arizona bankruptcy lawyer: Foreclosure Radio Show - What is this new Mortgage Mess Settlement Proposal?
- 03/13/11 08:49 AM
Here the show now - 50 STATES ATTORNEY GENERALS PROPOSE SOLUTION TO GIVE HOMEOWNERS A FAIR SHAKE IN THE LOAN MODIFICATION PROCESS - ATTORNEY STEVE FORECLOSURE RADIO. MORE FORECLOSURE INFORMATION CAN BE FOUND AT FORECLOSURE DEFENSE RESOURCE CENTER BANKRUPTY LITIGATION AND ADVERSARY PROCEEDING INFORMATION (SAVE MY HOME) CAN BE FOUND AT UltimateBK.com.
The Arizona Attorney general's office entered into a settlement agreement with Bank of America which required Bank of America to help struggling homeowners get answers to loan modification requests and help modify "qualifying mortgages" for "eligible borrowers" and help provide relocation assistance to some homes that have been foreclosed. Of course, the settlement agreement was signed, but now the Attorney General is claiming BofA breached the agreement. Should anyone be surprised? Specifically, the Attorney General is claiming a breach of the settlement agreement in the following respects: (1) Foreclosing … (0 comments)
arizona bankruptcy lawyer: Contreras v. US Bank, Arizona Wrongful Foreclosure Lawsuit - Case Brief!
- 01/25/11 08:28 AM
Here is a brief of a case that deals with Arizona wrongful foreclosure law. This is not intended to serve as legal advice, or a substitute for legal advice. Contreras v. US Bank, No. CV09-0137-PHX-NVW. (Dist. Ariz. 2009). Facts: Mr. and Mrs. Contreras purchased a home located at 8220 West Georgia Avenue, Phoenix, AZ in January 2006. To purchase the property they obtained a mortgage through Act Lending Corporation doing business as “Act Mortgage Capital”(ACT). The loan amount was $488,000. The mortgage Deed of Trust identified ACT as the Lender and the Trustee. It also names MERS as the beneficiary under … (0 comments)
We will be discussing our Client who reinstated her loan (with Bank of America) prior to the foreclosure trustee sale of her property. The trustee informed my client they would be putting her sale on hold and if they did sell the proeprty they would announce Plaintiff had reinstated her loan. The trustee was Recontrust (a subsidiary of Bank of America) and although Plaintiff was informed that the sale would be put on hold, it obviously was not. A purchaser bought the property at auction for $198,000 then raced back to Plaintiff's house and coerced her into signing a … (0 comments)
Another link to News on Arizona SB 1259. Looks like the Produce the Note theory in Arizona chain of title is dying a slow death. Sounded great at first, then typical politics takes over. 
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