Tag Archives: Practices

National Job Force to Enhance Government-Nonprofit Contracting Practices Begins Operate

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Washington, DC (PRWEB) July 01, 2013

Government officials and nonprofit leaders are coming together to recognize and promote solutions to broken contracting systems.

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As part of an ongoing initiative led by the National Council of Nonprofits (Council of Nonprofits), the new National Government-Nonprofit Contracting Reform Activity Force is identifying and advertising established options that streamline contracting policies, improve outcomes, and save taxpayers income, all while preserving or even rising accountability.

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Demonstrating the collaborative nature of the Task Force and the partnership required amongst governments and nonprofits to deliver results, the Task Force will be co-chaired by Fran Barrett, InterAgency Coordinator for Not-for-Profit Services in the New York Governors Workplace, and Barry Silverberg, President &amp CEO of the Texas Association of Nonprofit Organizations (TANO).

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The National Government-Nonprofit Contracting Reform Job Force brings together recognized authorities with hands-on knowledge in government-nonprofit contracting, said Tim Delaney, President and CEO of the National Council of Nonprofits. Governments and nonprofits recognize that the antiquated contracting technique is so broken that it has turn into a nationwide difficulty hurting taxpayers and the public. So we recruited Job Force members from government and nonprofits, every single region of the country, and red and blue states to allow the authorities to identify, exchange, and disseminate policies and practices that result in true systems improvements to greatest serve our communities.

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In New York, we have recognized that the current contracting method imposes pricey and burdensome challenges, so we have launched efforts to streamline processes that will save taxpayers funds and permit nonprofits to concentrate more time on delivering benefits, rather than paperwork, mentioned Fran Barrett. I appear forward to functioning with my colleagues across the nation to uncover and share much more options to make this approach more efficient nationwide.

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Here in Texas, as a initial step, government and nonprofits have been focusing on developing relationships with every single other so we can actually perform in partnership to much better serve our communities by improving contracting systems, stated Barry Silverberg. I believe that is where reform efforts need to start. I am eager to share what weve discovered so far and to discover from the collective wisdom of other folks on the Task Force who have been searching for to boost their human solutions contracting systems as properly.”

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The very first meeting of the new Task Force will be held in Chicago at the finish of June. Additional data on the Task Force and the Government-Nonprofit Contracting project can be identified at http://www.govtcontracting.org.

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The National Council of Nonprofits is a trusted resource and advocate for Americas charitable nonprofits. By means of our effective network of State Associations and 25,000-plus members the nations biggest network of nonprofits we serve as a central coordinator and mobilizer to assist nonprofits accomplish higher collective influence in neighborhood communities across the nation. We determine emerging trends, share established practices, and promote options that advantage charitable nonprofits and the communities they serve. Learn much more at http://www.CouncilofNonprofits.org.

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Activity Force Members

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Fran Barrett, co-chair, InterAgency Coordinator for Not-for-Profit Services, New York Governor’s Workplace&#13

Barry Silverberg, co-chair, President &amp CEO, Texas Association of Nonprofit Organizations (TANO)&#13

Henry Bogdan, Managing Director, Public Policy and Advocacy, Maryland Nonprofits&#13

Walter Davenport, Consultant/Corporate Director, Walter C. Davenport, CPA&#13

Susan Dreyfus, President &amp CEO, Alliance for Kids and Households&#13

Matthew Hammoudeh, Assistant Secretary of Operations, Illinois Division of Health and Human Solutions&#13

Jack Jackson, Senior Vice President for Finance/CFO, Catholic Charities USA&#13

Tracy Kahlo, Executive Director, Partnerships for Action, Voices for Empowerment (PAVE)&#13

Maggie McConnell, Assistant Common Counsel for Business Services, Maricopa County Neighborhood College District&#13

Naomi Munzner, Director, Workplace of Grants Management, Minnesota Division of Administration&#13

Walter Sachs, Inspector Common, Department of Management Solutions, Florida Division of Management Solutions&#13

Michael Weekes, President &amp CEO, Providers’ Council&#13

Dace West, Director, Denver Workplace of Strategic Partnerships

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Loan Modification Brokers Perform Hard to Overcome Dishonest and Inexperienced Practices

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Encino, CA (PRWEB) March five, 2009

As home owners struggle to preserve their properties from foreclosing, a lot of scammers are falsely promising to renegotiate their mortgage in exchange for up-front costs ranging from $ three,000 to $ 5,000. Reputable loan modification brokers like Wall Street and Associates, Inc. are diligently functioning to overcome the poor reputation that outcomes from the practices of these fraudulent businesses.

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An authorized loan modification firm provides assistance to a community in want by functioning diligently and effectively to modify their clients loans. stated Wall Street and Associates COO Natalie Eiger.

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Each and every single case is treated as an urgent matter the employees actually develops personal relationships with their customers throughout the modification approach. It hurts to find out that modification firms are taking advantage of distressed people by masking themselves as specialists. Eiger went on to clarify an unfortunate trend, About 80% of the files that are submitted to us come from customers who have been previously declined due to a business which failed to modify their loan appropriately. Regrettably, most firms entering into this field do not have the experience and knowledge required to modify these files effectively. Modifications are very diverse than standard refinances, Eiger explained.

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Most of these fraudulent and inexperienced businesses are accustomed to submitting stated or no doc files and dont comprehend how to calculate earnings appropriately, or comprehend danger analysis. Loan modifications demand full documentation and the majority of these businesses are not nicely educated about these practices.

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A great loan modification organization separates from the competitors with a staff comprised of underwriters and processors who worked for lenders and have an insider understanding of what banks want to see in order to approve modifications.

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Eiger offered some words of caution, Beware of organizations who guarantee particular prices or balance reductions. A lot of of these fraudulent companies claim that they can guarantee the client a certain savings or interest price and this is completely a lie. The investor tends to make their selection on a case-by-case basis and it is impossible for any of these companies to know exactly what they will be in a position to get until the file has been fully submitted and reviewed by a negotiator. Its as if a broker could guarantee you an authorized loan prior to the bank reviewing any of your documentationwe know where these brokers drove our economy!

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Eiger listed some ideal practices to hold an eye out for: Genuine loan modification brokers use established attorneys. Their underwriters have established relationships with mortgage lenders. They offer you refund policies- if the broker/attorney is so certain that they can modify your loan, they need to provide a decent refund policy in the occasion the modification does not get authorized.

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About Wall Street and Associates, Inc.: Wall Street and Associates, Inc. was founded in 1997 by two partners who had a vision of delivering multi- faceted true estate solutions to their shoppers. For the past 11 years, Wall Street and Associates, Inc. has paved the road to its abundant accomplishment by supplying astounding client service, reliability, and sound financial options to their customers. Wall Street and Associates, Inc. is at the moment comprised of 10 nationwide branches with the Corporate Headquarters situated in Encino, California. The organization is ramping up very quickly and projects to reach 50 nationwide branches by the finish of 2009.

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New Generation Practices, LLC Announces Hardship Letter Written for Homeowners

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Boulder, Colorado (PRWEB) July 13, 2009

Hardship letters no longer need to have to be difficult.

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A new service becoming offered by New Generation Practices, LLC is now obtainable nationwide to help folks with their hardship letter writing. Now you can have your letter written for you, in only two enterprise days.

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When suffering a serious illness, one of the most challenging however vital tasks a individual need to accomplish is filing complicated insurance coverage claims. When undergoing the trauma of a divorce, 1 of the hardest yet most essential tasks is negotiating a economic settlement or parenting plan that works. In both of these examples, people below a excellent deal of tension are asked to be capable to carry out well — just to preserve the circumstance from acquiring worse.

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A person facing foreclosure is in the exact same position. They’ve usually lost their job, knowledge the death (or other loss) of a spouse, or incurred a massive healthcare debt due to a number of illness or injury. Clear pondering is hard to come by at times like these, but that is exactly what is needed in order to produce a great hardship letter. A excellent hardship letter is crucial in order to be taken seriously by a lender and get a loan modification, approval for a brief sale, or approval for a deed in lieu — and, ultimately, to stay away from foreclosure.

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That is where Becky DeGrossa comes in. Becky learned how to write hardship letters, but only by accident. When some of her earlier divorce clientele asked her to aid them out, she researched what was needed. She had no thought, at the time, that there would be such a demand for this ability. These days, with the economy in shambles, hardship letter writing dominates her time. In June, alone, Becky wrote over 50 letters for homeowners too distraught or unsure to write their personal.

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“There is a psychology to writing these letters,” says Becky. “You need to have to convince the lender to go into business with you, even though you did not quite deliver on the final enterprise deal.”

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Having a master’s degree in psychology almost certainly aids with this task. Becky’s letters are productive, far more often than not, since she has established a very focused approach of acquiring the info she needs from the homeowner, and then applying her psychology, professionally. She gets to the core of the situation, and creates an individualized, good quality, compelling letter that lenders study and respond to.

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Unlike several on the internet organizations, her phone number is featured prominently on her internet site. She knows that men and women are currently stressed, and that a lot of are afraid of becoming taken benefit of, on the web.

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“I spend quite a bit of time on the phone,” she mentioned. “Men and women feel a lot far more comfy when they know I’m a actual person who can assist them get this piece out of the way.” She says that she’s met some neat folks, as well. “There are a lot of excellent folks who are hurting right now. It feels very good to be able to do one thing to support.”

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Although there is no assure that her letter will function, she follows up on each letter she writes. Her accomplishment rate, so far, is 86% — not bad in an industry fraught with horror stories.

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If you need a hardship letter, go to http://www.hardshipletterin2days.com and Becky can support you out. Or call her straight at 303-249-9929.

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Townhall Meeting to Raise Homeowners’ Concerns Against Practices of Banks in Property Loan Modification and Foreclosure

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San Jose, CA (PRWEB) March 18, 2010

Homeowners In Action (http://www.homeownersinaction.com), a neighborhood grassroots movement concerned about the lack of fairness and transparency in bank practices, announced nowadays that a town hall meeting will be held at the Martin Luther King, Jr. Library in San Jose on Saturday, March 20, in order to raise home owners concerns against the secretive and ineffective practices of banks in property loan modification and foreclosure.

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Janice Hills, a San Jose resident, has been waiting for her loan modification because February 2009. Twelve months later she received a get in touch with from a loan underwriter supplying a loan modification package with payments only $ 20 less than her old loan payment. Now she has tiny alternative except to let go of the property or file for bankruptcy.

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However, Janice is not alone. Hundreds of thousands of homeowners across the nation face similar stories and thousands of households are heavily hit locally in San Jose.

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Foreclosure dont just effect the household who loses their property, they impact the stability of our neighborhoods,” said San Jose Mayor Chuck Reed on April 8, 2009.

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But, regardless of $ 75 billion offered to banks by the federal government to assist in preventing foreclosure by way of the loan modification procedure, new data released shows that the governments foreclosure prevention plan has been ineffective: mortgage servicers have delivered fairly couple of permanent modifications. Although a necessary Prepayment Trial Plan is supposed to last only for three months, ProPublica reported lately that about one hundred,000 homeowners have been stuck in a prepayment plan for longer than six months, some for as extended as 10 months, a lot more than 3 occasions the Obama Generating Residence Reasonably priced Applications recommendations, even though several have noticed their home foreclosed during the approach.

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The bailout is taxpayers’ money. It requirements to get out to the people on Main Street to preserve these properties, to protect these neighborhoods,” said California Assemblyman Alberto Torrico.

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Jenny Do, San Jose lawyer and cofounder of Home owners In Action, said: It is essential to halt all foreclosures on property loans unless they have been processed through the governments Residence Reasonably priced Modification System and exhausted lenders own alternative modification programs.”

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Michel Lopez, CEO of a nearby company, added: “Home owners in economic problems are victims of unfair and secretive banking practices. They are taxpayers who have contributed money to the bailouts and it is a moral obligation for bankers to rescue them back in return.”

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The goal of this town hall meeting is to let the people voice their stories and sign a petition demanding banks and mortgage businesses to be transparent and take instant action to avert the foreclosure of houses, that are affecting thousands of families in San Jose.

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Please join the forum with hundreds of other property owners to raise the concerns of the community and demand immediate services by banks and mortgage organizations to stop foreclosure.

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When &amp Where&#13

Saturday, March 20, ten:00 AM to 12:00 PM&#13

2nd Floor of the Martin Luther King, Jr Library&#13

150 East San Fernando Street, San Jose, CA 95112&#13

4th Street &amp San Fernando Street, downtown San Jose

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Speak to:

Reaching U Network Holds a Free Seminar in South Florida for Struggling Homeowners Questioning Their Banks Lending Practices

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Hallandale Beach, FL (PRWEB) August 12, 2011

July 21, 2011 Reaching U Network, a non profit organization, held a cost-free seminar for homeowners in South Florida who had inquiries regarding their mortgage lender, their current loan circumstance and the existing status of their residence. Property owners who are in the method of a loan modification or who are in worry of foreclosure attended the seminar to understand from a premier foreclosure lawyer, through examples of previous court circumstances, the procedure the banks at present implement and how this might apply to their residence situation.

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Subject matter such as Floridas present foreclosure status and how it is at the moment the nations highest was discussed, as properly as how in the final year the banks have repossessed more than 1 million residences in the U.S.

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The seminar discussion then turned its concentrate to mortgage documents and the triggers for the foreclosure method, meaning an acceleration clause in ones mortgage documents that specifics the course of foreclosure after one particular defaults on their mortgage.

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The sequence the banks adhere to as soon as a house is in a foreclosure was then provided, providing info as to how banks sue a homeowner for foreclosure and the specifications the banks must acquire to file this lawsuit, such as serving the homeowner with correct notice/complaint below the state and the significance of saving envelopes received from mortgage lenders due to the postmark.

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Via examples of present instances that have been awarded to other homeowners, a lot of queries from the participants had been answered. A single was a lady who was concerned about her terminally ill sister, whose lender had foreclosed on her house even though she was going by way of chemotherapy. An additional was a lady who had legal representation from an lawyer she felt was not properly representing her case concerning her property and the method her lender had taken to file suit. Each of these participants, like a lot of of the other folks in attendance, have been incredibly impressed with the extensive data the seminar offered regarding the banks poor lending practices and the method of loan modifications turning into foreclosures.

Federal Housing Probe On Target But Need to Examine Loan Modifications, Investigation of Loan Origination Practices That Led To Financial Collapse

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Washington, DC (PRWEB) October 21, 2010

John Taylor, president &amp CEO of the National Community Reinvestment Coalition, issued this statement today in response to the Administration’s probe of mortgage servicers:

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“It was heartening to hear that the Obama Administration is investigating regardless of whether servicers are performing all they can to support homeowners keep away from foreclosures, but their probe must incorporate the abusive lending practices that led to the economic chaos that shattered our economy. The Administration ought to move swiftly on the query of whether or not banks are doing what they need to do and must do below housing laws to help borrowers because stemming foreclosures is essential to ending the economic downturn. Foreclosures are the bane of our economic recovery, and we fail to see how a temporary national freeze will hurt the economy more than the foreclosures do. No one wants to freeze foreclosures on abandoned houses. And a foreclosure freeze provides us all the opportunity to counsel homeowners, operate with lenders and servicers to repair the servicing pipeline, and hold accountable home owners in their properties.

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“As well a lot of of these failing loans relate to the origination of those loans becoming steeped in fraud, abuse and unsustainable lending. Regulatory and enforcement officials, several now exorcized over the recent inaccuracies in paperwork and documentation, must delve a little deeper into the much more devious and widespread malfeasance that developed these unsustainable loans. The Administration’s new probe need to look not only at how banks are assisting home owners but also how banks created the loans in the first place.

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“We have been saying because 2007, these loans should be modified or refinanced in a way that places the homeowner in the kind of loan they should have received in the very first place. Wall Street, servicers and lenders require to take duty for adjusting these loans to a reasonable level based on the borrower’s potential to spend. This has been the intent under many foreclosure prevention applications. And it was a regular practice in the financial services sector prior to the sub-prime lending market hijacked the mortgage company. This will contribute to homeowners remaining in their properties and minimizing, substantially, the quantity of foreclosures. A single issue a federal probe ought to examine is the extent to which servicers are in fact making sufficient efforts to make sustainable modifications to loans.

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“Only a national freeze on foreclosures would give officials the the ability to do this in a timely manner. A freeze on foreclosures does not imply that abandoned or vacant properties can not be foreclosed on or sold, of course that need to occur. But for those property owners that are still attempting to pay their mortgage, but have fallen behind by means of no fault of their own, an additional strategy is required.

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“A freeze would let servicers to put their shops in order to stop fraud and abuse. It’s clear that their sloppy practices are pushing a lot of home owners to foreclosure who could otherwise steer clear of it. With an addition 11 million foreclosures coming down the pike (according to Amherst Securities), it really is crucial that we fix this process. A six-to-eight month freeze would also permit these working with home owners, banks and servicers, to address the backlog of home owners needing counseling, mediation or legal services. With out some kind of oversight and verification, enabling servicers to make their own determinations about the integrity of their servicing processes is a bad concept, given what we now know. Who’s to say that their robo-signing, mass-production process will not continue and will push far more individuals into foreclosure, hurting our economy and the millions of households attempting to operate their way out of this abyss?

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“The government saw the need to rescue the extremely economic institutions that placed our economy in jeopardy, but has failed to bring the very same sense of urgency to help these quite households who have been impacted by the abusive, fraudulent and unsustainable lending practices by Wall Street and mortgage lenders. This is like telling a malaria victim that they must fend for themselves simply because they shouldn’t have been exposed to these spreading the malaria. America’s true moral hazard will be to blame millions of families that trusted the unregulated financial solutions sector with their life savings and dreams, only to have been taken to the cleaners.”

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Kramer-Kaslow: Questionable Banking Practices Outcomes in Lawsuit For JP Morgan Chase (CHASE)

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Calabasas, California (Vocus/PRWEB) April 18, 2011

Philip Kramer has filed a mass joinder lawsuit against JP Morgan Chase (CHASE) (Belmont v. Chase, Superior Court of California, Superior Court of Los Angeles, case number: BC455629) in what is potentially the most substantial and precedent-setting legal action taken against lenders as a outcome of the national foreclosure crisis, it was announced nowadays by Philip Kramer, Esq. of Kramer &amp Kaslow.

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The firm has filed suit on behalf of a mass joinder of plaintiffs looking for damages and injunctive relief as a outcome of what Mr. Kramer calls the bank’s fraud and numerous violations of Nearby, State, and Federal customer protection laws. Mr. Kramer says that relief is getting sought for fraud, to quit the illegal sale of plaintiffs residences, to force the bank to cease and desist from their outrageous conduct, as properly as to seek compensatory damages on behalf of the plaintiffs.

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Mr. Kramer says that the lawsuit alleges CHASE perpetrated a massive fraud, also constituting unfair competition upon borrowers that devastated the values of their residences, resulting in the loss of net worth even as CHASE enriched itself by knowingly promoting economic instruments based on a value the bank knew to be unwarranted. The lawsuit alleges that CHASE further intended to deprive quite a few rights and remedies for the problems they triggered the borrowers and believes that the harm done to the plaintiffs is exceeded only by the scale of the banks conduct, as asserted in the plaintiffs suit.

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According to court documents, the lawsuit claims the bank disregarded underwriting requirements and implemented a massive fraud that was concealed from borrowers and other mortgagees on an unprecedented scale. The lawsuit alleges that, as a outcome of the banks actions, borrowers lost equity in their homes, their credit ratings and histories were destroyed and they incurred unnecessary fees and costs.

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Mr. Kramer says that the lawsuit challenges the fraudulent and illegal use of MERS in connection with the loans and mortgages, as well as the defendants alleged failure to perform their obligations pursuant to accepting TARP funds.

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I am convinced that for the initial time that aggrieved property owners are going to get a fighting chance, says attorney Philip Kramer. Till now, the banks have had their way, employing and abusing the system at the expense of distressed home owners across the nation. Now, soon after years of abusing homeowners and the greater public, the bank bullies are acquiring a great stiff legal punch in the nose.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior partner of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on company litigation, and actual house matters. He has prosecuted and defended instances for over twenty 5 years.

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Mr. Kramer is a licensed real estate broker and has spent considerable time offering legal services in connection with real estate issues relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, building and improvement, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice prior to all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 situations. He has appeared on nationally televised applications with regards to pre-trial procedure and trial approach and has appeared as a guest lecturer on subjects ranging from constitutional law to trial practice, and Mr. Kramer often lectures on a broad spectrum of numerous legal and enterprise problems.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a previous president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on several Boards of Directors and serves as an officer in a lot of businesses. For far more details get in touch with (818) 224-3900 or go to http://kramerlaw2.com.

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Kramer Kaslow: Alleged Unscrupulous Banking Practices Outcome In Mass Joinder Lawsuit Against GMAC

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Calabasas, CA (Vocus/PRWEB) April 19, 2011

Philip Kramer has filed a mass joinder lawsuit against GMAC (Locker v. Ally, Superior Court of California, Superior Court of Los Angeles, case quantity: BC 452 263) in what is potentially the most substantial and precedent-setting legal action taken against lenders as a result of the national foreclosure crisis, it was announced right now by Philip Kramer, Esq. of Kramer &amp Kaslow.

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The firm has filed suit on behalf of a mass joinder of plaintiffs looking for damages and injunctive relief as a result of what it alleges is the bank’s fraud and several violations of Local, State, and Federal customer protection laws. Mr. Kramer says that relief is becoming sought for fraud, to quit the illegal sale of plaintiffs houses, to force the bank to cease and desist from their conduct, as well as to seek compensatory damages on behalf of the plaintiffs.

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The lawsuit alleges that GMAC perpetrated a massive fraud, also constituting unfair competitors upon borrowers that devastated the values of their residences, resulting in the loss of net worth even as GMAC enriched itself by knowingly promoting economic instruments based on a value the bank knew to be unwarranted. The suit also alleges that GMAC additional intended to deprive many rights and treatments for the troubles they caused the borrowers and Mr. Kramer believes that the harm done to the plaintiffs is exceeded only by the scale of the banks conduct as asserted in the plaintiffs suit.

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According to court documents, the lawsuit claims the bank disregarded underwriting standards and implemented a massive fraud that was concealed from borrowers and other mortgagees on an unprecedented scale. The lawsuit alleges that, as a outcome of the banks actions, borrowers lost equity in their houses, their credit ratings and histories have been destroyed and they incurred unnecessary charges and costs.

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Mr. Kramer also claims that the lawsuit challenges the fraudulent and illegal use of MERS in connection with the loans and mortgages, as nicely as the defendants failure to perform their obligations pursuant to accepting TARP funds.

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The lawsuit’s filing coincides with a recent choice in a class action suit that invalidated a lot more than ten,000 foreclosure circumstances managed by GMAC Mortgage due to the fact affidavits in the circumstances were signed by a GMAC robo-signer who, according to court documents, attested to the authenticity of foreclosure documents with out any knowledge about them, as nicely as signing other false statements in the case Manson v. GMAC Mortgage LLC, 08-cv-12166, U.S. District Court, District of Massachusetts (Boston).

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I am convinced that for the very first time that aggrieved home owners are going to get a fighting likelihood, says lawyer Philip Kramer. Till now, the banks have had their way, using and abusing the method at the expense of distressed home owners across the nation. Now, soon after years of abusing home owners and the greater public, the bank bullies are acquiring a excellent stiff legal punch in the nose.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes commercial litigation and trial advocacy, with a concentration on enterprise litigation, and true house matters. He has prosecuted and defended circumstances for over twenty five years.

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Mr. Kramer is a licensed true estate broker and has spent considerable time delivering legal solutions in connection with real estate problems relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, building and improvement, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice just before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 circumstances. He has appeared on nationally televised applications regarding pre-trial process and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer often lectures on a broad spectrum of different legal and business concerns.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a previous president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on several Boards of Directors and serves as an officer in numerous companies. For a lot more info get in touch with (818) 224-3900 or check out http://kramerlaw2.com

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Kramer and Kaslow: Bank Probes Uncover Questionable Practices on Foreclosures

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Calabasas, California (PRWEB) June 14, 2011

Attorney Philip A. Kramer, senior companion of the Kramer &amp Kaslow law firm which is conducting consolidated plaintiff litigation lawsuits on behalf of hundreds of property owners, remarked on a recent expose of bank probes by the news internet site Propublica.

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Propublica is truly carrying out a public service with their investigations,” stated Philip Kramer. “I represent hundreds of clients who have been wronged by the banks. We have charged fraud, and conspiracy, calumny and deception, from leading to bottom. There is a lot of malfeasance going on, and other than our civil suits, there has been little or no judicial action. One thing has to be done and I am hopeful that Propublicas investigations may possibly help commence that process.

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Propublica journalist Marian Wang writes in a recent write-up, As we and many other folks have noted, no prime banking executives have been effectively prosecuted in connection with the financial crisis: not for making the poor loans that fed the mortgage machine, not for lying about the top quality of the mortgages, and not for foreclosing improperly when home owners struggled to make loan payments. But there have been several investigations. Some are still pending, other folks look to have fallen by the wayside. Heres our overview of what the banks have been accused of undertaking at every stage of the mortgage machine.

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Propublica compares the undesirable foreclosure procedure to a machine and argues that the initial step is risky lending and underwriting. Philip Kramer agrees. “If you look at any of the cases we filed, for example, take a appear at: Maxam v. Bank Of America (case No: 30-2011-00450819-CU-MT-CXC), youll see that we already know a fantastic deal about the banks misbehavior. The query is, When will judicial and regulatory bodies catch on?

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Propublica breaks down the bank practices foreclosure crisis into five regions:

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Kramer and Kaslow: Even Right after Mortgage Modification, Alleged Shoddy Bank Practices Hurt Homeowners

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Calabasas, California (PRWEB) June 16, 2011

Philip Kramer, lead lawyer at the Law Offices of Kramer and Kaslow, lately commented on a Propublica write-up about mortgage modification issues. According to the news publication Propublica.org, A lot of homeowners have been granted a difficult-fought mortgage modification only to have their mortgage company efficiently pull a bait and switch.

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Propublica goes on to report, To get a sense of how widespread this problem is, the nonprofit Connecticut Fair Housing Center conducted an informal survey of 16 legal aid organizations and one particular private attorney. In practically a quarter of the 655 situations of modifications they reviewed, the mortgage servicer did not abide by the terms of the agreement.

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Bryan Hubbard, a spokesman for the Office of the Comptroller of the Currency (OCC), the primary regulator for the country’s largest banks, said in the report that, Regulators were aware of the issues and are placing processes in place to address them. The banks, for instance, will soon be required to give a “single point of contact” for every homeowner, so that when an error does happen, the homeowner will supposedly be in a position attain somebody knowledgeable about their case.

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When asked to comment, Philip A. Kramer, a noted litigator whose firm Kramer &amp Kaslow has filed consolidated plaintiff litigation lawsuits on behalf of hundreds of home owners against some of the nations top banks, said, This behavior is standard, sadly. Its a mixture of arrogance and incompetence. Perhaps worse, due to the fact what normally takes place is that when a homeowner gets an attorney involved, the banks get responsive. That suggests that at the really least, they can get factors appropriate when they have to.

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Far more of Philip Kramers observations can be located at the Kramer and Kaslow weblog.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior partner of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on enterprise litigation, and true house matters. He has prosecuted and defended instances for more than twenty 5 years.

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Mr. Kramer is a licensed genuine estate broker and has spent considerable time providing legal solutions in connection with real estate concerns relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, building and improvement, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice just before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 cases. He has appeared on nationally televised programs relating to pre-trial procedure and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of a variety of legal and enterprise concerns.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a previous president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on numerous Boards of Directors and serves as an officer in numerous organizations. For more details contact (818) 224-3900 or go to http://kramer-kaslow.com

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