Foreclosure Case Could Slam Banks
Michelle Conlin Reuters 8:04 p.m. CDT, May 9, 2012 NEW YORK (Reuters) – The Florida Supreme Court is set to hear oral arguments Thursday in a lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial liabilities in the...
Wells Fargo Slapped With $3.1 Million Fine For ‘Reprehensible’ Handling Of One Mortgage
Protesters Mark The 160th Year Of Wells Fargo With Satirical Birthday Party A federal judge who has fiercely criticized how big banks service home loans is fed up with Wells Fargo. In a scathing opinion issued last week, Elizabeth Magner, a federal bankruptcy judge in...Alabama Supreme Court reverses summary judgment against homeowner
In an opinion issued February 2012 in the Emmett and Debra Jackson vs. Wells Fargo Bank, NA, CV-08-001894 filed in Mobile County Circuit Court, the Alabama Supreme Court ruled that the Jacksons’ claim for breach of contract related to a wrongful foreclosure was...Homeowners battle banks to stop foreclosures…and win
by: Steven Bridges for msnbc.com Jewel and Jack Miser stand in front of their home in Sweetwater, Tenn. After trying for more than a year to modify their loan, they won a settlement in court that cut their monthly payment by about 15 percent. Revenge can be sweet....