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...
View ArticleMontana 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...
View ArticleLuxury 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...
View ArticleLaw 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...
View ArticleUtah 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...
View ArticleMinnesota 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...
View Article