The National Association of Consumer Advocates, the National Association of Consumer Bankruptcy Attorneys and the National Consumer Law Center have released the results of a survey showing that “mortgage servicers continue to initiate foreclosure proceedings improperly, either while a homeowner is awaiting a loan modification or due to improper fees or payment processing.” And it’s occurring even after the services signed an earlier settlement to end the practices.
|By: David Dayen Wednesday February 22, 2012 4:06 pm|
|By: David Dayen Tuesday December 20, 2011 12:40 pm|
Now here’s one of those tanigble victories for the Occupy movement. In Atlanta, protesters saved the house of an Iraq war veteran from foreclosure. There are thousands of potential stories just like Brigitte Walker’s, and thousands of potential activists ready to act on the situations. It’s time to get to work.
|By: David Dayen Monday October 4, 2010 3:20 pm|
The 100-hour mortgage modification marathon event at the Los Angeles Convention Center — which started on Thursday and closes today — was organized by NACA, the Neighborhood Assistance Corporation of America. Officials expected to get 40,000 struggling borrowers a chance to come to a solution with their lenders throughout the five days.
|By: David Dayen Thursday July 29, 2010 4:54 pm|
The Treasury Department is offering special off-the-record briefings to reporters to give another side to the widely held view that their foreclosure mitigation strategies are completely failing.