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[-] Ally Bank mortgage foreclosure moratorium - Leigh Attridge/MA (2 replies)
9/22/2010 5:55:14 PM (6687 views)
Re: Ally Bank mortgage foreclosure moratorium - Slade Smith/OH
9/23/2010 2:46:48 AM (2754 views)

I tried to start a blog on this story, but I didn't really have a fresh take on it. 

This guy's deposition has been out there since last December,  along with several other similar ones from other bank employees and foreclosure mill employees who also robo-signed no-read affidavits.  I feel a little sorry for Ally/GMAC because they're merely the first to attempt to correct their problem (or be forced to do so by an investigation?), so they are getting all the heat.  

At any rate, the chickens appear to be coming home to roost for all the banks that cut corners on their foreclosure paperwork.  This is just going to cause further delays in foreclosures and push out the possibility of a housing recovery just that much farther into the future.

 

 

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Re: Ally Bank mortgage foreclosure moratorium - Leigh Attridge/MA
9/23/2010 8:09:28 AM (2742 views)

[+] Boston National Settlement Serivces - Matthew DeLand/NY (3 replies)
9/22/2010 5:35:36 PM (3517 views)

[+] Comment on "Elizabeth Warren Takes on Simplifying Mortgage Documents" - Source of Title/OH (17 replies)
9/22/2010 1:52:58 PM (3208 views)

National Bank Operating Subsidiary List - Leigh Attridge/MA
9/22/2010 8:29:48 AM (4337 views)

[+] Comment on ""Abstractor" Gets Drilled By Cops Over Fake Gas Rights" - Source of Title/OH (5 replies)
9/20/2010 7:01:09 PM (3127 views)




[+] Lefty blogs pick up on title issues - Slade Smith/OH (1 reply)
9/20/2010 5:54:30 PM (4614 views)

[+] Global Data Source - Stacey Duque/GA (8 replies)
9/20/2010 4:36:39 PM (3457 views)

[+] Comment on "Undisclosed Code Violation Notices Leave Homebuyers Holding the Bag" - Source of Title/OH (13 replies)
9/20/2010 2:03:35 PM (2970 views)

[+] Another Case of a Bank Foreclosing in Error - Slade Smith/OH (1 reply)
9/17/2010 2:16:24 PM (4533 views)

[+] Fidelity National Agency Solutions, Plano TX - HOPE DEZERN/SC (9 replies)
9/17/2010 1:57:01 PM (9551 views)

Terry Abstract Company - Tina  Latting/MO
9/16/2010 4:39:27 PM (2897 views)

[+] NALTEA conference in Dallas - Jill Kissell/IA (6 replies)
9/15/2010 9:05:38 PM (3145 views)

[+] Taking under the RICO statute - Leigh Attridge/MA (7 replies)
9/15/2010 10:29:32 AM (3463 views)

[+] Neighborhood feud in Marblehead - Leigh Attridge/MA (2 replies)
9/15/2010 8:50:57 AM (4896 views)

[+] Ameristar's payment policy - Sharon Yahraes/ID (4 replies)
9/13/2010 11:51:24 AM (3251 views)


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