Marin Family Action

Banks apparently have come to the realization that it’s best for them to cut their losses through these measures rather than pursue foreclosures that can be drawn out and leave a home vacant for months afterward, incurring carrying costs (and incurring damage done to vacant properties).

The OCC and other federal regulators will continue to hold the mortgage servicers accountable for complying with all aspects of our orders.

When reading any news stories, please take note of terms such as “may be,” “should be,” “might be.” Those are nebulous and mean nothing unless our government takes action. We hope officials step up to the plate, but so far, efforts are less than satisfactory.

Support your favorite non-profit to help make a difference in your community. With your assistance, we will continue investing in the future of Marin.

Scaring members of our community who are trying to make a living is not acceptable behaviour. It is cruel. It is an abuse of personal power.

The main subject of contention was the banks’ request to be broadly released from potential future legal claims, particularly those surrounding potential misconduct in the packaging and selling of mortgage-backed securities.

Following is an overview of our responses regarding a “private mortgage investigator” in Phoenix who has at least five Web sites for his various incarnations, has a partner in Florida, and who charges a LOT for a “REAP.”