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Mortgage Related

Quantum Law Firm Selling Mass Litigation Alliance Mass Joinder Lawsuit Participation. Looks Like a Blank Check.

Quantum Law Firm

A tipster (send in your tips here) sent in a recent cover letter from Quantum Law Firm that included the Mass Litigation Alliance engagement pack. The cover letter states all the consumer needs to do is have a representative come out to pick up the completed package. I frequently hear from people they are sold participation in these mass joinder ... Read More »

    California Bar Journal Issues Warning on Mass Joinder Mortgage Litigation

    Ready to Collapse

    Nancy McCarthy of the California Bar Journal published an article warning consumers about the sudden wave of mass joinder marketing and the 1012-R mailers that are being sent out. When Los Angeles lawyer Luis Rodriguez responded to a summons-like mailer [Form 1012-R] soliciting him to join other homeowners in a lawsuit against the Bank of America, he was told he ... Read More »

      Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners

      Ready to Collapse

      by Paul Kiel, ProPublica Pamela Jeter of Atlanta, Ga., has been trying to get a mortgage modification for more than two years. She seems like an ideal candidate. She has shown she can stay current with a reduction in her monthly mortgage payments. Everybody would seem to win. Even the investors who ultimately own her loan think she should be ... Read More »

        Mass Joinder Case Infighting Worse Than High School. Co-Counsel Mitchell Stein Gets the Boot.

        Spivak1

        It what has become a train wreck of a battle between lawyers pressing forward mass joinder cases against banks for underlying mortgage issues, one of the co-counsels on Ronald v. Bank of America just got publicly dumped. On March 29, 2011 SML LLP and Apex Legal Group (“Moving Parties”) filed a motion to remove Mitchell J. Stein from the case. ... Read More »

          Study Finds Consumers Pay Credit Cards Before Mortgage

          Ready to Collapse

          TransUnion released a study today that reveals the divergence in payment patterns — where consumers are increasingly apt to pay their credit cards before their mortgages — has now occurred for three straight years. However, for the first time since the deviation began, the percentage of consumers who are current on their credit cards and at least 30 days delinquent ... Read More »

            Mass Joinder Mortgage Litigation Form 1012-R Hitting Nevada

            Zemanta Related Posts Thumbnail

            A tipster (send in your tips here) just sent in the following form. Looks like the Form 1012-R mailers are now arriving in Nevada. If you receive any marketing material on a mass joinder matter or a retainer for participating in a mass joinder case, please upload a copy of the document here. Regulators and enforcement officials want to see ... Read More »

              District Attorney Advises Consumers to Avoid Mass Joinder Mailers

              Apparently a local district attorney’s office in Colorado is warning consumers to avoid the mass joinder mailers I’ve been reporting on. The warning says: “Consumers in the Denver area are receiving official-looking forms that declare “You may be a plaintiff in a national mass joinder suit.” The mailing implies that fraud may have happened when you financed your home, and ... Read More »

                Mass Joinder Case Form 1012-R Marketing Material Hits New Jersey

                1012-R NJ Mailing

                The same entity in California that has been mailing people in conjunction with soliciting mass joinder cases is now mailing to New Jersey residents from Santa Ana, California postal permit 1076. The consumer that received this told me: I would like to if this is legit they asked me for 7500 dollars for a retainer. They would get 80% and ... Read More »

                  My Collection of Mass Joinder Mortgage Litigation Retainer and Related Agreements

                  Retainer-Brookstone

                  In this post I’m going to collect the mass joinder and mortgage litigation retainer and agreements readers send in. If you receive a mass joinder or mortgage litigation retainer or services agreement, please upload a copy of the document here. Regulators and enforcement officials want to see them. If you live in California, the California Bar Association wants to talk ... Read More »

                    My Collection of Mass Joinder Mortgage Litigation, and 1012-R Marketing Mailers

                    1012-R 1

                    I now have so many people sending in copies of mass joinder marketing pieces that I’m creating this post to just add them to as they come in. If you receive any marketing material on a mass joinder matter or a retainer for participating in a mass joinder case, please upload a copy of the document here. Regulators and enforcement ... Read More »

                      Have You Been Approached For or Paid For Mass Joinder Mortgage Litigation Services?

                      Ready to Collapse

                      If you live in California and have been approached or solicited for a mass joinder case or you have paid money to join one of these cases the California Bar Association wants to hear from you. I’ve created the form below for you to complete to reach the right person at the California Bar Association. Read More »

                        Mass Joinder Form 1012-R Mailer Targets First Priority Mortgage.

                        1012 Mailer A 031111

                        A wonderful tipster (send in your tips here) just sent in a copy of a Form 1012-R mailer they received yesterday. It has the same back number of 2915217, as others have, and comes from the same postal permit in Santa Ana, California of 1076. If you received a form 1012-R mailer the California Bar Association wants to hear from ... Read More »

                          A Closer Look at MERS, the Industry’s Controversial Mortgage Clearinghouse

                          Ready to Collapse

                          by Marian Wang, ProPublica As we’ve noted in several posts, one player that has been featured in the foreclosure scandal and is currently under federal investigation is the Mortgage Electronic Registration System, or MERS. Despite the fact that MERS keeps electronic records on about half of all home mortgages in the country, the system is hardly a household name. The ... Read More »

                            Foreclosure King David Stern Closing Up

                            Ready to Collapse

                            The Sun Sentinel is reporting that the “Foreclosure King” David Stern out of Florida is going to be closing shop this month. DJSP Enterprises, the publicly traded firm that handled Stern’s back-office paperwork, filed a disclosure Monday morning with the Securities and Exchange Commission that the law firm would be closing. “DJSP Enterprises, Inc.’s (the “Company’s”) primary customer, the Law ... Read More »

                              Mass Joinder & Mass Litigation Affiliate and Marketing Information

                              K2 Affiliate

                              In an effort to wrap my head around who are the current players in the marketing of mass joinder and mass litigation when it comes to mortgages I’m posting this article. This post draws no conclusions but is simply a repository of examples of this type of marketing. If you have any additional examples, please post them in the comments ... Read More »

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