After taking one on the chin, compliments of Federal Judge Michael Simon in James II, the bank we love to hate has decided it needs
“Wells Fargo’s conduct is clandestine. Rather than provide Jones with a complete history of his debt on an ongoing basis, Wells Fargo simply stopped communicating
No sooner did I post a piece about the evils of force-placed insurance [here], than American Banker interviewed Kevin McKechnie, executive director of the American
“All things considered, I think I’d rather be a poor lawyer than a rich banker. At least the legal industry has ethical rules and disciplinary
With the slowdown in real estate and the increasing difficulty in obtaining bank financing, some home sellers have begun to consider carrying the financing themselves
Oregon Revised Statute 94.712 is worth noting by distressed property sellers and their Realtors®. Section (1) reads as follows: “An owner shall be personally liable
FANNIE AND FREDDIE – SUCKLINGS ON THE PUBLIC TEAT According to a 2009 Vanity Fair article, in the 1980s Fannie Mae was “…one of the largest,
Foreclosure today is not what it used to be. In the past, banks and borrowers tried to avoid foreclosure, since it was a lose-lose proposition
On March 5, 2012, the Oregon Legislature passed a sweeping series of changes to its trust deed foreclosure law, SB 1552. Once signed by the
In a hastily convened telephone conference, B.L. Zebub, Belial Bank’s devilish, but distraught, leader, queries the attendees on the remarkable [some might say “miraculous”] turning
