Dunn Lambert, LLC
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Comprehensive legal services for businesses in New Jersey and New York call 201-957-0874
Dunn Lambert, LLC
comprehensive legal services for businesses call 201-957-0874

Posts tagged "banking regulators"

Federal Regulators to Investigate Lenders' Foreclosure Practices

Last week, some of the nation's largest lenders, such as Bank of America and Ally Financial (formerly GMAC), resumed processing foreclosures after a temporary moratorium to redo, recheck and resubmit some paperwork. The banks have asserted that, despite some possibly faulty paperwork, they have so far found no homes that were foreclosed upon in error and feel confident to move forward.

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