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Independent Foreclosure Review By The Numbers -- Goldman Sachs and Morgan Stanley
11 of the 14 banks involved in the Indpendent Foreclosure Review reached a settlement with the OCC and the Fed. Not too long ago, I wrote about the ...
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Sulaiman Law Group, Ltd.
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Emotionally supporting a loved one who is struggling financially
When one's financial situation becomes overwhelming, maintaining a strong support system is critical. However, supporting a loved one who is wrestling ...
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Sulaiman Law Group, Ltd.
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Mailing Checks To Consumers -- National Mortgage Settlement Version
Any reader of this blog knows that the Independent Foreclosure Review has been utterly bungled all the way down to bouncing checks. Not to be ...
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Sulaiman Law Group, Ltd.
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The Hits Keep On Coming -- Independent Foreclosure Review Checks Are Bouncing
Just when you thought that the Independent Foreclosure Review couldn't be any more of an utter failure . . . According to DealBook, the checks being ...
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Sulaiman Law Group, Ltd.
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Zombie Mortgages In The News
WGN-TV picked up on my posts about zombie title and zombie mortgage, etc. I had the privilege of being interviewed for a segment on zombie mortgages ...
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Sulaiman Law Group, Ltd.
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Independent Foreclosure Review Payouts -- A Pittance For Your Troubles
ProPublica has released some data that explains how the Independent Foreclosure Review payments are being distributed. As you may recall, the ...
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Sulaiman Law Group, Ltd.
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FHFA Extends HARP Refinance Program to 2015
According to Bloomberg , the FHFA has extended the HARP refinance program to the end of 2015. This means that homeowners whose mortgages are backed by ...
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Sulaiman Law Group, Ltd.
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Illinois Supreme Court Announces Effective Date of New Foreclosure Rules
As you may recall, the Illinois Supreme Court postponed the enforcement of its newly-announced foreclosure rules because it was unclear whether those ...
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Sulaiman Law Group, Ltd.
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Why Closing Credit Card Accounts Can Hurt Your Credit Score
Most people don't know that closing credit card accounts can hurt their credit score. However, according to this article by Adam Levin, this is one of ...
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Sulaiman Law Group, Ltd.
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Can A Bank Sue You For A Deficiency After The Foreclosure Lawsuit Is Over?
Since the implosion of the real estate market, we have seen a massive number of foreclosures in Illinois. In many of these cases, homes were sold at ...
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Sulaiman Law Group, Ltd.
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Freddie and Fannie Announce a New Loan Modification Program
Freddie and Fannie are (rightfully) the target of some serious criticism in the consumer defense sector -- FHFA Director Ed DeMarco's refusal to allow ...
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Sulaiman Law Group, Ltd.
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Chief Justice John Roberts a Victim of Credit Card Fraud
File this under -- "can happen to anyone." According to Al Kamen of the Washington Post , U.S. Supreme Court Chief Justice John Roberts was recently ...
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Sulaiman Law Group, Ltd.
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