Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce loan debt for more struggling homeowners
February 4, 2012 Leave a comment
You have to admire her tenacity…
Law Office of Glenn F Russell Jr
January 8, 2012 Leave a comment
And the beat goes on…and on…and on…Hopefully, the final note will render penalties against all servicers that were involved in unethical practices to foreclose, including GMAC Mortgage LLC, which is predominately owned by the government (with our tax money funding their ‘slimey’ tactics)…Go figure!
December 4, 2011 1 Comment
Thank You Attorney Russell for doggedly pursuing these Gangster Banksters…
October 20, 2011 Leave a comment
The state’s highest court added further turmoil to the housing market today
when it ruled that buyers of foreclosed homes that were seized by lenders under
questionable circumstance may not be the legal owners of those properties, and
have few easy options to clear their titles.
The decision potentially leaves hundreds, if not thousands, of owners of
these properties in limbo, their only apparent recourse to either sue the lender
behind the botched foreclosure or “reforeclose” on the prior owner.
“It leaves us nowhere,” said Edward Bloom, president of the Real Estate Bar
Association of Massachusetts. “The residential housing market is never going to
stabilize and grow until all of these properties that are in foreclosure are
organized and cleaned out.”
October 5, 2011 Leave a comment
Massachusetts Attorney General Martha Coakley said today that she has “lost
confidence” in months-long talks between the nation’s attorneys general and
major US lenders that are aimed at holding banks accountable for wrongful
Coakley is not formally withdrawing from the discussions, but said that she
will continue to pursue legal options against lenders over allegations they
seized properties without first establishing they had the right to do so, or
filed “false or misleading” documents in county offices to speed foreclosures.