Blumenthal Blasts Feds on Lending Abuses

April 30, 2008

Connecticut Attorney General Richard Blumenthal criticized federal regulators for standing in the way of state efforts to combat subprime lending abuses.

“Federal agencies have been AWOL and even more insidiously the federal government has increasingly blocked states from prosecuting cases against these kinds of predatory lenders,” Blumenthal told a Senate panel Tuesday.

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Fight Foreclosure: Make ‘Em Produce The Note!

April 4, 2008

If your home is currently in foreclosure, there may still be a chance to save it. As a result of lenders buying and selling mortgages your note could have changed hands several times over the course of the loan. But where is the actual note? In some warehouse somewhere? Make ’em prove they own the debt they say you owe.

UPDATE: We’ve posted steps to follow to get your lender to produce the note. Also there are documents you can download to help in this process.