lps

Why You Should Double-Check the Math on Your Mortgage

Attention homeowners with mortgages, whether you're current or in default: Double-check your mortgage bank's math. As recent court testimony explains, there's a real chance that the bank is wrong about how much you owe them, particularly if you're behind on your payments.

When Banks Outsource Foreclosures, Nothing Good Happens

A Louisiana bankruptcy case involving a single foreclosure best illustrates the problems with the banks' outsourcing their mortgage default work to firms like LPS. The result of this money-saving maneuver by banks winds up costing everyone else dearly.