Category Archives: Foreclosure News

Bank Still Robo-signing After Foreclosure Settlement

ShareWells Fargo May Still Be Practicing Robo-signing Even After the Foreclosure Settlement It appears that Wells Fargo just doesn’t get it.  A little over a year ago, action was taken agains 8 of the largest mortgage loan servicers for “unsafe … Continue reading

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How are North Carolina Mortgages Foreclosed?

ShareIs North Carolina a Judicial or Non-judicial Foreclosure State? There are two different classifications for how a foreclosure is processed by states. One is Judicial, and the other is Non-judicial. There are thirty states that are non-judicial and 20 that … Continue reading

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Do Banks Need Original Docs to Foreclose? NC Court Decides

ShareMany banks have proceeded with foreclosures without original signatures and documents.  Their actions have caused much debate among law makers and home owners if this process is legal or not.  The North Carolina Supreme Court has heard arguments from attorneys … Continue reading

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Robo-Signer List at ForeclosureSelf-Defense.com

ShareThere has been lots of talk about “robo-signers” signing off on foreclosure documents without reviewing  them which led to homeowners wrongly loosing their homes.  Robo-signers are employees or contractors who worked for mortgage lenders and committed fraudulent activities.  The fraud … Continue reading

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Winston-Salem Area Foreclosure Filings Increased in January 2011

ShareWe still have an over supply of bank-owned REO properties for sale on the local Triad housing market, and it looks like more are on the way.  The Winston-Salem Metropolitan Statistical Area (MSA) had 345 foreclosure filings in January, 2011. … Continue reading

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2011 Predicted to be peak of foreclosure crisis

ShareMany people are hoping for a housing market rebound after the market crash began in 2007.  Foreclosures have been abound the last three years, however it looks like 2011 could be the worst yet. That’s not good news for a … Continue reading

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