Resources > News > Foreclosure Crisis News: February 2011

Charles Ferguson's Oscar Speech Rips Wall Street: 'Inside Job' Director Levels Criticism During Acceptance. THE HUFFINGTON POST February 28, 2011

One Of World's Largest Banks Warns Of Punishment For Improper Foreclosure Practices In U.S. THE HUFFINGTON POST (Shahien Nasiripour) February 28, 2011

Fannie Mae wants files back from fired firm. THE PALM BEACH POST (Christine Stapleton and Kimberly Miller) February 28, 2011

Some homeowners, who can afford the mortgage, still default as a strategy. THE PALM BEACH POST (Christine Stapleton) February 27, 2011

Waiting Seven Years for Two Answers. THE NEW YORK TIMES (Gretchen Morgenson) February 27, 2011

Robo-Signing Banks Set to Be Punished? AOL REAL ESTATE (Josie Gulliksen) February 26, 2011

Cummings Launches Major Investigation of Mortgage Servicer Abuses February 26, 2011

BofA, Wells, Citi see foreclosure probe fines. REUTERS (Joe Rauch and Clare Baldwin) February 26, 2011

Arizona Bill Would Void Foreclosures Without Full Title History. BLOOMBERG (Prashant Gopal) February 24, 2011

House Republicans Move to End Foreclosure Aid Programs. BLOOMBERG (Phil Mattingly) February 24, 2011

SEC Charges Former Treasurer of Major Mortgage Lender for Role in Securities Fraud and TARP Scheme. February 24, 2011

Court to decide on whether law firm's records can be subpoenaed in foreclosure fraud case. THE PALM BEACH POST (Christine Stapleton) February 22, 2011

Foreclosure firm challenges attorney general's right to investigate. THE SUN SENTINEL (Peter Franceschina) February 22, 2011

Lawyer’s name shows up on foreclosure docs filed months after she resigned. THE PALM BEACH POST (Kimberly Miller) February 22, 2011

Foreclosed homes from collapsed law firm still clogging Palm Beach County courts. THE PALM BEACH POST (Kimberly Miller) February 21, 2011

How a Whistle-Blower Conquered Countrywide. THE NEW YORK TIMES (Gretchen Morgenson) February 21, 2011

Foreclosure mediators: Banks pushed us to fail. THE PALM BEACH POST (Kimberly Miller) February 21, 2011

Foreclosure attorney Stern selling Hillsboro Beach estate properties - and perhaps a superyacht. THE SUN SENTINEL (Peter Franceschina) February 19, 2011

Florida leads nation with 1 in 5 behind on their mortgage. THE PALM BEACH POST (Kimberly Miller) February 18, 2011

Critics say MERS foreclosure halt shows broken business model. HOUSINGWIRE (Kerri Panchuk) February 18, 2011

More layoffs at Stern foreclosure firm. THE SUN SENTINEL (Peter Franceschina) February 17, 2011

Bank Regulator Pushing For Modest Settlement With Industry Over Improper Mortgage Practices. THE HUFFINGTON POST (Shahien Nasiripour) February 17, 2011

Countrywide Subpoena Could Make a Few Powerful People Nervous. CBSNEWS (Sharyl Attkisson) February 17, 2011

North Port pair fights fees in foreclosure skirmish. THE HERALD-TRIBUNE (Todd Ruger) February 17, 2011

Foreclosed homes still selling at Palm Beach County auction without representation. THE PALM BEACH POST (Kim Miller) February 17, 2011

U.S. close to punishing banks over foreclosures. REUTERS (Karey Wutkowski) February 17, 2011

Why Isn't Wall Street in Jail? THE ROLLING STONE (Matt Taibbi) February 16, 2011

Enforcement Action Coming Against Loan Servicers. CNBC (Diana Olick) February 16, 2011

New York's U.S. Bankruptcy Court Rules MERS's Business Model Is Illegal. THE HUFFINGTON POST (L. Randall Wray) February 16, 2011

Facing Foreclosure Without Missing A Payment: One Couple's Housing Nightmare. THE HUFFINGTON POST (Yepoka Yeebo) February 16, 2011

Conflict in state law at center of foreclosure case appeal. THE DAILY BUSINESS REVIEW (Paola Iuspa-Abbott) February 16, 2011

Foreclosure law firm lays off nearly half of its staff, after losing Fannie Mae. THE SUN SENTINEL (Diane Lade) February 16, 2011

New York Courts Vow Legal Aid in Housing. THE NEW YORK TIMES February 16, 2011

Judge Axes Foreclosure, Bans Do-Over, Holds Lawyer in Contempt; Fannie Mae Pulls Files from Firm. ABA JOURNAL (Martha Neil) February 15, 2011

David Stern – The Foreclosure King. MANDELMAN MATTERS February 15, 2011

SEC charges former IndyMac executives with fraud. THE WASHINGTON POST (Ylan Q. Mui) February 12, 2011

Lawyer held in contempt over 'fraud' in foreclosure filing. THE PALM BEACH POST (Kimberly Miller and Christine Stapleton) February 12, 2011

Foreclosure filings drop as officials raise questions over process. THE WASHINGTON POST (Ariana Eunjung Cha) February 11, 2011

Fannie Mae fires second South Florida law firm. THE PALM BEACH POST (Kimberly Miller) February 11, 2011

Fannie Mae terminates relationship with Florida law firm Ben-Ezra & Katz February 10, 2011

J.P. Morgan Apologizes for Military Foreclosures. THE WALL STREET JOURNAL (Maya Jackson Randall) February 9, 2011

Chase admits it erred in foreclosing on troops. ARMY TIMES (Bart Jansen - Gannett) February 9, 2011

Fla. investigating 3 law firms after consumer complaints about defaulted mortgages. THE PALM BEACH POST (Kimberly Miller) February 9, 2011

Foreclosure mediation waste of time? Family now wonders. TAMPA BAY ONLINE (Shannon Behnken) February 9, 2011

South Florida foreclosure defense firm will litigate 22 cases for free. THE SUN SENTINEL (Diane C. Lade) February 9, 2011

Mortgage Modifications Failing, Sparking More Economic Stress. THE HUFFINGTON POST (Yepoka Yeebo) February 8, 2011

Will Florida Finally Punish Banks and Lawyers for Foreclosure Document Fraud? DAILY FINANCE (Abigail Field) February 8, 2011

Citigroup Settles Fraud Cases Tied to Texas Mortgage Assigner. BLOOMBERG (Donal Griffin and Dakin Campbell) February 8, 2011

Mirabile Dictu! SEC is Taking a Hard Look At Bad Mortgage. NAKED CAPITALISM (Yves Smith) February 8, 2011

Court's stance on foreclosure case could have big impact. TAMPA BAY ONLINE (William E. Lewis Jr.) February 6, 2011

Desperate homeowners seek free legal help fighting foreclosure. THE SUN SENTINEL (Paul Owers) February 6, 2011

Lenders compound court errors. THE PALM BEACH POST (Christine Stapleton and Kimberly Miller) February 6, 2011

Free foreclosure defense for 25 Palm Beach County homeowners. THE SUN SENTINEL (Paul Owers) February 3, 2011

Learning To Walk: Fear, Shame And Your Underwater Mortgage. THE HUFFINGTON POST (Ryan Grim, Arthur Delaney and Lucia Graves) February 3, 2011

Lawyers' Carelessness Was Key to the Mortgage Mess. DAILY FINANCE (Abigail Field) February 3, 2011

Proposed class action targets BofA on foreclosures. REUTERS (Dan Levine) February 3, 2011

4th DCA gives Bank of New York Mellon a reprieve. DAILY BUSINESS REVIEW (Adolfo Pesquera) February 3, 2011

Case involving alleged foreclosure fraud headed to Florida Supreme Court. THE SUN SENTINEL (Peter Franceschina) February 2, 2011

Bet on Foreclosure Boom Turns Sour for Investors. THE NEW YORK TIMES (Julie Creswell and Barry Meier) February 2, 2011

Respected litigator to join Shapiro & Fishman. THE PALM BEACH POST (Alexandra Clough) February 2, 2011

Florida foreclosure cases dramatically slowed in court system. THE SUN SENTINEL (Peter Franceschina) February 1, 2011

Holly Petraeus Urges Top Banks to Follow Law on Military Debts. BLOOMBERG (Carter Dougherty) February 1, 2011

BLOG: New consumer bureau warns banks not to foreclose on active-duty military. L.A. TIMES (Jim Puzzanghera) February 1, 2011

JPMorgan Faces Texas Sheriff in Showdown Over Eviction Case Fees. BLOOMBERG (Prashant Gopal and Thom Weidlich) February 1, 2011

Homeowners fight 'unjust' foreclosures by lenders. DAILY BUSINESS REVIEW (Paola Iuspa-Abbott) February 1, 2011

Florida Bar says foreclosure lawyers must report fraud to court. THE PALM BEACH POST (Christine Stapleton and Kimberly Miller) February 1, 2011