Foreclosure News Daily Update ⋅ April 21, 2021

 

 

 

FHFA aims to align foreclosure policies with CFPB

National Mortgage News

… to prevent a wave of foreclosures, FHFA Director Mark Calabria said Tuesday during a virtual conference held by the Mortgage Bankers Association.

CFPB Tries To Fend Off A Potential Foreclosure Crisis – pymnts.com

CFPB April 5 Announces Foreclosure Restriction and Additional Loss Mitigation Requirements – JD Supra

FHFA aims to align foreclosure policies with CFPB – American Banker

Full Coverage

 

 

 

 

AMENDED NOTICE OF FORECLOSURE SALE 20

Avery Journal Times

AMENDED NOTICE OF FORECLOSURE SALE 20 SP 11 Under and by virtue of the power of sale contained in a certain Deed of Trust made by …

 

 

 

 

CFPB Proposes Amendments to Regulation X to Prevent Wave of COVID-19 Foreclosures

JD Supra

The proposed amendments serve three primary purposes: (1) To provide a “pre-foreclosure review period that would generally prohibit servicers from …

 

 

 

 

Foreclosure activity rises, prompting fears of more to come

RealtyBizNews

Housing market analysts have raised concerns that we could see a rise in foreclosures once COVID-19 pandemic-related moratoriums end, and indeed, …

 

 

 

 

MSU Extension offers free Property Tax Foreclosure Basics webinar

The Herald Review

For Michigan households who are facing foreclosure due to unpaid property taxes, it is a stressful situation. With the current COVID-19 crisis many …

 

 

 

 

VA Addresses Loan Repayment Relief for Borrowers Affected by COVID-19

JD Supra

The Circular updates home retention options and alternatives to foreclosure. VA encourages servicers to consider all home retention options and interact …

 

 

 

 

Genworth Files ‘Red Herring’ for Mortgage Unit IPO

ThinkAdvisor

“Any delays in foreclosure, including foreclosure moratoriums imposed by state and local governments and the [government-sponsored enterprises] …

 

 

 

 

Ex-Broker Charged With Stealing a Client’s Life Savings

ThinkAdvisor

The ex-broker allegedly embezzled more than $1 million from a client’s retirement account. The client’s home entered foreclosure because he thought …

 

 

 

 

Public Notices April 21, 2021

Nassau County Record

CALLAHAN BODY AND PAINT SHOP gives Notice of Foreclosure of Lien and intent to sell these vehicles on 05-03-2021, 8:00 am at 541703 US …

 

 

 

 

High Court Answers Open Questions Concerning RPAPL 1304 and 1306

Law.com

The plaintiff bank commenced a foreclosure action against the defendant borrowers, a husband and wife, in the U.S. District Court for the Eastern …

 

 

 

 

Stonington-Mystic, CT

Patch.com

Some have suggested that proof of vaccination should be required for those attending concerts and other indoor events in the coming months. Do you …

 

 

 

 

P&G Sees Net Sales Increase In Q3, eCommerce Up 50 Percent

pymnts.com

“The foreclosure moratorium on government-backed loans has virtually stopped foreclosure activity over the past year,” said Rick Sharga, executive vice …

 

 

 

 

Sheriff’s Sales & Public Notices

Law.com

… Sales & Public Notices. View Sheriff’s Sale Foreclosure Notices, Public Notices and Notices to the Bar from today’s edition of The Legal Intelligencer.

 

 

 

 

Fewer Las Vegas area homeowners behind on mortgages

Las Vegas Review-Journal

Amid the turmoil, government-ordered foreclosure moratoriums have helped keep people in their homes, and borrowers have been able to enroll in …

 

 

 

 

Stonington-Mystic, CT

Patch.com

Brooksides Hall is proud to announce that it has upgraded its WiFi. Brooksides Hall now offers WiFi designed to accommodate a hybrid approach to …

 

 

 

 

Why the movement toward permanent rentership in Nashville is troubling | Opinion

The Tennessean

But mining is a lucrative industry in Nashville. Mining? In Nashville? Yes, but it’s not minerals or oil — it’s equity. Since the housing foreclosure fiasco in …

 

 

 

 

Wells Fargo gets new hearing on ability of Oakland to sue over its minority lending practices

San Francisco Chronicle

She said the city “plausibly alleged predatory loans to Black and Latino borrowers necessarily resulted in widespread foreclosures, which in turn …

 

 

 

 

Notice

Greensboro News & Record

NOTICE OF FORECLOSURE SALE 20 SP 65 Under and by virtue of the power of sale contained in a certain Deed of Trust made by Claude M.

 

 

 

 

Daily Digest News – April 20, 2021

AllWork.Space

Prodigy Network Coworking Space Faces Foreclosure; Former Knotel CEO Expresses Regret Over Newmark Deal; Returning To The Office In An …

 

 

 

 

Historical Interest Rates for Credit Cards, Auto Loans and Mortgage Loans

Investopedia

While both new automobile and mortgage loans can involve borrowers missing payments and going into default, the repossession or foreclosure of …

 

 

 

 

A New Crop: Portraits of Houston’s Black Urban Farmers

The Texas Observer

… an estimated 170 farms a week were being forced into foreclosure, most of them Black-owned. In recent years, Black farmers were also overlooked …

 

 

 

 

UI Says HARP 2.0 Could Help Pandemic-Era Borrowers

Mortgage News Daily

They note that, while policymakers acted quickly to enact forbearance and foreclosure moratoria as COVID-19 took hold, there has been no effort to …

 

 

 

 

Metro Inn, the sight of many Jackson crime scenes, being torn down

WLBT

The property, which went into foreclosure in 2015, has been the sight of numerous crimes since then. Vagrants moved in tearing off scrap metal.

 

 

 

 

Environmental injustice: Exploring the practices that fuel health and wealth hardships

freshwatercleveland

The foreclosure crisis wiped out most of the wealth that existed in east side real estate, echoed panel member Randell McShepard, founder of the …

 

 

 

 

Demolition set to begin on Battle Creek home where landlord confessed to killing tenants

Fox17

“The Calhoun County Treasurer’s Office has taken possession for tax foreclosure back on March 31st,” said Francisco. The county took possession for …

 

 

 

 

Fudge, Calabria Discuss Housing Affordability, Equity, and More

DSNews.com

“[The plan] will deliver nearly $10 million to help homeowners avoid foreclosure, and nearly four and a half-billion dollars to help struggling …

 

 

 

 

Allsup identifies the most difficult cities to appeal for Social Security disability benefits

StreetInsider.com

Each extra day a former worker seeking benefits must wait means a greater risk of foreclosure, growing debt, and damage to their health due stress …

 

 

 

 

This New York Hotel Quarantined the Sick. Now the Owners Regret It.

The Wall Street Journal

Mr. Patel said he is grateful that he didn’t lose the property to foreclosure, but even with the revenue from the county, he is financially strapped.

 

 

 

 

Senate budget includes $100M for Piney Point

Florida Politics

But the property is in foreclosure and HRK released a statement to media last week saying it was not responsible for the breach. “To insinuate that HRK …

 

 

 

 

Catawba

Mooresville Tribune

21 SP 27 NOTICE OF FORECLOSURE SALE NORTH CAROLINA, … that the Deed of Trust be foreclosed, the undersigned Substitute Trustee will offer …

 

 

 

 

Housing market hits ‘fever pitch,’ prices likely to increase more

KGW.com

Janssen said the number of homes on the market during the recession was significantly higher, with many going into foreclosure. “But now, if you’re in …

 

 

 

 

Hard-hit apartment property still doubles in sales price

Sacramento Business Journal

As recently as 2018, records show, the property also fell into an early stage of foreclosure. Over the next six to 12 months, Santana said, she believes …

 

 

 

 

Down Payment Assistance Grants for First-Time Buyers: Coming in 2021?

Home Buying Institute

“First-generation” means that the person’s parents have either (A) never owned a home in the past, or (B) owned one but lost it due to foreclosure, …

 

 

 

 

Retail center on north end of Strip up for sale

Las Vegas Review-Journal

… later going into foreclosure after 2010. Contact Subrina Hudson at shudson@reviewjournal.com or 702-383-0340. Follow @SubrinaH on Twitter.

 

 

 

 

First-ever Long Island Housing Symposium Press Conference

Patch.com

Once the moratorium expires on May 1st, thousands may face eviction or foreclosure. Close to a dozen housing and service organizations have …

 

 

 

 

The endless tragedy of gun violence

The Hill

As he spoke to constituents on that line, he heard no complaint about the economy or the possible foreclosure of farms and homes. What he did hear …

 

 

 

 

 

 

16% More US Residential Properties Received A Foreclosure Filing In February | Performance …

Performance Property | Gerald Lucas |

16% More US Residential Properties Received A Foreclosure Filing In February. Real Estate Insight. 16 percent more US residential properties received …

 

 

 

 

Notice of Mortgage Foreclosure Sale | Northwest Alabamian

Northwest Alabamian

MORTGAGE FORECLOSURE SALE. Default having being made in the payment of the indebtedness secured by that certain mortgage dated June 20, …

 

 

 

 

How to Find the Best Pre-Foreclosure Leads – ProspectNow

ProspectNow

For those seeking affordable homes, a home in pre-foreclosure could be an appealing option. Searching listings illustrate the numerous …

 

 

 

 

Definition: Foreclosure from 24 CFR § 35.86 | LII / Legal Information Institute

Legal Information Institute

Foreclosure. Foreclosure means any of the various methods, statutory or otherwise, known in different jurisdictions, of enforcing payment of a debt, …

 

 

 

 

Webinar – What is the Foreclosure Formula & How Can Your IRA Profit from It? | Advanta IRA

Advanta IRA

Learn how to find and invest in foreclosed real estate from foreclosure expert, Darlene Coquerel of the Ultimate Foreclosure Formula.

 

 

 

 

Owner seeks to quiet title after foreclosure | News | The Legal Description

The Legal Description

She had requested restraints to prevent eviction from a property that was foreclosed and then repurchased by a lender. Read on for more details.

 

 

 

 

One step forward, two steps back: Mergers, Bundling, and Foreclosure in Dynamic Complementary …

Penn Economics – University of Pennsylvania

Abstract: In this paper, we build a dynamic computational model of mergers, bundling, and foreclosure in complementary markets with increasing …

 

 

 

 

Luxury Bank Foreclosure Hot List – Classic Homes Real Estate

Classic Homes Real Estate

South Shore Luxury Bank Foreclosure HOT List. Starting from $350,000+. Luxury Distress Sales resulting from bank foreclosures or other ‘must sell …

 

 

 

 

Foreclosed Castles For Sale

carmelocascio.it

Foreclosures. Homes for sale in Castle Rock plus foreclosures and real estate listings. Try our lists of cheap New Castle foreclosure homes now!

 

 

 

 

Foreclosure Coordinator | Infinity Consulting Solutions

Infinity Consulting Solutions

Role focuses on administrative tasks to support the foreclosure process. Responsible for assisting in the day to day processing of foreclosures.

 

 

 

 

Collier County Foreclosure Task Force Provider

The Right Service at the Right Time

Legal help includes: Bankruptcy (Chapter 7). Contract disputes – Auto repossession. Domestic Violence (representing victims. Employment law and …

 

 

 

 

Foreclosure Coordinator Job in Lake Mary, FL at Infinity Consulting Solutions, Inc. – ZipRecruiter

ZipRecruiter

Role focuses on administrative tasks to support the foreclosure process. Responsible for assisting in the day to day processing of foreclosures. Reviews …

 

 

 

 

Foreclosed homes for sale in West Orange – HAR.com

HAR.com

Browse 1 foreclosed homes for sale in West Orange, TX on HAR.com. View photos, home values, trending, foreclosure, new homes and much more.

 

 

 

 

New mexico land foreclosures

digital-tools.it

Alamogordo Foreclosures; Foreclosed Homes. For 20 years, we’ve made it easy and affordable for anyone to search and retrieve recorded documents …

 

 

 

 

Foreclosure Prevention | Kinship Care CA | California – Kinship Navigator

Kinship Navigator

Foreclosure Prevention, Fair Housing Council of Riverside County. Did this help? Description: This program offers HUD approved confidential …

 

 

 

 

Foreclosure Help – Wrongfully Foreclosed

Wrongful Foreclosure Defense

A licensed attorney will make all the difference between you automatically losing your home or saving you home. The courts don’t care and the banks …

 

 

 

 

Chain Of Title How Three Ordinary Americans Uncovered Wall Streets Great Foreclosure Fraud

jordanopensource.org

Americans Uncovered Wall Streets. Great Foreclosure Fraud | ce30bc7b. 84f5aeeaae9ec8bbf80d0e2d. Reports of Cases Argued and Decided in the …

 

 

 

 

Form Template To Answer Foreclosure Complaint In Ohio

RGJ Blogs

A transparent foreclosure marketplace reveals hidden equity. You can use Microsoft Forms to create polls, surveys, quizzes, and tests for coworkers, …

 

 

 

 

HB 6033 (2020) – Rental Agreements upon Foreclosure | Florida House of Representatives

Florida House of Representatives

Rental Agreements upon Foreclosure: Removes provisions relating to termination of rental agreements upon foreclosure of residential premises.

 

 

 

 

5609 CHERRY RD FL 33810 – Foreclosure

Polk County Foreclosure Auctions

Bid now for 5609 CHERRY RD at the Foreclosure Auction! Browse our huge list of foreclosed properties to find your next home in Polk county.

 

 

 

 

Westport, SD Foreclosure Listings | Foreclosurelistings.com

ForeclosureListings.com

Westport, SD foreclosure listings. We provide nationwide foreclosure listings of pre foreclosures, foreclosed homes , short sales, bank owned homes …

 

 

 

 

Appraisal services for REO properties – Juelfs Appraisals LLC

Dakota Plains Appraisal LLC

Getting a bank owned, REO or foreclosure property appraisal. Juelfs Appraisals LLC, Piedmont, South Dakota.

 

 

 

 

Motion to Cancel Foreclosure Sale | Trellis

Trellis Legal Intelligence

On March 12, 2012 A Ca Homestead Residential Foreclosure 3: $250,000 Or More case was filed in the jurisdiction of Lee County. Judge Keith R Kyle …

 

 

 

 

Order Rescheduling Foreclosure Sale | Trellis – Trellis Legal Intelligence

Trellis Legal Intelligence

Order Rescheduling Foreclosure Sale. Case: Fifth Third Mortgage Company Plaintiff vs Vosburgh, John etal Defendant Track Case. Download …

 

 

 

 

Solved: Outline the steps to be taken in a judicial foreclosure. | Chegg.com

Chegg

Foreclosure: The legal procedure where a real property that serves as collateral security is sold to repay the debt to a creditor who has a lien on that …

 

 

 

 

     
 

Mortgage Fraud Daily News Update ⋅ April 21, 2021

 

 

 

 
 

GSE caps on investor loans may add to rising fraud risk: CoreLogic

National Mortgage News

The risk of misrepresentation on mortgage applications keeps rising, and … The GSEs’ new limits increase fraud risk because they put pressure on …

 

 

 

 
 

US Real Estate Markets See Mortgage Fraud Soar, and Fast Rising Prices Are A Red Flag

Better Dwelling

The CoreLogic National Mortgage Application Fraud Risk Index made a big jump Q1 2021. The rapid increase of the index means more red flags are …

 

 

 

 
 

High Court Urged to Review Revival of VA Mortgage Fee Fraud Suit

Bloomberg Law

Mortgage Investors Corp. asked the U.S. Supreme Court to review whether an appeals court improperly revived a False Claims Act suit alleging the …

 

 

 

 
 

Ponzi king’s death is a reminder that his con-artist tricks live on

Washington Post

So I send them additional columns that I wrote about the mortgage scheme. … dealings with a person who has a proven track record of deception.

 

 

 

 
 

Identity theft: Why you are not the victim of a crime if fraudsters use your name to target your finances

iNews

The vast majority of online frauds are the result of identity theft. How does mortgage fraud work? Criminals use stolen identities to commit all sorts of …

 

 

 

 
 

Fintech CEO Pleads Guilty To Multiple Fraud Schemes, Including $7 Million COVID-19 Pandemic …

Department of Justice

Specifically, CHENG engaged in a scheme to fraudulently obtain over $7 … In addition, Cheng committed securities fraud by lying to investors in his … Instead of using the PPP loan proceeds for payroll costs, mortgage interest, rent, …

 

 

 

 
 

Opinion: I review mortgages – and I see 3 areas of possible trouble in the housing market

MarketWatch

In contrast to the run-up to the financial crisis, mortgage products today are … When the banks discover the fraud, borrowers will be faced with …

 

 

 

 
 

Cryptocurrency: Could India become a tech powerhouse for innovation if it lands a pro-crypto policy?

Financial Express

We can avoid instances such as mortgage fraud and other fraudulent activities. In other words, the evolution of Bitcoin and cryptocurrencies holds …

 

 

 

 
 

Former Maryland independent dealer allegedly pulls $2.2M fraud involving PPP funds

Auto Remarketing

Former Maryland independent dealer allegedly pulls $2.2M fraud involving PPP … Brooks, Jr., of Cheltenham, Md., on the federal charge of wire fraud. … retail stores, grocery stores, and auto auctioneers and mortgage payments for …

 

 

 

 
 

Arizona rancher gets 41-month prison term for fraud schemes

Your Valley

As a result of these fraud schemes, Marana Stockyards lost more than $1 … By appointment only + Nexa Mortgage -Scottsdale Team Scottsdale I am …

 

 

 

 
 

What we lose when bank branches disappear

Raconteur

“There is a much broader church of people who at certain moments of truth – someone’s died, or getting a mortgage or fraud on your account – still …

 

 

 

 
 

Ex-Broker Charged With Stealing a Client’s Life Savings

ThinkAdvisor

A former broker was charged with federal wire fraud and aggravated … R.M. also believed his mortgage was being paid by Blizzard according to the …

 

 

 

 
 

Citigroup Commercial Mortgage Trust 2016-P4 — Moody’s affirms six classes of CGCMT 2016-P4

Yahoo Finance

The certificates are collateralized by 45 mortgage loans ranging in size from less than 1% to 10% of the pool, with the top ten loans (excluding …

Citigroup Commercial Mortgage Trust 2016-P4 — Moody’s affirms six classes of CGCMT 2016-P4 – Yahoo Finance

Full Coverage

 

 

 

 
 

Businessman held for bank fraud in Hyderabad

Telangana Today

Businessman held for bank fraud in Hyderabad … Venkatesh, a resident of Nacharam allegedly submitted fake documents of properties in … the State Bank of India, through equitable mortgage for his business, Croma Automotives.

 

 

 

 
 

Paycheck Protection Program Audits Are Upon Us—Borrowers Prepare!

Lexology

… expenses such as payroll, rent, utilities, mortgage interest, and other limited uses. … All of these factors suggest an increased potential for fraud.

 

 

 

 
 

FCA’s new flat fee a ‘shock’ to networks

FT Adviser

The range of harms varies considerably – from mis-selling to fraud – but … increasing the cost burden on mortgage firms at a time of falling revenues.

 

 

 

 
 

Fintech CEO Guilty in Fraud Schemes, $7 Million COVID-19 Pandemic Loan Fraud

The Jewish Voice

Finally, CHENG fraudulently obtained due diligence fees from various … Instead of using the PPP loan proceeds for payroll costs, mortgage interest, …

 

 

 

 
 

WEB

 
 

Have I committed mortgage fraud without realising it? : LegalAdviceUK

Reddit

Have I committed mortgage fraud without realising it? · All replies to OP must be on-topic, helpful, and legally orientated; · Please do not comment just to …

 

 

 

 
 

Fintech CEO is dedicated to a number of fraud packages together with $ 7 million COVID-19 …

TAX LAW GAZETTE

… to states, bank fraud, securities fraud, and wire fraud in connection with […] … COVID-19 pandemic mortgage fraud and USAO-SDNY securities fraud.

 

 

 

 
 

GSE caps on investor loans may add to rising fraud risk: CoreLogic – newsotime

newsotime

The risk of misrepresentation on mortgage applications keeps rising, and new restrictions at the government-sponsored enterprises aren’t helping, …

 

 

 

 
 

-Minnesota Sales Agent Pre-Licensing Course 3 section 2 Continued Flashcards | Quizlet

Quizlet

Each mortgage fraud scheme contains some type of misrepresentation or ______ relating to the property or potential mortgage. omissions.

 

 

 

 

 

 

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