Question: Dear Steve, I have 2014 Nissan Sentra that I’m still paying Ally Financial. I owe them about $8,000. At the moment I am out of work due to a work-related injury. I’ve missed two payments and I called Ally trying to see if I can get an early payoff but they want me to …
by Paul Kiel ProPublica The idea behind the Independent Foreclosure Review seems simple. During the peak of the foreclosure crisis, the banks broke laws and made errors that hurt homeowners. In response, the government mandated they compensate the victims. But there is growing evidence some banks are playing a major role in identifying the victims …
by Marian Wang, ProPublica Three of the nation’s largest mortgage servicers have halted foreclosures as scrutiny increases over whether they verify the required paperwork. Several other servicers have also been faulted for foreclosure affidavits that were signed without much authentication, but they have not yet halted foreclosures. Last week, we noted that the discovery of …