We have attached an excellent document produced by Reuters that gives a good overview of not only the problems with robo-signers but explains the facts surrounding missing mortgage paperwork that is suddenly found – albeit maybe with different signatures and fabricated legal affidavits. Click HERE —> Mortgage Mess Robo Signers Return – Reuters Report May [...]
Trying to understand the Mortgage & Robo Signer mess? Read this doc!!!
Foreclosures backed up like stinky sewer
For those in the Greater Houston area that have cash out refinances or home equity loans which are in default you may be wondering why the bank isn’t trying to foreclose. Guess what…they are trying to foreclose but they are behind. Our office has been tracking the number of foreclosure applications that are submitted by [...]
December foreclosures set to go through the roof
Foreclosure are back with a vengeance in the Greater Houston area- just in time for Christmas. While November saw a lull in the number of homes posted for the monthly foreclosure auction, December is set to roar back with over 6,700 homes posted for sale. Posted Homes for Foreclosure Posted foreclosures for the Greater Houston [...]
Homes in Houston foreclosed regardless of the “Hold”
While many of the large banks claimed to have foreclosures on hold in October (and yes even November) so they could review their foreclosure procedures it appears they didn’t “hold” back much in the Greater Houston Area. Harris County shows 786 foreclosed in November vs 1,246 foreclosed in October. Fort Bend County shows 114 foreclosed [...]
Flagstar is shutdown by restraining order after breaking promises to homeowner
The decision makers at Flagstar Bank need a good flogging and they got the first lash on Tuesday, August 3, 2010 when Judge Carolyn E. Baker of the 295th U.S. District Court in Harris County signed a Temporary Restraining Order halting the foreclosure sale of a property in Houston. Like many homeowners, this family suffered [...]
Texas foreclosures down 10% but up in Fort Bend County
While RealtyTrac is reporting overall foreclosure filings in Texas are down 10.7% from last month they are still up 19.2% compared to October 2008. 1 in every 800 homes in Texas received a foreclosure notice which is far better than other parts of the country. But some Texas counties are fairing worse than others. Fort [...]








