A Must See – Congressional Oversight Panel (COP) Hearing on Foreclosure Fraud and Robo-Signers

It’s long but you need to watch it. It is Fascinating… On Wednesday, October 27 at 10:00 a.m., the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP) held a hearing in room 138 of the Dirksen Senate Office Building. Archived video is available below. Click Through to View (But read the rest before … Read more

Onewest Bank, F.S.B. v Drayton – Brooklyn Judge Arthur Schack is a Local Hero, Decision Casts Light on Fraudulent Mortgage Paperwork

First from the NY Daily News… (Full Decision Below) Brooklyn judge Arthur Schack is a local hero, decision casts light on fraudulent mortgage paperwork Brooklyn State Supreme Court Judge Arthur Schack has done it again. The self-described “little judge from Brooklyn” has dismissed another foreclosure case, this time in favor of an East New York … Read more

4th DCA Summary Judgement Reversed – Servedio v USBank

DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA FOURTH DISTRICT July Term 2010 GUISEPPE SERVEDIO a/k/a Joseph Servedio, Appellant, v. US BANK NATIONAL ASSOCIATION, as Indenture Trustee, on behalf of the holders of Terwin Mortgage Trust 2007-AHL1, Asset-Backed Securities Series 2007-AHL1, Appellee. No. 4D10-1898 [October 27, 2010] The  issue presented in this appeal  is … Read more

The Market Ticker – Oh Oh – Here Comes (More) Trouble On Foreclosure Titles

TOXIC TOXIC TOXIC TOXIC TITLES TITLES TITLES TITLES ~ Oh Oh – Here Comes (More) Trouble On Foreclosure Titles Eh, I have an update from Fidelity Title – this is for Florida foreclosures. Here’s the salient “trouble spot” – this is what must be in the foreclosure docket for them to grant a policy: The … Read more