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Bank of America Suspends Foreclosures in 23 States

The largest bank in the country has halted forecloses in 23 states following the discovery and disclosure of the notorious “robo-signers” infiltration of its ranks[1]. Bank of America joins JP Morgan...

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Old Republic National Title Announces It Will No Longer Insure Chase, GMAC/Ally

Yesterday, Old Republic National Title, one of the biggest title insurance companies in the country, announced that it will no longer insure titles for two of the United States’ biggest lenders, JP...

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Foreclosure Moratoria Could Create a Price Avalanche

As more states come to the conclusion that they need to place at least partial moratoria on foreclosures, preforeclosures and sales of foreclosed properties (REO) in an effort to prevent the...

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