Deutsche Bank Offers U.S. Plans for Renting Fraudclosed Homes

Deutsche Bank Offers U.S. Plans for Renting Foreclosed Homes Fortress Investment Group LLC (FIG) and Deutsche Bank AG (DB), whose executives played roles in the housing bubble, are among the hundreds of firms that responded to a U.S. government request for proposals to rent out foreclosed fraudclosed homes. The Federal Housing Finance Agency asked for … Read more

Matt Weidner | AMERIKA – Land of Millions of Political Prisoners

AMERIKA- Land of Millions of Political Prisoners Author: Matthew D. Weidner, Esq. Thomas Jefferson famously said, “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” What he didn’t tell us was that when it’s too late and the tree of liberty is long died, the flickering … Read more

Independent Foreclosure Review Fail | NY Times – Foreclosure Relief? Don’t Hold Your Breath

Foreclosure Relief? Don’t Hold Your Breath BUT Michael Olenick, a specialist in mortgage research, said he spotted a conflicted consultant after one hour of digging. Allonhill, a smallish firm appointed by Aurora Bank, a mortgage servicer, is headed by Sue Allon, whose previous small firm acted as credit risk manager in a 2003 mortgage pool … Read more

I-Team: Nevada Supreme Court Case Could Impact Homeowners

I-Team: Nevada Supreme Court Case Could Impact Homeowners LAS VEGAS — A case before the Nevada State Supreme Court next week could have far-reaching impact on Nevadans struggling to stay in their homes. Among the issues before the justices is what proof lenders must provide to show they own the property they seek to foreclose. … Read more

Michael Olenick: The Coming of the Light

Michael Olenick: The Coming of the Light We closed down crooked foreclosure processing companies, exposed crooked bankers, and now even identified a crooked (or at least grossly incompetent) senior US government official or two. We’ve watched them twist the law, the financial markets, and their own humanity into some unrecognizable nightmare form, and now and … Read more

BAM! | U.S. Army Sergeant David Brash has won more than $21 million in damages from PHH Mortgage after it falsely claimed he defaulted on his loan

David beats Goliath: Homeowner wins $21MILLION payout from mortgage firm in dispute over credit rating It’s a rare case of the little guy taking on a big corporation – and winning. U.S. Army sergeant David Brash has won more than $21million in damages from PHH Mortgage after it falsely claimed he defaulted on his loan. … Read more