“Pretender Lender” IndyMac Defies Court Order in Yano-Horoski Case!!!
Indy Mac claims $474,936.78 still is owed two weeks after Justice Jeffrey Spinner ordered the mortgage canceled. Source: Judge orders parties back to court in mortgage case (requires paid subscription to Newsday) Fri 11 Dec 2009 The state Supreme Court justice who last month lashed out at a bank’s dealings with an East Patchogue family … Read more
Banksters Say No Way to Proposed Mortgage Bankruptcy Changes
Financial Reform: Cramdown Fails, CFPA Preserved Dec. 11 (Bloomberg) — Republican lawmakers defeated a mortgage “cram-down” amendment that would have given federal judges the power to lengthen mortgage terms, cut interest rates and reduce loan balances for homeowners in bankruptcy court. The U.S. House of Representatives voted 241-188 today, stripping the amendment from a broader … Read more
