Alliance Legal Blog

Beware Foreclosure Assistance Scams

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Beware Foreclosure Assistance Scams It’s hard to believe someone would prey upon those in the midst of a foreclosure, but it all too often happens. Scams may not always be easy to spot. Scammers will often charge already distressed homeowners exorbitant fees and provide little or no […]

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Robo-Signing History Reaches Out To Haunt Ocwen

Robo-Signing History Reaches Out To Haunt Ocwen The recent agreement by mortgage services giant Ocwen to stop robo-signing was identical to the agreement reached in 2012 by the five major lending institutions. While the major banks – Bank of America, JP Morgan, Citi, Wells Fargo, and Ally/GMAC […]

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Breaking New: Scam Alert!

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Top Five Questions About Bankruptcy

Five Top Questions About Bankruptcy Bankruptcy is a means for a person who is facing insurmountable debts to be able to start anew. Unexpected medical bills, a job loss, a business failure or divorce can all be valid reasons to seek bankruptcy protection. Bankruptcy is a federal […]

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Foreclosure Defense Strategy: A Short Sale

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Foreclosure Defense Strategy: A Short Sale Does the balance of your mortgage exceed the value of your house? In real estate terms, you’re “underwater”. A foreclosure defense lawyer can advise about a short sale, which can be an effective way out of being trapped “underwater” in your […]

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Florida Still Near The Top For Foreclosures In November

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Florida Still Near The Top For Foreclosures In November Florida’s foreclosure rate led the nation in November, even though the Sunshine State is enjoying a healthy rebound in housing prices. The November statistics from RealtyTrac, a California based firm that tracks foreclosures, show that Florida had the […]

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Three Things a Lender Must Prove to Establish Chain of Title

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Three Things a Lender Must Prove to Establish Chain of Title As the housing bubble inflated, promissory notes were sold or re-assigned at a frenzied pace. A promissory note, the sole legal instrument proving that a lender is entitled to receive repayment of a loan, is a […]

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JP Morgan Forced Place Settlement May Open Floodgates

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JP Morgan Forced Place Settlement May Open floodgates Banking giant JP Morgan, along with an insurance company, paid out a $300 million settlement in September to settle accusations that they forced homeowners to buy insurance and in some cases inflated the policy prices via a kickback agreement. […]

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Banks Failed to Comply With $25 Billion Settlement Related to Foreclosure Abuse

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Banks Failed to Comply With $25 Billion Settlement Related to Foreclosure Abuse The country’s three largest banks, Bank of America, JPMorgan Chase & Co. and Citigroup Inc. are refusing to cooperate with standards required for dealing with mortgage customers. These standards were agreed to as part of […]

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Bank of America Rewards Staff for Sending Homeowners into Foreclosure

Bank Of America Slashes 12,500 Jobs In Wake Of Fleet Merger

Bank of America Rewards Staff for Sending Homeowners into Foreclosure “We were told to lie to customers,” said Simone Gordon, who worked in Bank of America’s loss mitigation department until February 2012. Bank of America paid cash bonuses and handed out gift cards to bank staffers for […]

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