Foreclosure Fraud Panel Three Hearing Testimony – Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

Posted by 4closureFraud on November 18, 2010 · 12 Comments 

Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing Date: November 18, 2010 Time: 10:00AM Location: 2128 Rayburn House Office Building Witness List & Prepared Testimony: • Mr. Adam Levitin, Associate Professor of Law, Georgetown University Law Center • Mr. Anthony B. Sanders, Professor of Finance, Distinguished Professor of Real Estate Finance, … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, securities fraud

Foreclosure Fraud Panel Two Hearing Testimony – Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

Posted by 4closureFraud on November 18, 2010 · 3 Comments 

Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing Date: November 18, 2010 Time: 10:00AM Location: 2128 Rayburn House Office Building Witness List & Prepared Testimony: • Ms. Rebecca Mairone, Default Servicing Executive, Bank of America • Mr. Thomas Marano, CEO of Mortgage Operations, Ally Financial Inc. • Ms. Stephanie Mudick, Executive … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Foreclosure Fraud Panel One Hearing Testimony – Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

Posted by 4closureFraud on November 18, 2010 · 5 Comments 

Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing Date: November 18, 2010 Time: 10:00AM Location: 2128 Rayburn House Office Building Witness List & Prepared Testimony: Ms. Phyllis Caldwell, Chief, Homeownership Preservation Office, U.S. Department of the Treasury The Honorable Elizabeth A. Duke, Governor, Board of Governors of the Federal Reserve System … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

CitiMortgage Finally Admits to Foreclosure Paperwork Problems AKA Felonies

Posted by 4closureFraud on November 18, 2010 · 14 Comments 

CitiMortgage Admits to Foreclosure Paperwork Problems By Ariana Eunjung Cha Citigroup, which for almost two months has claimed its process for preparing foreclosure affidavits was sound, is reviewing about 14,000 documents, including 4,000 that may have been notarized improperly, a company official said in written testimony to Congress to be delivered Thursday. Unlike other large … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

SEC Investigating Citigroup Mortgage Deal

Posted by 4closureFraud on November 18, 2010 · 3 Comments 

SEC Investigating Citigroup Mortgage Deal by Jake Bernstein and Jesse Eisinger ProPublica, Nov. 18, 2010, 9 a.m. The Securities and Exchange Commission is investigating Citigroup’s role in a $1 billion deal that the bank created in the run-up to the financial crisis. The agency is looking at whether Citi improperly pushed an independent manager to … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud