AUSTIN, Texas--(BUSINESS WIRE)--As Bank of America suspends foreclosure actions across all fifty U.S. states, and the government probes into fraudulent activities including “robo-signers” and other abuses, legal consultant and investigative journalist Dave Krieger releases his 250 page “Clouded Titles” report to provide homeowners with tools for navigating through the securitization and MERS maelstrom.
The report, available online at http://www.CloudedTitles.com, addresses five major areas for those wanting to better understand the current situation and solutions for averting disaster:
- How they got into this mess and how to find out if they’re involved in it.
- A thorough overview of how securitization and assignment works.
- Who MERS is and how it contributed to the current crisis.
- Corrective actions that attorneys are recommending.
- How to hire the right attorney and the costs they can anticipate.
“A clouded title is the term used to mean an adverse situation that creates a break in the chain of ownership assignment in a title to real property, thus making it unmarketable,” said Krieger. “What many people don’t realize is that nearly 60 million pieces of real property are affected by these clouds, and because of the sheer number we will be witnessing quiet title actions being filed for the next decade and beyond.”
What sounds like a conspiracy theory to many, is touted by those who have retained Krieger for his expertise as a real problem with less than ideal consequences:
“Mr. Krieger’s critical expertise in the detailed and complicated area of wrongful foreclosure, clouds on title and other cutting edge real estate matters is relevant and timely,” remarked Jill J. Smith of Natural Resources Law Group, P.L.L.C. “Don't look away from this searing analysis."
Added Matthew Hale, a practicing attorney from Seattle, Washington: “Dave Krieger has become a leading expert in the area of foreclosure defense and clouded title to real estate. As both a legal consultant and author he has assisted lawyers and their clients in fighting against fraudulent foreclosures over the past three years, even as the government and other major institutions ignored the sleeping giant.”
To schedule an interview with Dave Krieger, please Grace Sharington, Dremana Productions: Grace[at]DremanaProductions.com or 773-616-7726. For more information about the report, visit: www.CloudedTitles.com.
About Dave Krieger
Dave Krieger is a former major market radio news reporter and news director and television news reporter/anchorman and investigative journalist, who won national and state news awards from Associated Press Broadcasters. Dave was a former member of Radio and Television News Directors Association. Dave began studying law in early 1990; specializing in real estate, tort, consumer credit and collection issues. His first self-published work, The Credit Restoration Primer, a 263-page, self-help, credit repair book, was first released in 1995 and is now entering its 4th Edition. Dave currently serves as a paralegal and legal research analyst for Wade Kricken, an attorney in Dallas, Texas, who specializes in consumer and real estate law and foreclosure defense.