State investigation finds more problems with foreclosure procedures
By Rita R. Robison, Consumer Specialist Widespread problems continue to occur that make it difficult for consumers to stop foreclosures of their homes. Foreclosure trustees are required by state law to...
View ArticleClaim forms being sent to consumers who had foreclosures with five big...
Claim forms are being sent to about 34,000 Washington state borrowers who lost their home to foreclosure. Under the $25 billion national foreclosure settlement negotiated by 49 states and the federal...
View Article10 banks pay $8.5 billion to settle mortgage charges, but consumer groups...
Ten banks under enforcement action for faulty mortgage and foreclosure procedures have reached an agreement with the Office of the Comptroller of the Currency and the Federal Reserve Board to pay more...
View ArticleFederal agency issuing more rules to improve mortgage and foreclosure procedures
In addition to the rules announced earlier this week, the Consumer Financial Protection Bureau is issuing more rules to outlaw the kinds of abuses that led up to the housing crisis and the foreclosure...
View ArticleFeds find mortgage problems at banks and other mortgage servicers
A report by the Consumer Financial Protection Bureau shows mortgage servicing problems at banks and mortgage companies. The report also found that many mortgage companies lack adequate systems for...
View ArticleCourt order halts foreclosures conducted by trustee Cal-Western
State officials are charging foreclosure trustee Cal-Western of Washington Inc. with unfair and deceptive business practices, and a temporary restraining order has been issued in King County Superior...
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