Servicer-Created Defaults

Naked Capitalism presents a clear and concise overview of how mortgage servicers and their bogus fees drive homeowners into default and foreclosure in How Servicer Junk Fees Push Borrowers into Foreclosure. Yves Smith explains why servicer abuse problems don’t get the same level of attention as less-sympathetic defenses based on missing paper and bad transfers: This problem is very much underdiagnosed …

Foreclosure Lawyers Go to Gardner’s Farm for Edge on Lenders

Bloomberg has a story on Max and the Boot Camp which features a few Boot Camp graduates as well. “My time with Max changed the trajectory of my legal career,” Nick Wooten, a 40-year-old Alabama attorney who changed his focus from personal injury to bankruptcy and foreclosure after attending the boot camp in 2007, said in a telephone interview. “Knowledge …