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Bankruptcy and Loan Mod Dilemna: Do You Know Who Your Mortgagee Is?
Today’s NY Times has an interesting article about a key issue facing bankruptcy and loan modification attorneys: who holds their client’s mortgage? This is not always so easily answered as Wells Fargo and its borrower discovered. Wells Fargo now finds itself subject to possible sanctions from a Bankruptcy Judge as a result of the confusion […]
The Crisis Within The Crisis; Non-Attorneys and Out-Of-State Attorneys Making a Mess Of Loan Modifications (Why Homeowners Need Local Attorneys)
/in Foreclosure & Loan Mod Blog /by Scott LaninThere is only one way that a loan modification should be handled – by a local attorney licensed in the state where the real estate is. In the midst of the worst foreclosure crisis in history, there seems to be a subcrisis developing. An entire market of loan mod scammers has risen to the surface.
Bankruptcy and Loan Mod Dilemna: Do You Know Who Your Mortgagee Is?
/in Foreclosure & Loan Mod Blog /by Scott LaninToday’s NY Times has an interesting article about a key issue facing bankruptcy and loan modification attorneys: who holds their client’s mortgage? This is not always so easily answered as Wells Fargo and its borrower discovered. Wells Fargo now finds itself subject to possible sanctions from a Bankruptcy Judge as a result of the confusion […]