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Bank of America Makes Major Loan Modification Changes; The “Nationstar Experience”

After recent allegations by former employees and whistleblowers regarding serious loan modification abuses by Bank of America, it appears substantial changes have been made.  Most notably, a huge portion of Bank of America’s loan portfolio has been transferred to Nationstar.  Bank of America and Nationstar were most likely working on […]

Stopping Foreclosure in California

Most homeowners believe the reason they’re behind on mortgage payments is important to their lender, but it is not.  Stopping foreclosure in California really has very little to do with why the homeowner stopped making payments.  It is much more about exercising legal rights, and working within the lenders guidelines […]

Attorney Kamala Harris

Last week, Attorney General Kamala Harris, who has fought for California homeowners and against big banks, was named one of the 100 most influential people in the world by TIME Magazine. Harris is 48 years old and is the first female, the first African American, and the first South Asian […]

News from The Consumer Financial Protection Bureau

The Consumer Financial Protection Bureau (CFPB), a government agency, recently released the nation’s largest public database of federal consumer financial complaints. This database includes details about more than 90,000 individual complaints on five types of products and services: consumer loans, bank accounts or bank services, mortgages, credit cards and student […]