Articles Related To Mortgage Servicing Fraud

Date	Article Articles are added weekly	Source	Comment
08/26/23	ICE, Black Knight announce FTC agreement that clears way for $11.7 billion buyout	Jacksonville Daily Record	ICE, Black Knight announce FTC agreement that clears way for $11.7 billion buyout Intercontinental Exchange Inc. and Black Knight Inc. announced an agreement with the Federal Trade Commission late Aug. 25 that clears the way for ICE to complete its $11.7 billion buyout of Jacksonville-based Black Knight. The companies expect to close the deal Sept. 5, which is 16 months after announcing a merger agreement. The deal has been held up by FTC antitrust concerns that the merged company would control too much of the U.S. mortgage technology market. Black Knight dominates the market for processing home loans, with nearly two-thirds of all first mortgage loans in the U.S. processed through its system. Atlanta-based ICE is mainly known as the operator of the New York Stock Exchange but it also has a large mortgage technology subsidiary.
08/25/23	The housing market will be stuck in a rut for a long time even if the US avoids a recession, Fannie Mae says	Business Insider	The housing market will be stuck in a rut for a long time even if the US avoids a recession, Fannie Mae says The housing market isn't coming out of its deep freeze anytime soon, even if the US economy manages to steer away from a recession in the next year, according to Fannie Mae economists.
08/24/23	Zombie Foreclosures Hold Steady During Third Quarter, Still With Minimal Impact Around Most Of U.S.	ATTom Data	Zombie Foreclosures Hold Steady During Third Quarter, Still With Minimal Impact Around Most Of U.S. IRVINE, CA – Aug. 24, 2023 —ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter 2023 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,277,612) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation – the same as in the second quarter of this year.
08/24/23	Fitch Spotlights RMBS Delinquency Trends, Borrower Assistance Impacts	DSnews	Fitch Spotlights RMBS Delinquency Trends, Borrower Assistance Impacts Mortgage servicers nationwide continue to work with struggling homeowners to avoid loan default, as early delinquencies remain flat and late stage delinquencies show positive movement, according to Fitch Ratings’ 1Q23 U.S. RMBS Servicer Metric Report.
08/24/23	Black homeowners facing foreclosure can find help at an unlikely place — a farmer’s market \| Calavia-Robertson	NJ.com	Black homeowners facing foreclosure can find help at an unlikely place — a farmer’s market \| Calavia-Robertson In between stands selling fresh fruit and green veggie smoothies at the East Orange Farmer’s Market, Veronica Fairweather sets up her own shop. She throws a black tablecloth on a white plastic table, lines it neatly with brochures and one-sheets and, voilà, she’s open for business. But the 39-year-old real estate broker, known mostly by her social media moniker “Veronica, The Broker,” isn’t selling your typical farmer’s market fare: She’s here hoping to connect with people of color whose homes are in foreclosure.
08/24/23	More Than 1 Million U.S. Homes Are Standing Vacant	Investopedia	More Than 1 Million U.S. Homes Are Standing Vacant About 1.3 million homes in the U.S. stood vacant in the third quarter, representing 1.3%, or one in 79 residential properties. 1 ATTOM Data. “2023 Vacant Property and Zombie Foreclosure Report”
08/24/23	Zombie Foreclosures Began ‘Ticking Up’ in Q3	DSnews	Zombie Foreclosures Began ‘Ticking Up’ in Q3 ATTOM Data has released its new third quarter market trends report highlighting the blight of zombie homes and the impact they are having on the economy. All in all, the report, which covers the third quarter of 2023, found that there were 1,277,612 vacant properties in the country. That figure represents 1.3%, or 1-in-79 homes, across the nation—the same as in the second quarter of this year.
08/23/23	Deposits at the 25 Largest Banks Are Setting Lower Lows as Smaller Bank Deposits Set Higher Highs	Wall Street On Parade	Deposits at the 25 Largest Banks Are Setting Lower Lows as Smaller Bank Deposits Set Higher Highs The speed at which the largest U.S. banks are shedding deposits is unlike anything seen in the last half century – at least. But then again, the speed at which those same banks gained deposits from the various stimulus programs during the COVID-19 pandemic was also unprecedented.
08/22/23	S&P Downgrades Credit Ratings on Five Banks, Puts Three Others on Negative Outlook	Wall Street On Parade	S&P Downgrades Credit Ratings on Five Banks, Puts Three Others on Negative Outlook The stock prices of KeyCorp and Comerica had already lost more than 40 percent of their market value over the past year through the closing bell on Monday. KeyCorp was sporting a depressed share price of $10.89 at the close yesterday after trading in the single digits during the banking crisis in March. Then S&P Global delivered more bad news yesterday. It downgraded the credit rating on both KeyCorp and Comerica by one notch. Outlooks were indicated as “stable” for both banks by S&P.
08/22/23	2023 Updates to the Illinois Mortgage Foreclosure Law and Property Registration Considerations for Lenders in Illinois	National Law Review	2023 Updates to the Illinois Mortgage Foreclosure Law and Property Registration Considerations for Lenders in Illinois With foreclosure rates on the rise in 2023, lenders in Illinois should take particular care to ensure that they are in compliance with the various state, county and municipal notice and registration requirements for properties subject to foreclosure proceedings.
08/18/23	Oregon Bankruptcy Court Decides a Post-Foreclosure, but Post-Petition Eviction of a Borrower Violates the Automatic Stay	JD Supra	Oregon Bankruptcy Court Decides a Post-Foreclosure, but Post-Petition Eviction of a Borrower Violates the Automatic Stay On August 4, 2023, the bankruptcy court for the District of Oregon determined that proposed actions by a lender to enforce a pre-bankruptcy petition foreclosure judgment and evict a borrower—after the borrower filed for bankruptcy—were in violation of the automatic stay. The court, however, did allow the lender the ability to pursue sanctions, criminal charges, and civil claims against the borrower for refusing to relinquish possession of the property after the bankruptcy filing (In re Natache D. Rinegard-Guirma, Case No. 22-31651-dwh13 (Bankr. D. Or. 2023)). This decision serves as a reminder of the broad protections of the automatic stay, while providing some avenues for relief for lenders far down the foreclosure and eviction process.
08/17/23	Florida Foreclosure Defense Strategies That Will Prevent Your Lender From Taking Your Home	MFI-Miami	Florida Foreclosure Defense Strategies That Will Prevent Your Lender From Taking Your Home The following Florida foreclosure defense strategies can act as a way to bar a lender from taking your home. However, there are other factors you need to keep in mind. Florida judge assigned to your foreclosure case could be a wild card. Most judge don’t want to hear foreclosure cases especially from pro-se litigants. They have had their fill of them for the decade after the 2008 financial crisis. In other words, you could have the best foreclosure case in the world but you could still be screwed. Let me let you in on a secret. Most Judges in Florida don’t care. They are prejudiced against homeowners in foreclosure. However, most of the time they are just pre-occupied with other matters. Mostly, they’re thinking about personal matters. So they make the easiest ruling ruling can to clear the docket and get you out of the court room. So they rule in favor the lender. Why? Well, it’s boils down to economics. In order file an appeal in one of Florida’s District Court of Appeals, the homeowner needs to post a bond. Most of the time the homeowner doesn’t have it. The court figures if the homeowner did, they wouldn’t be in foreclosure. In other words, you need a foreclosure defense lawyer who know what they are doing and has brass balls. So, here are some ways that your lawyer can convince a judge you have a legitimate reason to fight for your home.
08/17/23	Average long-term US mortgage rate climbs to highest level in more than 20 years	Dayton Daily News	Average long-term US mortgage rate climbs to highest level in more than 20 years The average long-term U.S. mortgage rate jumped this week to its highest level in 20 years, grim news for would-be homebuyers already facing high home prices caused a lack of supply
08/17/23	CFPB Penalizes Freedom Mortgage and Realty Connect for Illegal Kickbacks	CFPB	CFPB Penalizes Freedom Mortgage and Realty Connect for Illegal Kickbacks WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against Freedom Mortgage Corporation (Freedom) for providing illegal incentives to real estate brokers and agents in exchange for mortgage loan referrals. Freedom provided real estate agents and brokers with numerous incentives — including cash payments, paid subscription services, and catered parties — with the understanding they would refer prospective homebuyers to Freedom for mortgage loans. This conduct violated the Real Estate Settlement Procedures Act and its implementing regulation.
08/17/23	Navigating California’s New Foreclosure Laws: A Guide for Institutions	JD Supra	Navigating California’s New Foreclosure Laws: A Guide for Institutions On July 26, 2023, the CFPB released its Summer 2023 Supervisory Highlights, which focuses on alleged unfair, deceptive, and abusive acts or practices (UDAAP) violations found in recent supervisory examinations. The report also detailed violations caused by insufficient technology controls. In the ever-evolving landscape of residential real estate, California is once again at the forefront with the passage of Assembly Bill (AB) 1837 and AB 2170, which became effective on January 1, 2023. Aimed at increasing homeownership for individual residents, these laws build upon the groundwork laid by Senate Bill (SB) 1079 in 2020, which required institutions to sell foreclosed homes individually instead of in bundles, in an effort to create more affordable housing and community stability by limiting when investors can purchase foreclosed homes. The new law, codified in California Civil Code section 2923, extends SB 1079’s protections until January 1, 2031.
08/17/23	Cook County loses appeal for compensation from 2000s foreclosure crisis	The Real Deal	Cook County loses appeal for compensation from 2000s foreclosure crisis Cook County has lost its appeal to receive financial compensation, stemming from a series of litigations related to Chicago’s foreclosure crisis in the early 2000s Three judges for the U.S. Court of Appeals ruled that the county wasn’t a victim of predatory lending that left tens of thousands of homes in the Chicago area vacant and in disrepair, Crain’s reported.
08/16/23	Update on the New York Foreclosure Abuse Prevention Act: Challenges and Current Considerations	Dechert	Update on the New York Foreclosure Abuse Prevention Act: Challenges and Current Considerations As more fully discussed in our previous OnPoint, the New York Legislature enacted FAPA on December 30, 2022 in response to the New York Court of Appeals’ holding, in Freedom Mortgage Corp. v. Engel, that a noteholder’s voluntary revocation of an acceleration of debt constituted an “affirmative act” that would restart the clock for the statute of limitations for mortgage foreclosure actions. 146 N.Y.S.3d 542 (2021). The New York Legislature effectively rejected this decision, which had followed years of precedent. Instead, FAPA provides that a noteholder’s voluntary discontinuance of a foreclosure is not sufficient, in and of itself, to reset the six-year statute of limitations period for mortgage foreclosure actions. As a consequence, noteholders (and anyone whom the note is subsequently transferred to) are barred from commencing a subsequent foreclosure proceeding once a debt has been accelerated if six-years have elapsed since the commencement of the original action, even if it was voluntarily discontinued. As a practical result, Borrowers are able to raise the defense of statute of limitations and leave noteholders without any protection where a prior enforcement action was filed. The retroactive application of FAPA, provided for therein, further compounds the problem and puts all noteholders on notice that their loans may not have recourse to the standard lender protections they once had.
08/16/23	Mega Banks Take Down Stock Prices after a Fitch Warning About a Possible Downgrade to JPMorgan Chase and Its Peers	Wall Street On Parade	Mega Banks Take Down Stock Prices after a Fitch Warning About a Possible Downgrade to JPMorgan Chase and Its Peers Yesterday, the Dow Jones Industrial Average took a tumble of 361 points by the closing bell. Numerous headlines attributed the big decline to a weakening economy in China. But the actual trigger for angst among traders was a headline at 5:30 a.m. EDT yesterday at CNBC. The headline read: “Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase.” JPMorgan Chase is not just the biggest bank in the United States in terms of assets and deposits. It is the biggest bank in terms of its derivative exposure. Moody’s cut the ratings of 10 banks by one notch, placed six banks on review for potential downgrade, and changed its outlook to negative on 11 other banks.
08/15/23	Second chance for foreclosed property owners in Schuyler County	WENY	Second chance for foreclosed property owners in Schuyler County SCHUYLER COUNTY, N.Y. (WENY) -- Schulyer County is giving one last chance for foreclosed property owners to avoid loosing their land. Offers can be submitted to the County Treasurer by September 18th for consideration. If accepted, the property deed will be returned to the former owner.
08/15/23	Connecticut Court Reconciles Case Involving State’s Mortgage Assistance Program	DSnews	Connecticut Court Reconciles Case Involving State’s Mortgage Assistance Program The Rolling Stones sang “you can’t always get what you want, but sometimes, you get what you need.” That tune has practical application to Connecticut foreclosures, particularly after the Supreme Court issued its opinion in KeyBank v. Yazar, 2023 Conn. Lexis 169. That case addressed whether the statutory pre-suit Emergency Mortgage Assistance Program (EMAP) notice requirement under EAMP implicates subject matter jurisdiction. It also addressed whether a second EMAP notice is required after a case has been dismissed on procedural grounds. It is the Connecticut Supreme Court’s first opinion on EMAP, which is a state loss mitigation program
08/15/23	Wall Street Mega Banks and Their Disgraceful Bailout Charts Since the Repeal of the Glass-Steagall Act in 1999	Wall Street On Parade	Wall Street Mega Banks and Their Disgraceful Bailout Charts Since the Repeal of the Glass-Steagall Act in 1999 The Bill Clinton administration’s repeal in 1999 of the 1933 Banking Act, commonly known as the Glass-Steagall Act, ushered in the greatest kleptocracy America has ever known. The Cambridge dictionary defines “kleptocracy” as: “a society whose leaders make themselves rich and powerful by stealing from the rest of the people.” In fact, the actual goal of repealing Glass-Steagall was to do just that.
08/14/23	UBS to pay $1.4 billion over fraud in residential mortgage-backed securities	CNBC	UBS to pay $1.4 billion over fraud in residential mortgage-backed securities Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering of residential mortgage-backed securities dating back to the global financial crisis, federal prosecutors announced Monday.
08/13/23	State urged to pick up pace to end ‘equity theft’	Mass Lawyers Weekly	State urged to pick up pace to end ‘equity theft’ Look no further than the immediate aftermath of the U.S. Supreme Court’s ruling in Dobbs v. Jackson Women’s Health Organization, et al. for a recent example of how nimble and proactive state legislative leaders can be when they see a legal tidal wave cresting on the horizon. Before the ink was even dry on Justice Samuel A. Alito Jr.’s majority opinion overruling Roe v. Wade and Planned Parenthood v. Casey, so-called “trigger laws” immediately took effect in more than a dozen states, severely restricting abortion access. Though a less highly publicized issue, Massachusetts had a similar opportunity to get its house in order with respect to its municipal tax lien foreclosure process, long decried as enabling home equity “theft.”
08/11/23	CFPB Report Details UDAAP Violations Uncovered During Recent Supervisory Examinations	JD Supra	CFPB Report Details UDAAP Violations Uncovered During Recent Supervisory Examinations On July 26, 2023, the CFPB released its Summer 2023 Supervisory Highlights, which focuses on alleged unfair, deceptive, and abusive acts or practices (UDAAP) violations found in recent supervisory examinations. The report also detailed violations caused by insufficient technology controls. Mortgage Servicing. Servicers violated the Real Estate Settlement Procedures Act (RESPA)/ Regulation X by failing to evaluate complete loss mitigation applications and provide written notices of any loss mitigation options to borrowers within 30 days of receipt. Servicers also engaged in unfair or deceptive acts or practices by delaying processing of borrower requests to enroll in loss mitigation options, and by informing borrowers that the servicers would evaluate loss mitigation applications within 30 days but then move forward with foreclosure without reviewing the applications. Finally servicers violated RESPA/ Regulation X by: 1) not maintaining adequate procedures to ensure continuity of contact with delinquent borrowers; 2) not providing required information, including in cases where required language was included in English-language notices but not in Spanish-language versions; 3) not crediting payments sent to prior servicer after a transfer of servicing; and, 4) failing to maintain adequate policies and procedures to ensure that necessary information is transferred to the new servicer after a servicing transfer.
08/11/23	HUD: Foreclosure moratorium in place for Maui homeowners with government-backed loans	Hawaii News Now	HUD: Foreclosure moratorium in place for Maui homeowners with government-backed loans HONOLULU (HawaiiNewsNow) - Following President Biden’s major disaster declaration for Maui County on Monday, several relief measures are being made available to impacted homeowners. The U.S. Department of Housing and Urban Development announced a 90-day moratorium on foreclosures for mortgages in Maui County insured by the Federal Housing Administration.
08/10/23	Foreclosure Filings Up 5% Year-Over-Year in July	DSnews	Foreclosure Filings Up 5% Year-Over-Year in July ATTOM has released its July 2023 U.S. Foreclosure Market Report, which shows there were a total of 31,877 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—down 9% from a month ago, but up 5% from a year ago. "The slight decline in foreclosure filings we are seeing is yet another sign of a rebounding housing market," said Rob Barber, CEO at ATTOM.
08/10/23	US set to unveil long-awaited crackdown on real estate money laundering	Reuters	US set to unveil long-awaited crackdown on real estate money laundering NEW YORK, Aug 10 (Reuters) - The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other criminals to hide ill-gotten gains. The long-awaited rule is expected to require that real estate professionals such as title insurers report the identities of the beneficial owners of companies buying real estate in cash to the Treasury's Financial Crimes Enforcement Network (FinCEN).
08/10/23	Loan Servicing Market Is Thriving Worldwide During The Forecast Period 2023-2030	360 Research Reports	Loan Servicing Market Is Thriving Worldwide During The Forecast Period 2023-2030 Loan Servicing Market PUNE, MAHARASHTRA, INDIA, August 10, 2023/EINPresswire.com/ -- "Loan Servicing Market" [2023-2030] Research Report Analysis and Outlook Insights \| Latest Updated Report \| The Loan Servicing Market is segmented into Regions, Applications (Homeowner, Local Bank, Company), and Types (Conventional Loans, Conforming Loans, FHA Loans, Private Money Loans, Hard Money Loans). The report presents the research and analysis provided within the Loan Servicing Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. This report is of 103 Pages long. The Loan Servicing market is expected to grow annually by magnificent (CAGR 2023 - 2030). Who is the largest manufacturers of Loan Servicing Market worldwide?
08/10/23	U.S. Foreclosure Activity Dips In July 2023 While Lender Repossessions Continue To Climb	ATTom Data	U.S. Foreclosure Activity Dips In July 2023 While Lender Repossessions Continue To Climb August 10, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its July 2023 U.S. Foreclosure Market Report, which shows there were a total of 31,877 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 9 percent from a month ago but up 5 percent from a year ago.
08/09/23	Mortgage payoff fraud rises 532% quarter-over-quarter: CertifID	Housing Wire	Mortgage payoff fraud rises 532% quarter-over-quarter: CertifID With home sale transactions down, fraudsters are turning to mortgage payoff fraud to secure bigger payouts. Mortgage payoff fraud occurs when a title company mistakenly sends a mortgage payoff to a fraudulent bank account after receiving wiring instructions that appear to be from the mortgage servicer. The instructions, however, are actually from fraudsters.
08/08/23	Fannie Mae CEO: ‘Housing today is a tale of two markets. We need to make it work for everyone’	Yahoo Finance	Fannie Mae CEO: ‘Housing today is a tale of two markets. We need to make it work for everyone’ It’s hard to make sense of today’s housing market. The swirl of statistics and headlines can seem confusing and contradictory. Is the housing market relatively strong and healthy? Or is it struggling and out of balance?
08/08/23	Moody’s Cuts Credit Ratings on 10 Banks; Places 4 of the 15 Largest Banks in U.S. on Review for Possible Downgrade	Wall Street On Parade	Moody’s Cuts Credit Ratings on 10 Banks; Places 4 of the 15 Largest Banks in U.S. on Review for Possible Downgrade Brace yourself for some tremors in the stock prices of banks today — especially those that have counterparty risk to the biggest U.S. banks. In a move that sent Dow futures on a steady downward plunge beginning at 5 a.m. EDT this morning (clocking in at down 268 points by 8:14 a.m.), last evening the credit ratings agency, Moody’s Investors Service, took more sweeping actions in the U.S. banking sector. Moody’s cut the ratings of 10 banks by one notch, placed six banks on review for potential downgrade, and changed its outlook to negative on 11 other banks.
08/07/23	The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up	Wall Street On Parade	The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up Deposits at the 25-largest domestically-chartered U.S. commercial banks peaked at $11.680 trillion on April 13, 2022, according to the updated H.8 data maintained at the Federal Reserve Economic Database (FRED). As of the most current H.8 data for the week ending on Wednesday, July 26, 2023, deposits stood at $10.709 trillion at those 25 commercial banks, a dollar decline of $970 billion and a percentage decline of 8.3 percent. Equally noteworthy, the decline shows no signs of letting up. According to the FRED data, between July 5 and the most current reading on July 26, the 25 largest U.S. banks shed $174 billion in deposits.
08/07/23	Intercontinental Exchange, Black Knight and the Federal Trade Commission Jointly Agree to Dismiss Federal Court Case, Pending Settlement Negotiations	Yahoo Finance	Intercontinental Exchange, Black Knight and the Federal Trade Commission Jointly Agree to Dismiss Federal Court Case, Pending Settlement Negotiations -Intercontinental Exchange, Inc. (NYSE: ICE) and Black Knight, Inc. (NYSE: BKI) announced today that, amid progress toward a potential resolution, they have jointly stipulated, along with the Federal Trade Commission (FTC), to dismiss the preliminary injunction proceeding in the United States District Court seeking to block the close of ICE’s previously announced acquisition of Black Knight.
08/04/23	State urged to comply with Supreme Court ruling	Salem News	State urged to comply with Supreme Court ruling BOSTON — The state’s Land Court is being asked to take steps to stop the practice of “equity theft” from homeowners who fall behind on their property taxes, in response to a recent Supreme Court ruling. In a letter to Chief Justice of the Land Court Gordon Piper, Holliston-based attorney Christopher M. Perry asks the court to take immediate “remedial action” to bring the state into compliance with the high court’s ruling in a Minnesota tax foreclosure case. He said the high court’s ruling made it clear that home “equity theft” is unconstitutional.
08/04/23	‘It shouldn’t be this difficult:’ Pa. homeowners desperate as mortgage aid struggles drag on	Philadelphia Iquirer	‘It shouldn’t be this difficult:’ Pa. homeowners desperate as mortgage aid struggles drag on Broken promises. Months without water. Facing foreclosure with no clear answers. Desperate homeowners are stuck in the middle as Pennsylvania struggles to overhaul a troubled mortgage relief program.
08/04/23	Top 10 U.S. States Posting Mid-Year Declines in Foreclosure Filings	ATTom Data	Top 10 U.S. States Posting Mid-Year Declines in Foreclosure Filings According to ATTOM’s recently released Mid-Year 2023 U.S. Foreclosure Market Report, ATTOM CEO Rob Barber noted, “Similar to the first half of 2022, foreclosure activity across the United States maintained its upward trajectory, gradually approaching pre-pandemic levels in the first half of 2023. Although overall foreclosure activity remains below historical norms, the notable surge in foreclosure starts indicates that we may continue to see a rise in foreclosure activity in the coming years.”
08/03/23	The Fitch Downgrade of U.S. Debt: What You Need to Know	Wall Street On Parade	The Fitch Downgrade of U.S. Debt: What You Need to Know At 5:13 p.m. ET on Tuesday, after the stock market closed, Fitch downgraded the U.S. credit rating from AAA to AA+. Fitch is now the second of the three major credit rating agencies to have taken the historic step of removing the triple-A rating from the U.S. S&P made its first-ever downgrade to the U.S. credit rating on August 5, 2011, also from AAA to AA+, and has kept it there ever since. Moody’s is now the only member of the Big Three credit rating agencies that has maintained a triple-A rating on the U.S. As the chart above indicates, the stock market responded negatively to this development yesterday, particularly over the fact that it came at a time when the U.S. Treasury is boosting the amount of debt it is issuing.
08/03/23	Nonprofit Alliance of Consumer Advocates Rescues Jennifer Jackson from Foreclosure, Saving Her Home and Financial Future	NonProfit Alliance of Consumer Advocates	Nonprofit Alliance of Consumer Advocates Rescues Jennifer Jackson from Foreclosure, Saving Her Home and Financial Future CALIENTE, CA, UNITED STATES, August 3, 2023/EINPresswire.com/ -- In a heartwarming success story, Jennifer Jackson, an Oregon resident, was facing the imminent threat of foreclosure on her beloved home due to unforeseen health issues and the financial strain of the COVID-19 pandemic. Thanks to the timely intervention of the Nonprofit Alliance of Consumer Advocates (N.A.C.A), Jennifer can now breathe a sigh of relief, as they stepped in and prevented the foreclosure, securing a brighter future for her and her family.

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