Lender Processing Services | Robo-signed – Massive Foreclosure Fraud Revealed (VIDEO)

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Holy Fraudclosure! | Cantwell to Justice Department: Fully Investigate Fraudulent Foreclosures before Bank Settlement

U.S. Senator Maria Cantwell Washington For Immediate Release December 15, 2011 Cantwell to Justice Department: Fully Investigate Fraudulent Foreclosures before Bank Settlement In letter to DOJ, Cantwell demands full investigation into robo-signing scandal and ‘pump and dump’ mortgage bubble scheme WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA) demanded the Department of Justice fully … Read more

Independent Foreclosure Review | OCC Says Independent Consultants Can’t Contact Borrowers

  OCC Says Independent Consultants Can’t Contact Borrowers The independent consultants hired by bank servicers to review and assess the claims of millions of borrowers who may have been harmed in the foreclosure process will not be able to contact these borrowers directly or even talk with housing counselors, according to testimony at a Senate … Read more

Action Alert | SOS For Danielle Sterling Endorsements & Signatures For American Home Mortgage Entities

SOS For Danielle Sterling Endorsements & Signatures For American Home Mortgage Entities Friends & Colleagues: We have a BIG case that will turn industry on its head. We are now going after “robo-endorsers” which is similar to robo-signing, but with the actual endorsements placed on alleged wet-ink promissory notes and allonges. We have evidence and … Read more

Incoming! | Florida’s Red Carpet Treatment of Fraudclosures Results in Surge in New Filings

After long lull, foreclosure filings ramp up By Kimberly Miller, Palm Beach Post Staff Writer New foreclosures were filed against more than 11,000 Florida homeowners in November, a 7 percent jump over the same month in 2010 and the first year-over-year increase in 20 months. The surge in new cases supports predictions that banks would … Read more

BonusSpeak | Dec 13, 2011 US Senate Banking Committee Hearing on FHFA, Fannie/Freddie Bonuses

Fannie Mae and Freddie Mac Oversight Dec 13, 2011 Senate Committee Banking, Housing and Urban Affairs Steve Linick, FHFA Inspector General, testified at an oversight hearing on the Federal Housing Finance Agency (FHFA). He questioned FHFA’s decision to award over $35 million in executive bonuses at Fannie Mae and Freddie Mac without conducting an independent … Read more