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Foreclosures

Firm creates foreclosure defense dept.

While law firms have long represented banks and other mortgage holders in foreclosure proceedings, at least one local law firm has seen opportunity on the other end.

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Court: Homeowner waived foreclosure defense

A homeowner could not set aside a foreclosure sale based on the lender’s alleged failure to comply with federal housing regulations prior to the sale, Maryland’s highest court has ruled.

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Caught by mistake in the foreclosure web

Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal’s sedan was peeling out of his driveway. Nailed to Marconi’s front door was a foreclosure summons from Wells Fargo ...

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Report: Foreclosure mess could threaten banks

WASHINGTON, D.C. — The disarray stemming from flawed foreclosure documents could threaten major banks with billions of dollars in losses, deepen the disruption in the housing market and hurt the government’s effort to keep people in their homes ...

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Xerox offers mortgage doc software

Xerox Corp. announced the launch of a newly redesigned software program enabling lenders a faster and more convenient home buying experience, said company executives. Xerox aims to lead the mortgage industry’s pursuit ...

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