Sewer Service | Local Florida Couple Wins Foreclosure Reprieve
Couple wins foreclosure reprieve by Kim Miller Lisa and Mitchell Glogower, who were featured in a Palm Beach Post story Monday, were fighting a March 14 deadline to save their home. That was the auction date set by the court after a final foreclosure judgment was entered in July. But today, the couple, with the … Read more
SEC Charges Former Treasurer Desiree E. Brown of Major Mortgage Lender Taylor, Bean & Whitaker for Role in Securities Fraud and TARP Scheme
SEC Charges Former Treasurer of Major Mortgage Lender for Role in Securities Fraud and TARP Scheme FOR IMMEDIATE RELEASE 2011-49 Washington, D.C., Feb. 24, 2011 — The Securities and Exchange Commission today charged the former treasurer of the one-time largest non-depository mortgage lender in the country with aiding and abetting a $1.5 billion securities fraud … Read more
PB Post | More than Half of Palm Beach County Foreclosure Canceled
More than half of Palm Beach County foreclosure auctions canceled by Kim Miller Palm Beach County continued to see a large number of its foreclosure auctions cancelled in January with 1,358 scheduled sales _ 51.5 percent _ never making it to bid. Before foreclosures imploded in the fall, the average cancellation rate was about 30 … Read more
Walnut Place LLC v. Countrywide Home Loans Inc | Bank of America Sued by Investors Seeking to Unload Loans
Bank of America Sued by Investors Seeking to Unload Loans Bank of America Corp., the biggest U.S. bank by assets, was sued by investors in mortgage-backed bonds who are seeking to force the bank to buy back loans underlying their securities. Bank of America’s Countrywide Financial unit breached representations and warranties about the loans, which … Read more
PB Post | Ben-Ezra & Katz Retains Former State Senator Dan Gelber
Ben-Ezra & Katz retains former state Senator Dan Gelber by Kim Miller Ben-Ezra & Katz, the Fort Lauderdale law firm in hot water for its foreclosure practices, has retained Dan Gelber to provide support with quality control and to help evaluate its policies and procedures. Gelber is a former state senator from Miami Beach and … Read more
NJ | Appeals Court Reinstates ‘Fair Debt’ Suit Accusing Foreclosure Mill of Attempted Fee Gouging
Appeals Court Reinstates ‘Fair Debt’ Suit Accusing Foreclosure Mill Of Attempted Fee Gouging In Mortgage Payoff Letters Sent To Homeowner’s Attorney A Federal Court of Appeals just reinstated a lawsuit filed by a New Jersey homeowner seeking class action status that accuses the law firm representing a foreclosing lender of sending the homeowner’s attorney mortgage … Read more
Mortgage Fraud Whitewash: $20 Billion “Get Out of Jail Free” Settlement Floated
Mortgage Fraud Whitewash: $20 Billion “Get Out of Jail Free” Settlement Floated American leadership is reliable in one respect: it consistently undershoots my already low expectations. Or maybe I have it backwards because I keep forgetting who the authorities are really serving, and it clearly isn’t you and me. As we will discuss below, the … Read more
MERS Enters The Twilight Zone
The Market Ticker – MERS Enters The Twilight Zone Amusing over at NC: Mr. Anderson said that he could not comment on the OCC investigation or actions but then went on to say that no administration would allow, nor would it allow a judge’s ruling, to threaten the legal standing of a MERS member to … Read more
Bloomberg | Arizona Bill SB1259 Would Void Foreclosures Without Full Title History
“The trustees association has suggested an amendment to the bill that would instead require the owner to certify to the trustee that it has the legal right to foreclose. Under the amendment, which wasn’t taken up by the Senate, the lender could face perjury charges if the certification is found to be false.” Is that … Read more
