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Tag: settlement

Settlement Or No Settlement; Homeowners You Must Stand Your Ground!

If there was anything positive that came out of the prolonged discussions between the states and the banks on the mortgage servicing settlement, it was that banks were reluctant to go full steam ahead in the foreclosure process while talks were ongoing. But even before the settlement was announced, we saw signs that pointed to more foreclosures in 2012. According […]

Robosigning Settlement Proves Sky Was Falling! Chicken Little Was Right!

Fri Feb 10, 2012 by on Bank Fraud & Roy Oppenheim

Yesterday’s robosigning settlement that all but one state ultimately signed off on, was far from perfect. Let’s make that perfectly clear. Depending on what you have read, you might be outraged, you might be relieved, you might be overjoyed. And the target of your wrath or sympathy might depend on your own personal perspective. But make no mistake about it, […]

Homeowner's Super Bowl — Clock Winding Down on Robo-Signing Settlement

The clock may have run out on this year’s Super Bowl (Way to go Giants!!) but there’s still a few minutes left in this year’s REAL grudge match, the Banks vs. the Attorney Generals. It’s 4th and Inches, the score is tied, and it would be nice to avoid overtime. Today we could learn whether the much-discussed robo-signing settlement with […]

Foreclosure Fallout: Robo-Signing deal falls flat

President Obama is likely to talk about this in tonight’s State of The Union Address, but we’re not going to wait that long. With details of the proposed $25 billion settlement with the nation’s largest banks over the robo-signing fiasco now out in the public eye thanks to the Associated Press, we feel a large sense of disappointment. There’s no […]