Senior Foreclosure Secretary. Be an early applicant; Parktown; Permanent; Full Time; R25000- R30 000 pm neg on exp; Non EE/AA; Published: in 13 …

Will Previous Foreclosure Cause FHA AUS failure? - myFICO® Forums - 6590409

myFICO® Forums

Hi all, I’ll be three years from the transfer of title out of my name on a foreclosure on March 9, 2023 and am planning to buy a house at …

Pin on Houses - Pinterest

Pinterest

Circa 1920 Kansas Foreclosure Cottage Under $18K - Old Houses Under $50K. More information. Fire Damage · Foreclosures.

STOP FORECLOSURE! - real estate services - Craigslist

Craigslist

We can stop the foreclosure process in most cases. Here are reasons you do NOT want a foreclosure: -It will drop your credit score by an average …

HELP! Foreclosure due to Previous Owner not paying Tax

BiggerPockets

So I closed on this property (triplex) around Mid-Feb 2020. I just found out thru a letter from the county, that I am now in foreclosure because …

How To Buy Pre Foreclosure Top Sellers, 57% OFF

naudin.be

Shop the cheapest selection of how to buy pre foreclosure, 57% Discount Last 3 Days. nankid optipro price, big w booster seat high chair, …

Ponca City, OK Foreclosure Best Lawyers

Lawyer And Law Firms Information

Ponca City, OK Foreclosure Lawyer ; Allison, Gale Estate,Estate Planning,Trusts,Tax,Income Tax..etc 4812 E 81st Street Suite 301. Tulsa, OK 74137 …

Coconut Grove, FL Foreclosure Best Lawyers

Lawyer And Law Firms Information

Coconut Grove, FL Foreclosure Lawyer ; Abel, Josiane Litigation,Lawsuit & Dispute,Malpractice,Accident & Injury,Insurance..etc. One Biscayne Tower, …

Get foreclosure mediation in Nevada. - Norma For Congress Woman

Norma For Congress Woman

Nevada has implemented a new program to help prevent home foreclosures. The Supreme Court has set up guidelines for a new statewide assistance …

Mortgage Fraud

Daily update ⋅ September 12, 2022

NEWS

County’s Online System Protects Residents From Property Fraud - TAPinto

TAPinto

MOUNT HOLLY, NJ — According to the FBI, property and mortgage fraud is the fastest growing white-collar crime. It can be as simple as someone …

County’s Online System Protects Residents From Property Fraud | Flipboard - Flipboard

Full Coverage

Ondo lawyer drags property developer to EFCC for alleged fraud - The Guardian Nigeria

The Guardian Nigeria

Ondo lawyer drags property developer to EFCC for alleged fraud … Housing and Urban Development, Federal Mortgage Bank of Nigeria and Federal …

Lawyer demands developer’s arrest, alleges fraud

punchng.com

… Housing and Urban Development, Federal Mortgage Bank of Nigeria and Federal Housing Authority Homes Ltd. Under this pretence, …

Former Czech Prime Minister Andrej Babis faces fraud trial - Times Union

Times Union

12, 2022 after the prosecution indicted him in a $2 million fraud case involving European Union subsidies.Laszlo Balogh/AP.

Former Czech Prime Minister Andrej Babis faces fraud trial - The Joplin Globe

The Joplin Globe

Former Czech Prime Minister Andrej Babis is going on trial in a $2 million fraud case involving European Union subsidies.

Hatch woman, son facing fraud charges over fake parking fees - Times Union

Times Union

(AP) — A woman and her son are facing fraud charges for an alleged parking scheme outside the annual Hatch Chile Festival earlier this month, …

Imo PDP demands prosecution of APC senatorial candidate over alleged fraud

The Guardian Nigeria

The Peoples Democratic Party (PDP) in Imo State has called for the arrest and prosecution of the All Progressives Congress senatorial candidate …

82-year-old grandma’s bank account wiped out, left with a negative balance after loan scam

MSN

82-year-old grandma’s bank account wiped out and in the negatives after loan scam © Provided by KMPH – Fresno-Visalia.

Barclays scam warning: Actor in tears as he recalls how he fell victim to convincing scam

Daily Express

The scammers pretended to be from the Barclays fraud team and even … Mortgage pain as thousands thrown into higher rates - what to do next.

Citimortgage Does Another Round Of Layoffs - MFI-Miami - MFI-Miami

Full Coverage

Nikola founder’s securities-fraud trial set to start this week - MarketWatch

MarketWatch

Trevor Milton, the Nikola Corp. founder who enticed auto-industry leaders and investors with his promise for a revolution in electric trucks, …

Latch (NASDAQ:LTCH) – CLASS ACTION: Kessler Topaz Meltzer & Check, LLP Reminds …

Benzinga

Shareholders of Securities Fraud Class Action Lawsuit and Encourages Investors with Substantial Losses to Contact the Firm. by PRNewswire. September …

DWP warning over National Insurance scam to help people spot fake phone calls

Lincolnshire Live

The DWP has issued a scam warning to people in the UK concerning National Insurance (NI) numbers. After a massive spate of scams involving NI …

Billions stolen each year by internet, cryptocurrency fraud. How to avoid scams - AOL

AOL

Reach Your Financial Goals and Help Your Money Grow with these Top Inv… Drowning in Credit Card Debt? Consider a Debt Consolidation Loan! Read more …

Cooking the Books podcast: Mortgage-free at 31 thanks to a tiny house on a llama farm

NZ Herald

Today, it’s the couple who made a major lifestyle change in order to become mortgage-free. Hosted by Frances Cook.

ED permits crypto alternate WazirX to make use of frozen financial institution accounts after raids

Fighting Hawks Magazine -

… crore “for aiding accused instantaneous mortgage App firms in laundering of fraud cash through buy and switch of digital crypto belongings”.

Luis Guillorme offers Mets flexibility in the field on approaching return

The Bharat Express News

ALSO READ Feds file notice of plans to seize Florida condo of Baltimore state attorney Marilyn Mosby if convicted of perjury, mortgage fraud case.

Virtual credit cards Australia: How do they work | Canstar

Canstar

‘Card not present’ (CNP) fraud, where the fraudster steals valid card details and uses them to make online shopping or other payments without the card …

WEB

Areas of Expertise | Mortgage Fraud | Real Estate Fraud

California Mortgage Expert Witnesses

MORTGAGE EXPERT WITNESS | REAL ESTATE FRAUD … Loan Officer & Loan Processor Fraud; Wire Fraud; Mortgage Broker Fraud; Real Estate Broker Fraud …

Dapinder Singh KC - New Park Court

New Park Court

… and vast experience in dealing with complex frauds and serious crime. … the galvanised steel tank market and a £220million mortgage fraud.

FRAUD STOPPERS

Daily update ⋅ September 12, 2022

NEWS

Cops Bust Phony Long Island Code Inspector Accused of Swindling 114 Businesses

NBC New York

… of a similar incident to contact Nassau County Crime Stoppers at 1-800-244-TIPS. … Promoted By New York Alliance Against Insurance Fraud …

More than half of GOP governor nominees have questioned or denied the legitimacy of … - CBS 58

CBS 58

(There is no evidence of widespread fraud in the 2020 election, certainly not enough to have changed the winner in any state.) The Sanders campaign …

Serious concerns held for man missing from Blacktown - Latest News - NSW Police Public Site

Latest News - NSW Police Public Site

If you receive a message from +61444 444 444, it is not a scam.*** … is urged to contact Blacktown police or Crime Stoppers on 1800 333 000.

Pittsburgh Constable Brian Van Dusen pleads guilty to tax and wire fraud - CBS News

CBS News

Van Dusen ran the company “Easy Tax Refund” and prepared hundreds of false tax returns.

 

What’s in a Qualified Written Request (QWR) Letter

  • “Qualified Written Requests” under RESPA put mortgage servicers in a troublesome place. But there’s law on their side to help distinguish legitimate issues from abuse and harassment
  • A bank will receive a letter from a mortgage borrower, or from an attorney or other agent purporting to act on behalf of that borrower. The letter will generally demand that the lender provide the inquirer with a wide-ranging amount of information concerning the borrower’s loan and the transaction in general.
  • The communication may assert that there is a defect or mistake in the borrower’s account, and then demand that immediate action be taken to correct that mistake.
  • Asserting only slight oversights in the borrower’s escrow account calculation.
  • The letters are marked as “Qualified Written Request” under Section 6 of RESPA.
  • The “QWR” label stirs legal consequences that servicers and lenders cannot ignore.

What the law says:

  • QWRs are special and important because they arise under specific consumer protection law contained in Section 6 of the Real Estate Settlement Procedures Act (RESPA). Section 6 was added to RESPA in 1990, and generally imposes standards and requirements regarding the assignment sale or transfer of mortgage loan servicing. (12 U.S.C. Section 2605.) Under Section 6 of RESPA, borrowers are afforded a dispute resolution mechanism that gives rise to specific duties on the part of servicers where certain conditions are met.
  1. They are submitted in writing.
  2. They include, or allow the servicer to identify, the name and account of the borrower.
  3. They include a statement of the reasons for the borrower’s belief that the account is in error or must provide sufficient detail to the servicer about other information the borrower is seeking. (12 U.S.C. Section 2605(e)(1)(B)(ii))
  • Where all such items are included in correspondence to a mortgage loan servicer, the servicer must then provide written acknowledgment to the consumer within 20 business days of receipt of the request. The receipt of a QWR triggers an affirmative duty to investigate the problem identified by the consumer, which must be rectified or explained not later than 60 business days after the receipt of the request.

Unlike other inquiries from consumers, the duties that arise from inquiries that qualify as a QWR have potent legal consequences.

  • Under RESPA, borrowers can institute a private lawsuit for a Section 6 violation. They can potentially then recover actual and statutory damages (up to $1,000 per violation), plus attorney’s fees.
  • Furthermore, class-action lawsuits are available in instances of pattern and practices of non-compliance, within three years, of the violation against a loan servicing company who refuses to comply with Section 6.
  • Lawsuits for violations of Section 6 may be brought in any federal district court in the district in which the property is located or where the violation is alleged to have occurred.
  • Finally, either HUD, a state attorney general, or state insurance commissioner may bring an injunctive action to enforce violations of Section 6 within three years.
  • Clearly then, any correspondence received by a bank that is marked as “QWR” should not be ignored.
  • The important question for compliance professionals is, therefore, how should an institution respond to the QWR, and equally important, how should the institution handle requests that are plainly abusive or harassing?

How do you spot a true QWR?

  • As a preliminary matter, a request must specify the particular errors or omissions in the account, along with an explanation from the borrower of why he believes an error exists, in order to qualify as a QWR. A list of unsupported demands for information is not sufficient.
  • Please note that if your institution is not a mortgage loan servicer, these provisions do not apply to you.
  • By coverage and definition, the RESPA provisions under Section 6 apply to only “servicers” as defined by the statute. If you do not service mortgage loans, the requirements described herein are inapplicable to your institution.
  • The QWR provision applies only to mortgages secured by a first lien, thereby excluding subordinate-lien loans and open-end lines of credit.
  • “Servicing” is defined as “receiving any scheduled periodic payments from a borrower pursuant to the terms of any loan, including amounts for escrow accounts described in Section10 [of RESPA], and making the payments of principle and interest and such other payments with respect to the amounts received from the borrower as may be required pursuant to the loan.”
  • A QWR which requests no information related to servicing is not a valid QWR. In particular, requests related to origination do not qualify as QWRs.
  • A leading case discussing this issue, MorEquity v. Nameem (118 F. Supp. 2d 885 (N.D. Ill. 2000), reached the important conclusion that borrowers fail to state a claim where the borrower’s request merely seeks information concerning the validity of the underlying loan and mortgage documents, but does not seek any information as to the status of the account balance.

Requests made in a QWR must relate to servicing and escrow matters; those requests that relate to extraneous issues dealing with the items relating to the loan’s settlement or secondary market information, for instance, are simply outside the proper scope of the QWR process.

  • As a final, critical, note, if after considering all the elements listed above, a bank discards a request as not qualifying under RESPA’s QWR provisions, most legal experts recommend that the bank’s rationale should be well explained, and that the bank should document the reasons for rejecting the supposed QWR. Such rejections should, where possible, be sent back in writing. Legal counsel should be involved in ensuring that this procedure meets legal standards.

Dealing with the legitimate QWR

  • When a servicer receives and properly identifies a valid QWR, the servicer must, by law, both acknowledge receipt of a QWR and respond to the substance of any claims or requests included in the QWR.
  • In addition, the law directs servicers not to provide information to a consumer reporting agency during the 60 days following receipt of the QWR concerning overdue payments related to that period or to the QWR. (See RESPA Section 2605(e)(3) )
  • In establishing procedures to comply with RESPA’s QWR provisions, banks should keep in mind that, contrary to some claims, the QWR process does not require a lender or servicer to stop foreclosure proceedings or other legal action on the loan.
  • To properly respond to the QWR:
  1. A servicer must, within 20 business days, provide a written response acknowledging receipt of the QWR. (12 U.S.C. Section 2605(e)(1)(A))
  2. Within 60 business days the servicer must investigate the account, make any appropriate corrections, and provide the consumer with a report of their action. (Id. at Section 2605(e)(2)(A))
  3. If the servicer corrects the account, the servicer must provide a written explanation of the corrections. (Id.)
  4. If the servicer does not correct the account, it must provide an explanation or clarification that includes a statement of reasons why the account is correct and the name and telephone number of an employee of the servicer who can be contacted to further assist the borrower.

 

You can get a FREE Qualified Written Request (QWR) Letter at https://fraudstoppers.org/free

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LIST OF FORECLOSURE LAWS BY STATE

 

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