Court rules against banks in pivotal mortgage case

By on Jan 10, 2011 in Foreclosures | 3 comments

The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. Friday in a widely watched mortgage foreclosure case that could have serious implications for the nation’s largest banks. The Supreme Judicial Court affirmed a lower court judge’s ruling invalidating two mortgage foreclosure sales because the banks did not prove that...

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M&I Extends Foreclosure Moratorium to Assist Distressed Homeowners

By on Jan 6, 2011 in Foreclosures, Real Estate Investing | 0 comments

Wisconsin’s largest bank, Marshall & Ilsley Corporation (M&I), has extended its foreclosure moratorium for distressed homeowners through March 31 as part of its Homeowner Assistance Program. M&I originally instituted the foreclosure freeze in December 2008, as has been a typical practice for many lenders around the holiday season since the housing...

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Why 2011 Real Estate Investing Is Different And How To Monetize It

By on Jan 3, 2011 in Foreclosures, Real Estate Investing | 0 comments

Happy New Year! 2011 will be an exciting year. We’re smack dab in the middle of the biggest market shift we’ll ever see in our lifetime and the middle of a double dip decline in housing prices. This creates challenges. But it also creates opportunity. Join me on a special presentation this Wednesday night where I’ll share with you exactly how to...

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Overcome Laziness & Procrastination in 2011 Replay

By on Dec 16, 2010 in Foreclosures, Real Estate Investing | 0 comments

If you didn’t get a chance to join me and Jeff Watson live on Wednesday night’s webinar, check out the video, below. I love when Jeff and I can just get together and talk about these topics that are so important to us and share them with you. So what did we cover? We broke it down into three main topics: 1. 9 simple strategies to overcome laziness and...

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Bank of America Gets Low Marks for Delinquency Resolution

By on Dec 13, 2010 in Foreclosures, Real Estate Investing | 0 comments

The time mortgage loan servicers take to resolve delinquent loans through modification or foreclosure varies widely. According to an analysis by Moody’s Investors Service, Bank of America has demonstrated the weakest performance measured both by its speed in resolving the status of delinquent loans and by its proportion of delinquent loans that have yet to be...

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