A former West Allis mortgage loan modification officer has been charged with 11 felony counts of fraud.
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Lawyers uneasy about national loan data collection
Recent Senate hearings have sparked renewed debate over a national mortgage database that will hold information about millions of mortgage, credit card and auto loans, loan terms, borrowers’ credit profiles and financial information.
Read More »Baldwin: Tighten rules for future bank settlements
U.S. Rep. Tammy Baldwin is asking the nation's attorney general to make it harder for states to redirect money that comes from mortgage settlements against large banks.
Read More »4 charged in mortgage fraud scheme
MINNEAPOLIS (AP) — Four people from Minnesota and Wisconsin are charged in what authorities are calling a "sophisticated mortgage fraud scheme" involving fake documents — including phony divorce decrees and the forged signature of a Minnesota judge. The case involves the sales of foreclosed properties in the Twin Cities area and tens of millions of dollars ... Subscribe Login Digital ...
Read More »Attorneys general want more safeguards on foreclosures
By Marcy Gordon AP Business Writer Washington -- Iowa's attorney general is predicting it will be several months before reaching a deal with five big U.S. banks to change the foreclosure system, compelling lenders to modify more struggling homeowners' loans. Iowa's Tom Miller is a leader of the negotiations with the banks by the 50 state attorneys general ... Subscribe ...
Read More »Van Hollen part of AGs group reviewing foreclosures
Iowa Attorney General Tom Miller Wednesday unveiled the details of the multi-state mortgage foreclosure working group created to review the practice of “robo-signing” and other issues that have arisen against banks and mortgage processing firms.
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