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GMAC ENDS CASE-BY-CASE REVIEW, AGREES TO PAY $230M TO BORROWERS

29.07.13

When the federal government ordered lenders to review foreclosures for irregularities in response to the robo-signing scandal, a few analysts raised their eyebrows; surely the expense of the audits would be prohibitive, they thought. Turns out, they were right. While the review seemed like a good ide...

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MEDICAL DEBT: NOT WHAT THE DOCTOR ORDERED

By Gilman & Edwards

19.07.13

12:04 AM

People across Maryland may be hesitant to discuss their financial struggles with other people. They may be embarrassed by the type or amount of debt they are dealing with or they may feel as though people will think they have been irresponsible with money. Because of these misperceptions, many peopl...

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FTC: $3.2 MILLION. CONSUMERS: A GOOD NIGHT'S SLEEP

By Gilman & Edwards

17.07.13

12:03 AM

It should be good news that the Federal Trade Commission has cracked down on a company that was (allegedly) making illegal collection calls to debtors and not bothering to verify the debt in the first place. Multiple violations of the Fair Debt Collection Practices Act should not go unpunished, and ...

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FTC: MORTGAGE RELIEF SERVICE WAS SCAM THAT PREYED ON BORROWERS

By Gilman & Edwards

06.07.13

12:02 AM

The Federal Trade Commission is continuing its efforts to identify and to shut down bogus mortgage loan relief operations that, the agency says, prey on distressed homeowners. According to a complaint filed in federal court recently, the defendants charged up-front fees for services that they never ...

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FORECLOSURE LAW CHANGES MAY HAVE 'DELAYED THE INEVITABLE,' (PART 2)

By Gilman & Edwards

29.06.13

12:00 AM

We are continuing our discussion from our last post. According to RealtyTrac Inc.’s May foreclosure data, Maryland is failing where most other states are succeeding. The number of homes in some stage of foreclosure increased from April to May and greatly increased — 229 percent — from May 2012. The ...

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Blogs

GMAC ENDS CASE-BY-CASE REVIEW, AGREES TO PAY $230M TO BORROWERS

MEDICAL DEBT: NOT WHAT THE DOCTOR ORDERED

FTC: $3.2 MILLION. CONSUMERS: A GOOD NIGHT'S SLEEP

FTC: MORTGAGE RELIEF SERVICE WAS SCAM THAT PREYED ON BORROWERS

FORECLOSURE LAW CHANGES MAY HAVE 'DELAYED THE INEVITABLE,' (PART 2)