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Utah Bankers Call Loan Mods Virtually Impossible

According to the president of the Utah Bankers Association (UBA), Howard Headlee, it is “virtually impossible” for homeowners in the foreclosure process to renegotiate the terms of their loans. This...

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Montana Takes a Shot at Federal Land

The state of Montana believes that it should have the right to exercise authority over federal land within the state – and the state legislature is working to “override the powers the U.S. government...

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Luxury Ski Markets Could be on the Mend

While the residential housing market could be in for a long haul when it comes to a market recovery, luxury ski resorts could be a bellwether for an improvement in the high-end market, say brokers in...

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Law Firm in Utah Suing to Stop Bank of America Foreclosures

Mumford, West & Snow, a Salt Lake City law firm, hopes to prevent Bank of America from carrying out any more foreclosures in Utah in the near future. Last week, the law firm filed a class-action...

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Utah State Appeals Court Sides with MERS

The Utah Court of Appeals has determined that the Mortgage Electronics Registration System (MERS) has the right to foreclose on homes in the state, thereby dashing the hopes of thousands of distressed...

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Minnesota Determined to be a Mortgage Fraud Hot Spot

According to the second quarter Mortgage Fraud Index released by MortgageDaily.com, Minnesota’s mortgage fraud index increased 27 percent from the first quarter of this year[1]. MortgageDaily.com bases...

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