Day archives: November 19th, 2010

FTC Issues Final Rule to Protect Struggling Homeowners from Mortgage Relief Scams

News release: “Homeowners will be protected by a new Federal Trade Commission rule that bans providers of mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they decide is acceptable. The FTC is issuing the Mortgage Assistance Relief Services (MARS) Rule to …

Subjects: E-Government, Government Documents

Robo-Signing and Other Alleged Documentation Problems in Judicial and Nonjudicial Foreclosure Processes

Robo-Signing and Other Alleged Documentation Problems in Judicial and Nonjudicial Foreclosure Processes, David H. Carpenter, Legislative Attorney, November 15, 2010 “In recent weeks, several employees and individuals with power of-attorney signing authority for major servicers, including GMAC Mortgage, J.P. Morgan Chase, and Wells Fargo have been deposed as part of foreclosure contests. These depositions raised …

Subjects: Government Documents

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FTC Issues Final Rule to Protect Struggling Homeowners from Mortgage Relief Scams

Robo-Signing and Other Alleged Documentation Problems in Judicial and Nonjudicial Foreclosure Processes

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Robo-Signing and Other Alleged Documentation Problems in Judicial and Nonjudicial Foreclosure Processes