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Loan Modification

: Mortgage Lender Implode-o-Meter

For Whom the Bell Tolls: Making the Best Choice for Borrowers in a Bad Situation

By Implode-Explode Heavy Industries

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"This week, the housing news has been dismal: record low sales, talk of a double dip in values, and growing foreclosures. Meanwhile, the help that many homeowners hoped would come from government programs has not materialized. Instead, ever changing and complicated programs without teeth seem designed to prop up the industry rather than truly assist homeowners. Not surprisingly, many borrowers are coming to the realization that their options are limited. "

Full post as published by Mortgage Lender Implode-o-Meter on August 28, 2010 (boomark / email).

Lawsuits and Settlements

Westinghouse
alleging that former Westinghouse employees are being deprived of a choice in health care prescription plan benefits that were formerly available to them through union bargaining.

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.

Bell Canada
allegedly throttling internet speeds

Preliminary $1M Settlement Reached in Bell Canada Late Fees Class Action
Preliminary $1M Settlement Reached in Bell Canada Late Fees Class Action

False Claims
Attorney Robert Arledge ordered to pay $5.8 million after making false Fen Phen settlement claims.

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