LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days
LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days; First-Time Foreclosure Starts Near Three-Year Lows JACKSONVILLE, Fla., Aug. 30, 2011 /PRNewswire via COMTEX/ — The July Mortgage Monitor report released by Lender Processing Services, Inc. LPS -0.33% shows that foreclosure timelines continue their steady upward trend, as a … Read more
Amended Complaint | Nevada Wallops Bank of America with Sweeping Suit; Nation-wide Foreclosure Settlement in Peril
Nevada Wallops Bank of America with Sweeping Suit; Nation-wide Foreclosure Settlement in Peril by Paul Kiel ProPublica This post has been updated to reflect Bank of America’s response. The state of Nevada dramatically expanded its lawsuit against Bank of America today, turning the narrow case it filed late last year into a broadside that targets … Read more
Letter | Merkley Urges Obama to Include Mortgage Help, Energy Efficiency Programs in Jobs Agenda
Merkley Urges Obama to Include Mortgage Help, Energy Efficiency Programs in Jobs Agenda Portland, OR – Next week, President Barack Obama plans to lay out an agenda to jumpstart the American economy and create jobs. Oregon’s Senator Jeff Merkley is urging him to use that opportunity to take aggressive action to keep families in their … Read more
Federal Housing Finance Agency Action Regarding Court Consideration of Proposed Bank of America $8.5 Billion Settlement
Federal Housing Finance Agency Action Regarding Court Consideration of Proposed Bank of America Settlement The Federal Housing Finance Agency (FHFA), in its capacity as conservator of Fannie Mae and Freddie Mac (the Enterprises), today filed an Appearance and Conditional Objection regarding the proposed settlement between Bank of America and a consortium of 22 investors being … Read more
Complaint and Exhibits | BofA Sued Over $1.75 Billion Countrywide Mortgage Pool in U.S. Bank NA v. Countrywide Home Loans Inc
BofA sued over $1.75 billion Countrywide mortgage pool NEW YORK/CHARLOTTE, North Carolina (Reuters) – Bank of America Corp was sued by the trustee of a $1.75 billion mortgage pool, which seeks to force the bank to buy back the underlying loans because of alleged misrepresentations in how they were made. The lawsuit by the banking … Read more
LIES | Bank of America Kept AIG Legal Threat Under Wraps
Exclusive: Bank of America kept AIG legal threat under wraps (Reuters) – Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter. Bank of … Read more
Homeowners Seek to Block Bank of America $8.5 Billion Settlement
Homeowners Seek to Block Bank of America Settlement The legal onslaught continues for Bank of America. On Tuesday, several homeowners filed suit in the Federal District Court in Manhattan seeking to block a proposed $8.5 billion settlement between Bank of America and major mortgage investors including BlackRock, Pimco and the Federal Reserve Bank of New … Read more
‘Biggest Case In Ohio F’closure Law In A Century’ Takes Unusual Turn; Homeowner’s Mtg. Debt Mysteriously Disappears; Banksters, Lawyers: ‘No Comment!’
“The Duvall case seemed like a good one for the state Supreme Court to rule on to settle the issue but it has taken an unusual twist. You might even call it another bank snafu. The homeowner, Duvall, now owes nothing on his mortgage because – in an action unrelated to the Supreme Court case … Read more
Ohio Foreclosure Case of the Century! U.S. Bank National Assoc. v. Antoine Duvall on NPR Radio
U.S. Bank National Assoc. v. Antoine Duvall on NPR Radio TO: SUPREME COURT JUSTICES of the STATE of OHIO FROM: ALL OHIO HOMEOWNERS RE: U.S. Bank National Assoc. v. Antoine Duvall et al. CASE Number 2011-0218 THE QUESTION: To have STANDING, as a plaintiff, in a mortgage foreclosure action, must a party show that it … Read more
Devil’s Bargain: Wall St. & the Martin Act | Wherein BANKSTERS cry their rights to “due process” are being violated
Devil’s bargain: Wall St. & the Martin act Business leaders are fuming over Attorney General Eric Schneiderman’s nervy use of the Martin Act, the state law that gives him super-broad powers to investigate and press charges against alleged financial fraud. For example, Schneiderman has gone after several large energy firms for allegedly over-optimistic financial … Read more
Crazy? | Judge Doubts Foreclosure Lawyer Michael Pines’ Mental State
Hmmmm, he’s probably ranting and raving about fraudclosure and fake documents recorded in the court registry and fraud upon the court and financial predators and regulatory capture and campaign contributions and sell out AGs and…. ~ Judge doubts foreclosure lawyer’s mental state Court to decide if Michael T. Pines, of North County, should undergo exam … Read more
Press Release | Nadler and NY Delegation Assail Iowa Attorney General for Excluding NY Attorney General from Mortgage Settlement Talks
Nadler and NY Delegation Assail Iowa Attorney General for Excluding NY Attorney General from Mortgage Settlement Talks FOR IMMEDIATE RELEASE: Tuesday, August 30, 2011 NEW YORK, NY – Today, Congressman Jerrold Nadler (D-NY), the ranking Democrat on the Judiciary Subcommittee on the Constitution, and 20 members of New York’s congressional delegation chided Iowa Attorney General … Read more
