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Summary: Barclays Bank reveals challenges it faces to investors and defends itself against allegations in lawsuits worldwide. The Guardian reports that a document recently sent to shareholders by Barclays exposes the extent of the legal problems facing the bank. The…>read moreNo Comment August 15, 2014
It’s a common belief in real estate that house prices are correlated to interest rates. New home sales account for around 7 percent of the residential market and are cataloged when contracts are signed, making them a timelier barometer than…>read moreNo Comment April 24, 2014
The national mortgage giant, Fannie Mae has unexpectedly cut off ties with two law firms that used to handle the lion’s share of foreclosures in Colorado. Fannie Mae will no longer have any business to do with The Castle…>read moreNo Comment April 14, 2014
As reported earlier, the foreclosure law firm of Steven J. Baum PC is shutting down after filing notice with federal labor regulators regarding massive layoffs. The layoffs will occur on February 20 but it is unknown if the firm will…>read moreNo Comment November 23, 2011
As reported on JD Journal earlier in the month, the largest foreclosure firm in New York has been removed from Fannie Mae and Freddie Mac’s list of firms for foreclosures. In a move related to that news, the firm of…>read moreNo Comment November 22, 2011
Fannie Mae and Freddie Mac are brother and sister in the federal mortgage industry in the United States. Just because they are affiliated does not mean that they have to operate under the same ideals or options. For instance, Freddie…>read moreNo Comment October 12, 2011