John Walsh of the OCC Speaks to Financial Services Roundtable “Some Foreclosures Should NOT Have Taken Place at All”

It’s more than “some” Johnny Boy… It should of been NONE. From the speech… The enforcement actions that the federal banking agencies took against the large servicers were intended, in the first instance, to fix the very serious problems we found in foreclosure processing, and in the second to ensure that any borrowers harmed by … Read more

BAM | CA Appeals Court REVERSES Countrywide Class Action Suit Dismissal in DAVID H. LUTHER et al. v. COUNTRYWIDE FINANCIAL CORPORATION et al.

Filed 5/18/11 CERTIFIED FOR PUBLICATION IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA SECOND APPELLATE DISTRICT DIVISION FIVE DAVID H. LUTHER et al., Plaintiffs and Appellants, v. COUNTRYWIDE FINANCIAL CORPORATION et al., Defendants and Respondents. (Los Angeles County Super. Ct. No. BC380698) From Yahoo News… LOS ANGELES – An appeals court has overturned … Read more

Fee Sharing | Jacoby & Meyers Law Offices, LLP Challenges N.Y. Prohibition of Non-Lawyer Firm Ownership

Hmmm… This is interesting…. Suit Challenges N.Y. Prohibition of Non-Lawyer Firm Ownership Lawsuits filed by Jacoby & Meyers challenging state prohibitions on nonlawyers owning interests in law firms have added fuel to the debate over how to protect the interests of clients should American law firms ever be allowed to accept outside investment. In virtually … Read more

Another MERS Loss | Citibank (Mers) v Barabas Court of Appeals Indiana

CITIMORTGAGE, INC.,  Appellant-Intervenor/Cross-Claimaint,  vs.  SHANNON S. BARABAS A/K/A SHANNON  ) SHEETS BARABAS,   Cross-Claim Defendant,  RECASA FINANCIAL GROUP, LLC,   Appellee-Plaintiff/Cross-Claim Defendant,      and  RICK A. SANDERS,    Appellee/Third-Party Defendant.  APPEAL FROM THE MADISON CIRCUIT COURT The Honorable Fredrick R. Spencer, Judge Cause No. 48C01-0806-CC-593 May 17, 2011 OPINION – FOR PUBLICATION MERS loses once … Read more

Foreclosure Fight Club Atty George Babcock | Urgent Memorandum – It’s on baby

You all remember George Babcock from his last letter, right? It is disgusting  and  I will make sure  that whoever  violates  his property rights is knocked out of the ring. No TKO’s will be accepted. A full  fledged,  right cross to the chin of the beast. I look  forward to a response although  I am … Read more

Mandelman | KILL BILL: Arizona Mortgage Lender’s Association Takes Credit for Killing SB 1259

Some updates on SB1259… ~ KILL BILL: Arizona Mortgage Lender’s Association Takes Credit for Killing SB 1259 Well, we know the driving force behind the terrorist attack on SB 1259 was Rep. Nancy McClain, in conjunction with Sen. Michelle Reagan, of course, without whom it would not have been possible.  But, was it Nancy’s idea, … Read more

Press Advisory | May 23: CA Attorney General Kamala D. Harris Announces Major Initiative to Protect Homeowners from Mortgage Fraud

May 23: Attorney General Kamala D. Harris Announces Major Initiative to Protect Homeowners from Mortgage Fraud WHAT: Attorney General Kamala D. Harris will make a major announcement regarding criminal and civil responses to mortgage fraud. She will be joined at the announcement by Los Angeles Mayor Antonio Villaraigosa. Immediately following the announcement, representatives of the … Read more

PB Post | Fewer Judges Will Be Hearing Florida Foreclosures as State Money Runs Out

“Palm Beach County Chief Judge Peter Blanc said some cases are being temporarily canceled while Hoy, who will be the only judge dedicated full-time to foreclosures after June 30, sees how he will keep up with the increase in work.” ~ Man, that order we published is sure getting attention… ~ Fewer judges will be … Read more