Mortgage Fraud Assessment – Florida Department of Law Enforcement FDLE 2005

So I was doing my daily perusal of the bowels of the internets and came up with this little gem. Mortgage Fraud Assessment – Florida Department of Law Enforcement FDLE 2005 (see below) It was mentioned in this article from the Herald Tribune… Flipping fraud ignored by police and prosecutors –In 2005, the Florida Department … Read more

Second Chances Subprime Mortgage Modification and Re-Default

Federal Reserve Bank of New York Staff Reports Mortgage modifications have become an important component of public interventions designed to reduce foreclosures. In this paper, we examine how the structure of a mortgage modification affects the likelihood of the modified mortgage re-defaulting over the next year. Using data on subprime modifications that precede the government’s … Read more

THE MERS ASSIGNMENT GAME: SEVERAL COURTS GET IT

By Jeff Barnes, Esq. www.ForeclosureDefenseNationwide.com This is not an endorsement of the above Law Firm. It is simply to share the information below. “As we previously advised on this website, the decision of the Supreme Court of Kansas which attacked MERS assignments has literally subjected some sixty (60) million mortgage foreclosures to challenge. Notwithstanding the … Read more