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Fighting Mortgage Fraud with Legal Expertise: Legal Aid Mortgage Fraud
Mortgage fraud is a serious issue that affects many homeowners and prospective buyers, especially in complex urban markets like Chicago. It can lead to devastating financial consequences, including loss of property, damaged credit, and prolonged legal battles. Understanding how to fight mortgage fraud with legal expertise is essential for anyone facing suspicious or fraudulent activity related to their mortgage. This article explores the nature of mortgage fraud, the role of

Payton Legal Group
Feb 254 min read


Refinancing Your Mortgage: Credit Score Refinancing Effects
Refinancing a mortgage can be a powerful financial tool. It offers the chance to lower monthly payments, reduce interest rates, or change loan terms. However, it also has implications for your credit profile. Understanding how refinancing impacts your credit score is essential before making this significant financial decision. This article explores the credit score refinancing effects, providing clear insights and practical advice tailored for Chicago consumers facing financi

Payton Legal Group
Feb 234 min read


Refinancing Your Mortgage: Credit Score Refinancing Effects
Refinancing a mortgage can be a powerful financial tool. It offers the chance to lower monthly payments, reduce interest rates, or change loan terms. However, it also has implications for your credit score. Understanding these credit score refinancing effects is essential before making a decision. This article explores how refinancing impacts credit, what to expect, and how to prepare for the process. Understanding Credit Score Refinancing Effects When you refinance your mort

Payton Legal Group
Feb 235 min read


US foreclosure rates surge in Q3 2023
US foreclosure rates surge in Q3 2023. Economy rebounds, but foreclosure filings tell a different story.

Payton Legal Group
Nov 14, 20232 min read


DOJ eyes real estate broker commissions, NAR under scrutiny
DOJ eyes real estate broker commissions, NAR under scrutiny. Billions at stake as NAR faces legal challenges amid calls for reform

Payton Legal Group
Oct 23, 20233 min read


Clarence Thomas in hot waters over alleged income from defunct real estate firm
Clarence Thomas in hot waters over alleged income from defunct real estate firm. He is in the spotlight for figures relating to real estate

Payton Legal Group
Apr 18, 20232 min read


Mortgage fraud trial looms for top prosecutor.
Tenure was marked by high-profile decisions. With a March trial date quickly approaching in the federal perjury case against Baltimore’s former top prosecutor Marilyn Mosby, a series of rulings Tuesday created significant new hurdles for her defense team, including the possibility of criminal contempt charges against her lead attorney. Mosby left office earlier this month after serving two terms as Baltimore state’s attorney - a tenure defined by several high-profile decision

Payton Legal Group
Jan 18, 20233 min read


Bank to pay $31 million redlining settlement
Bank to pay $31 million redlining settlement. It's the DOJ's largest ever

Payton Legal Group
Jan 13, 20233 min read


US foreclosure filings surged 115% in 2022
US foreclosure filings surged 115% in 2022. The report reveals why repossession remains low despite the rise in foreclosure activity

Payton Legal Group
Jan 13, 20231 min read


US foreclosures continue to soar… but they are still below pre-pand
US foreclosures continue to soar
… but they are still below pre-pandemic levels

Payton Legal Group
Dec 14, 20222 min read


Multiple efforts are underway to weed out appraisal bias
Multiple efforts are underway to weed out appraisal bias. From the federal government to businesses, efforts to root out bias gain traction

Payton Legal Group
Apr 5, 20224 min read


Wells Fargo sued over alleged modern-day redlining practices
Wells Fargo sued over alleged modern-day redlining practices. It says claim reflects the bank's "sordid history of racial bias"

Payton Legal Group
Mar 29, 20222 min read


Mortgage delinquency rates increase after nine months
Mortgage delinquency rates increase after nine months. The number of serious delinquencies are no cause for concern, however

Payton Legal Group
Mar 27, 20221 min read


Does refinancing a mortgage impact your credit score?
Does refinancing a mortgage impact your credit score? Ways to help your credit score

Payton Legal Group
Mar 22, 20224 min read


Wells Fargo faces probe over alleged discriminatory refinancing practices
Wells Fargo faces probe over alleged discriminatory refinancing practices

Payton Legal Group
Mar 20, 20222 min read


New Jersey man draws nine-year prison stint for mortgage fraud
A New Jersey man was sentenced on Thursday to 108 months in prison for conspiring to obtain mortgage loans to finance the sale of properties

Payton Legal Group
Mar 12, 20223 min read


California man pleads guilty to mortgage modification scam.
A California man has pled guilty to operating a multimillion-dollar mortgage modification fraud scheme.

Payton Legal Group
Mar 9, 20223 min read


Highest foreclosure activity since March 2020.
Highest foreclosure activity since March 2020. The increase coincides with lifting of CFPB restrictions

Payton Legal Group
Feb 28, 20223 min read


Class action targets RealManage, HomeWiseDocs for 'unconscionable fees' charged to Home owners.
Class action targets RealManage, HomeWiseDocs for 'unconscionable fees' charged to Home owners.

Payton Legal Group
Feb 15, 20223 min read


How many renters and homeowners are missing payments?
Renters were three times more likely than homeowners to miss payments in September and October.

Payton Legal Group
Dec 8, 20212 min read
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