Homeless Themed Law Firm Closes

Stephen L. Baum, the foreclosure mill law firm which generated controversy recently when pictures of a past Halloween party showed employees dressed as homeless people and foreclosure victims, will close its doors, they announced today. The party, while perhaps crude and thoughtless, didn’t cause the real problem. Fannie Mae and Freddie Mac recently dropped the …

Advice for those applying for a HAMP mortgage modification

From our Saxon Mortgage watchdog and consumer advocacy website comes this information concerning the HAMP program. The information was submitted by a HAMP applicant who initially was told of missing paperwork. The complaint is frequently heard about mortgage servicers including Saxon Mortgage. Citigroup had similar complaints about missing paperwork. Here is a detailed report from …