Heroic Investing

foreclosure process

The Robosigning Scandal: Outcomes for Investors

The Robosigning Scandal: Outcomes for Investors

In February 2012, a number of high-profile lenders including Wells Fargo, Citi, Ally, Bank of America and JP Morgan Chase reached a settlement with the US government in the so-called “robosigning” scandal that saw thousands of foreclosure cases processed without anyone ever actually reading the documentation...

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Hardships Open Doors to Short Sales

Hardships Open Doors to Short Sales

Recent news that the number of US mortgage delinquencies continues to fall indicates good news for the beleaguered US housing market as a whole. With better employment conditions and a willingness on the part of some lenders to assist struggling homeowners, fewer houses are ending up in foreclosure....

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