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Appraisal, Loan Modification and Foreclosure Lawsuits Soar

Dennis Norman

A surge in litigation tied to real estate appraisals, loan modifications and foreclosures contributed to a 54 percent increase in mortgage-related lawsuits, according to the second quarter Mortgage Litigation Report from MortgageDaily.com.

During the second quarter, 125 cases were tracked, jumping from an already active 81 first quarter cases. The second quarter of 2008 had [...]

Bill in congress to stop HVCC gains momentum

Dennis Norman

By: Dennis Norman 

Since going into effect May1st the new Home Valuation Code of Conduct (HVCC) has caused controversy, been blamed for killing sales and seems it has everyone up in arms.

In late June I did a post on another blog about a bill,  H.R. 3044, that was introduced in the U.S. House of [...]