The cruelest trick played on homeowners trying to modify their mortgage was dual tracking. One side of the bank assured the borrower that their loan modification application was being considered and they didn’t need to worry. All the while, the other side of the bank was conducting a foreclosure sale. The borrower wakes up […]
Strictly California
Your Home Loan May Be Excluded From Homeowner Bill of Rights
Homeowners whose loans were originally made by a federally chartered savings bank are excluded from protections of HBOR, a federal judge has ruled. Dual tracking is back on the rails California Homeowners Bill of Rights, enacted January, 2013, prohibited … Read Full Article
Life And Death of Debt In California
CPR has its place when human life is involved. Human life is precious. But if what's dying is the legal right to collect a debt, not so fast. You don't want to breathe new life into an old debt that is legally dead. Yet you can do that, … Read Full Article
When Your Bank Account Is Seized: California Action Plan
Time is short when you get a notice that a creditor has levied your bank account. California has protections that may allow you to recover money that's been seized. But success in getting your money back depends on prompt action and following … Read Full Article
