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Real Estate & Property Law

: The Home Equity Theft Reporter

Foreclosure Environment "A Total Mess" As Loan Servicers Fail To Address Allegations Of Sloppiness, Fraud

By r morris

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Bankrate.com reports:Revelations of bank errors and allegations of fraud have created a "total mess" surrounding today's foreclosures, says Walter Dees, a housing counselor for ClearPoint Credit Counseling Solutions in Los Angeles. "It's a huge paperwork problem," he says. "Banks are overwhelmed, and so are homeowners."Overwhelmed might be an understatement. Lawyers who work with homeowners to

Full post as published by The Home Equity Theft Reporter on November 05, 2010 (boomark / email).

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