Can I trust my mortgage company?

The simple answer is – If it’s not in writing it, NO.
If you have a repayment plan, modification or foreclosure postponement offer get it in writing.  Demanding you agree to an over the phone, verbal agreement is likely worthless and in my opinion proves that they aren’t willing to send it to you in writing.
Does [...]

MERS – Who or What are they?

Recently we came across a great list of data points on MERS.   Prepare to be overwhelmed with the purposeful confusion MERS aims to achieve.  Articles specifically about MERS can be found here.
MERS Basic Corporate Information

MERS is incorporated within the State of Delaware.
MERS was first incorporated in [...]

IndyMac sets record for slowest response to RVD!

IndyMac has set a new record (at least in our office) for the longest time for a simple response to a Request for Validation of Debt (“RVD”).   Granted some mortgage companies never respond but as far as actually responding this sets a new bar.
We sent a standard RVD to IndyMac, now OneWest Bank, asking [...]

Toxic Titles: Part Two – “Don’t mind me if I put an extra lien on your home”, says bank.

Continuing the “Toxic Title” issue
The second nasty title cloud appears when homeowners have modified their loan or taken the dreaded “HomeSaver Advance” which was rampant the last few years.
Let’s examine the result of a typical HomeSaver Advanced deal.  Imagine falling several payments behind and now you owe the bank $8,000 in past due payments.  We [...]

Evidence. Where’s the proof!!!

The biggest mistake most people make is not knowing basic rules of evidence.

Testimony from a “copy” is inadmissible. Testimony is inadmissible unless it comes from a witness accepted by the court — not some lawyer lathering up his mouth and using finesse to escape the rules of evidence.   Every witness must be sworn, must [...]