Posts Tagged 'foreclosure'

Jim Cossit to Speak about Zombie Mortgages at NCLC Conference

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Jim Cossitt is slated to be a featured speaker at the National Consumer Law Center’s Summer Mortgage Conference – Foreclosure Echo: Addressing the Ongoing Consequences of the Foreclosure Crisis on July 9-10, 2015 in Washington DC.   Jim will speak on July 10 at 10:40 am, along with Judy Fox (University of Notre Dame), on the topic of Zombie Mortgages.

Although foreclosure rates continue to decline, the effects of the foreclosure crisis still reverberate throughout the country. ...

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Bullied During Foreclosure?

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The fallout from the great recession is far from over. Some homeowners are just now starting to feel the backlash from the mortgage crisis and the big banks predatory lending practices (and other shenanigans).

This article in the New York Times exposes some of the invasive tactics that Bank of America, CitiBank and JP Morgan Chase have been using to get delinquent home owners out the door.

According to the New York ...

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Why Your Home Isn’t a Retirement Fund

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Editor’s note: This is another cross-post from our friend and California bankruptcy lawyer, Cathy Moran. We always appreciate Cathy’s insights. This post discusses why you should never think of your home as your retirement fund. This same advise could apply to any financially-distressed person who regards his home as a cash machine.

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Do you consider your house as your retirement nest egg?

You’re not alone. In fact, lots of my clients are convinced that their ...

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