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BYLINE: Daniel A. Edelman*; *DANIEL A. EDELMAN is the founding partner of Edelman & Combs, of Chicago, Illinois, a firm that represents injured consumers in actions against banks, mortgage companies, finance companies, insurance companies, and automobile dealers. Mr. Edelman or his firm represented the consumer in a number of the cases discussed in this article. HIGHLIGHT: Borrowers Have Successfully Sued Based on Allegations of Over-escrowing, Unauthorized Charges and Brokers' Fees, Improper Private Mortgage Insurance Procedures, and Incorrectly Adjusted ARMS. The Author Analyzes Such Lending Practices, and the Litigation ...
Do you know how you can profit from bulk REO and NPN's (non performing notes) and what the difference between them is? If you are a beginner to real estate investment, understanding the differences in bulk REO and NPN's can help you determine the best way for you to make the most profit. For one thing, bulk REO investing is becoming more popular as more banks are packaging their real-estate-owned to get foreclosures off their books. As a real estate investor, it is possible to get 50% off of the normal prices on these homes that might just need a little cosmetic work or minor ... Read More
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