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Typically, the mortgage lender who is servicing your loan is NOT the one who originated the loan. This is GOOD news for you and BAD news for the mortgage servicing company.
Chip Parker, Jacksonville Consumer Attorney makes some key points about mortgage lenders and foreclosures.
“Does your foreclosure complaint even have copies of the note, mortgage and assignment attached? Most likely, these documents are not attached, and may not even be in the possession of your mortgage company, “says Parker.
For all the foregoing reasons, the above-captioned Foreclosure Complaints are dismissed without prejudice.
IT IS SO ORDERED.
DATE: October 31, 2007
U.S. foreclosures in the first quarter more than doubled from a year ago, with one in every 194 households receiving a foreclosure filing in the three-month period
46 out of 50 states and 90 out of the country's 100 largest metropolitan areas are seeing an increase in foreclosures
3 out of every 1000 homes have been repossessed nationwide due to foreclosures in first quarter 2008, up 71% from a year ago
Las Vegas, Miami and Phoenix all saw housing prices plummet by at least 20%.
Originally posted by marg6043
What is going to happen when all this people starts to become homeless.
Right now in my neck of the woods the government sponsored housing complex are full and the list of people waiting for housing is just growing.
One of King County's largest food banks shuts down
Saturday, August 30, 2008
After 35 years of helping people survive, the Operational Emergency Center could not survive.
Next, they'll sell the building and pay off their debts and hope their thousands of clients will find somewhere else to get help.