UNSEALED: DOJ Confirms Holders of Securitized Loans Cannot Be Traced

UNSEALED: DOJ Confirms Holders of Securitized Loans Cannot Be Traced Originally posted at http://mortgageflimflam.com With additional edits by http://4closurefraud.org In a filing unsealed on June 3, 2016, the Department of Justice (DOJ)  confirms what many of us have known for years. Nobody, not even the U.S. Government, with massive resources, can determine who owns your loan and … Read more

James R. Ackley: Responding to Disaster, A Contemporary Approach to Foreclosure Defense

Responding to Disaster, A Contemporary Approach to Foreclosure Defense By James ‘Randy’ Ackley The consequences of a family losing their home, it goes without saying, are horrendous. Helping people who have lost their homes is one of the most rewarding, yet heartbreaking, vocations a person can experience. I have been privileged to have had the … Read more

Tim Miller – “Love, Your Broken Home”

Tim Miller – “Love, Your Broken Home” (Live Studio Recording) A little while back I listened to an interview on the radio involving predatory lending practices. On one side, they had a family on the verge of being homeless because of these predatory practices. On the other side, they interviewed a twenty something year old … Read more

First Look: New Linda Tirelli Suit Against Bank of America

First Look: New Linda Tirelli Suit Against Bank of America Cross-posted from LiberyRoadMedia Attorney Linda Tirelli, a rockstar in the arena of foreclosure defense, has just filed an adversarial bankruptcy suit in the Southern District of New York naming the following as defendants: Bank of America, Nationstar, U.S. Bank, and Recontrust. As many former and soon-to-be-former … Read more

USA’s “Champions” of Foreclosure Rates

USA’s “Champions” of Foreclosure Rates Just about everyone inside and outside of the U.S. knows about the major financial crisis the country went through a few years back. It was a mess of big banks getting away with everything but murder, people being suckered into mortgages they couldn’t afford, and ruin around the nation as … Read more

Watch: David Dayen’s Keynote Address to The National Consumer Law Center

David Dayen’s Keynote Address about Chain of Title to the National Consumer Law Center In the depths of the Great Recession, a cancer nurse, a car dealership worker, and an insurance fraud specialist helped uncover the largest consumer crime in American history—a scandal that implicated dozens of major executives on Wall Street. They called it … Read more

Trashed Out: Homeowners Claim They Were Burglarized By Their Banks

Homeowners Claim They Were Burglarized By Their Banks MORRIS, N.J. (CBSNewYork) — Being burglarized is among a homeowner’s worst nightmares. Now, imagine the intruder is actually sent there by your bank. Those break-ins happen more often than you might think. “All the cabinets were open, everything was in disarray,” Davide Adier recalled. What’s worse say owners  … Read more

CFPB Puts 44 Mortgage Lenders and Brokers on Notice That They May Be Required to Report Mortgage Data

CFPB Puts 44 Mortgage Lenders and Brokers on Notice That They May Be Required to Report Mortgage Data WASHINGTON, D.C. –(ENEWSPF)–October 27, 2016.  Today the Consumer Financial Protection Bureau (CFPB) is issuing warning letters to 44 mortgage lenders and mortgage brokers. The Bureau has information that appears to show they may be required to collect, … Read more