Tag: foreclosure
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Miami judge warns big banks to stop playing cruel foreclosure games with people’s homes
By Noreen Marcus
FloridaBulldog.org
Miami-Dade Circuit Court Judge Beatrice Butchko is warning national banking giants and their counsel they’ll pay a hefty price if they commit fraud or violate due process or ethics rules to drive mortgage debtors out of their homes. -
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Broward courts use fees to prevent sun from shining on judicial records; a $132,000 demand
By Alison Fitzgerald
Center for Public Integrity
When the Center for Public Integrity last summer requested records from Florida’s 17th judicial circuit regarding the procedures and policies surrounding foreclosure cases, officials were more than happy to comply — for a price. -
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Secret Documents Show Weak Oversight of Key Foreclosure Program
By Paul Kiel
ProPublica
The Obama administration launched its main program to prevent foreclosures in the spring of 2009 with $50 billion and abundant promises. What the Home Affordable Modification Program, or HAMP, lacked — and wouldn’t have for years — was effective oversight of the big banks that were crucial to the program’s success. -
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Foreclosure Fail: Study Pins Blame on Big Banks
By Paul Kiel, ProPublica Over the past several years, we’ve reported extensively on the big banks’ foreclosure failings. As a result of banks’ disorganization and understaffing — particularly at the peak of the crisis in 2009 and 2010 — homeowners were often forced to run a gauntlet of confusion, delays, and errors when seeking a mortgage modification.
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