TBWSDailyShow | Deja Vu – It’s MERS Time Again… (VIDEO)
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David Dayen | HUD Continues Defense of Allowing HAMP Modifications as Part of the Foreclosure Fraud Settlement
…………………..Shaun Donovan……………………………………. Napoleon Dynamite ~ HUD Continues Defense of Allowing HAMP Modifications as Part of the Foreclosure Fraud Settlement The pushback from the Administration on one particular story arising from the foreclosure fraud settlement has been pretty intense. You cannot say that Shahien Nasiripour doesn’t have the attention of HUD. Today, they devoted an entire … Read more
NACA Report | Servicers Continue to Wrongfully Initiate Foreclosures: All Types of Loans Affected
Servicers Continue to Wrongfully Initiate Foreclosures: All Types of Loans Affected February 22, 2012 A February 2012 survey by the National Association of Consumer Advocates (NACA),i the National Consumer Law Center (NCLC)ii and the National Association of Consumer Bankruptcy Attorneys (NACBA)iii demonstrates that mortgage servicers continue to initiate foreclosure proceedings improperly, either while a homeowner … Read more
Abigail Field | Wells Fargo’s Servicer-Driven Foreclosure: Is Stumpf’s Company Vicious and Incompetent or Vicious and Greedy?
Wells Fargo’s Servicer-Driven Foreclosure: Is Stumpf’s Company Vicious and Incompetent or Vicious and Greedy? Well DOERs, John Stumpf, CEO of Wells Fargo, is a schmuck. CEO Stumpf knew (because DOERs told him) that the only reason grandma Patricia Martin faced foreclosure was because a Wells Fargo employee–Stumpf’s employee–lied to her daughter about late fees, and … Read more
Legal Fees Mount at Fannie and Freddie
Legal Fees Mount at Fannie and Freddie Taxpayers have advanced almost $50 million in legal payments to defend former executives of Fannie Mae and Freddie Mac in the three years since the government rescued the giant mortgage companies, a regulatory analysis has found. In that time, $37 million has gone to three former Fannie Mae … Read more
Citizen’s Report on HB 213 Florida Foreclosure Act
To the members of the Florida House Judiciary Committee, It should be made known that the members of this Foundation, and an incredibly large number of informed citizens and residents of the State of Florida are growing tired of the treasonous games being played by our elected ‘leaders’. Stop these Bills now, or you will … Read more
Two Wall Street Players Ensnared in New Probe
Two Wall Street Players Ensnared in New Probe by Jake Bernstein ProPublica More than three years after the financial crisis, Wall Street watchdogs are still uncovering questionable actions rooted in that time. The latest revelation involves one of the more creative packagers of securities who contributed to a trail of billions in soured deals, as … Read more
Foreclosure act winds through state legislature (VIDEO)
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FLORIDA (UN)FAIR FORECLOSURE ACT HR 213 LIVE IN COMMITTEE THIS MORNING VIDEO HERE
Web coverage of the House Judiciary Committee Hearing, Wednesday February 22 The FL House Judiciary Committee will hold a hearing today beginning at 8AM scheduled to last four (4) hours. There are many items the committee will be addressing including HB213; we do not know where HB213 is on the schedule and even if we … Read more
