Daily News related to the Foreclosure Crisis

The biggest unpunished heist in human history - Max Keiser

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

 Date

Article

Articles are added weekly 

Source

  Comment

03/18/26

Executive Order Seeks to Expand Mortgage Credit for Customers of Community and Smaller Banks
On March 13, 2026, the White House issued an executive order that directs the Consumer Financial Protection Bureau (CFPB) and federal housing and banking agencies to consider a series of mortgage-related regulatory and supervisory changes, with a particular focus on community banks (generally under $30 billion in assets) and “smaller banks” (under $100 billion in assets). The order aims to “improve the availability and affordability of mortgage credit, tailor rules for community banks and “smaller banks” [and] reduce the regulatory burden on community banks.”

03/18/26

Federal suit accuses Citibank, Shellpoint of loan mod deception, discrimination
Citibank and Shellpoint Mortgage Servicing face a federal lawsuit alleging loan modification deception, false foreclosure filings, and national origin discrimination. The case was filed on March 16, 2026, in the United States District Court for the District of New Jersey by David and Anahit Ambartsumyan, residents of Creskill, New Jersey. At the heart of the matter is what the plaintiffs describe as a loan modification that was offered and accepted — only for the written documents to arrive with materially different terms.

03/18/26

Hit with a ‘zombie mortgage’? Here’s how to fight back
Homeowners aren’t the only ones enjoying property prices hitting near historic highs. Debt collectors are, too, by enforcing collection on “zombie mortgages.” The loans earned the “zombie” moniker from mortgages that homeowners believed were settled or paid off years before. When debt collectors call and demand payment, it's as if the loan has come back from the dead, noted the Consumer Financial Protection Bureau. More than 600,000 “zombie mortgages” are alive and well, according to a 2025 Bloomberg News investigation.

03/18/26

Couple sues Carrington Mortgage alleging ignored requests and foreclosure push
Carrington Mortgage Services is facing a federal lawsuit over allegations it ignored repeated borrower requests and moved toward foreclosure while a dispute remained unresolved. Barry Schneider and Allison M. Schneider filed the case on March 15, 2026, in the United States District Court for the District of New Jersey. The couple holds an FHA-insured mortgage on their home in East Windsor, serviced by Carrington, with JP Morgan as the investor. The trouble, according to the court filing, started in January 2026 when the Schneiders noticed a string of irregularities on Carrington's servicing portal.

03/13/26

U.S. Foreclosure Rates by State – February 2026
In February 2026, U.S. foreclosure activity declined slightly from the prior month but remained higher than levels reported one year earlier, continuing a gradual normalization trend in the housing market. Total filings: 38,840 properties with default notices, scheduled auctions, or bank repossessions Monthly change: Down 4 percent from January 2026 Year-over-year change: Up 20 percent from February 2025 National rate: One in every 3,701 housing units had a foreclosure filing States with the worst foreclosure rates: Indiana, South Carolina, Florida, Delaware, and Illinois

03/12/26

Gradual Annual Rise in Foreclosure Activity Continues in February 2026
IRVINE, Calif. — March 12, 2026 —ATTOM, the leading provider of property data, AI-powered analytics, and real estate intelligence solutions, today released its February 2026 U.S. Foreclosure Market Report, which shows there were a total of 38,840 U.S. properties with foreclosure filings— default notices, scheduled auctions or bank repossessions — down 4 percent from a month ago and up 20 percent from a year ago. “Foreclosure activity in February marked the twelfth consecutive month of annual increases, extending a gradual upward trend that began early last year,” said Rob Barber, CEO at ATTOM. “While filings dipped slightly from January, both foreclosure starts and completed foreclosures remain higher than a year ago. Even with the continued rise, overall foreclosure levels remain well below historic norms.”

03/12/26

Homeowners sue Shellpoint in seven-count suit over loss mitigation failures
The dual-tracking claim at the heart of this case should put every servicer on alert. Shellpoint Mortgage Servicing faces a seven-count federal lawsuit alleging it repeatedly mishandled a couple's loss mitigation applications for more than eighteen months. Thomas Maletick Jr. and Cynthia M. Maletick, homeowners in Pittsburgh, filed the suit on March 10, 2026, in the U.S. District Court for the Western District of Pennsylvania. The case, Maletick et al v. Newrez LLC d/b/a Shellpoint Mortgage Servicing (Case No. 2:26-cv-00389-NR), accuses the servicer of fumbling their efforts to avoid foreclosure — and, at one point, advancing the foreclosure while their application was still pending.

03/05/26

PHH Mortgage $1.5M Debt Collection Class Action Settlement
Individuals who received a notice from PHH Mortgage Corp. regarding delinquent monthly mortgage payments on or after Jan. 14, 2021, may be qualify to receive a cash payment from a class action settlement. The settlement class includes nearly 96,000 current and former homeowners.

03/05/26

Fed’s proposed new rules likely won’t see mortgage borrowers flock away from nonbanks: executive
The Federal Reserve may be about to shake up the mortgage market by making it easier for banks to lend in that space – but borrowers’ choice of lender will still ultimately come down to whoever can offer the best rate, according to a veteran executive.

03/02/26

Homeowner sues Rocket Mortgage over shredded money orders, wrongful foreclosure
Rocket's own loan specialist allegedly said the account shouldn't be in default — days before foreclosure A Columbus, Ohio, homeowner is suing Rocket Mortgage over allegations that the servicer shredded her money orders and pursued foreclosure despite receiving sufficient payments. The federal lawsuit, filed on February 26, 2026, in the Southern District of Ohio, paints a troubling picture of what can go wrong when mortgage servicing transfers don't go smoothly — and what happens when a borrower's repeated attempts to fix the problem are allegedly met with more problems.

copyright MSFraud.org