handcuffsWhy

James R. Ackley: Responding to Disaster, A Contemporary Approach to Foreclosure Defense

Responding to Disaster, A Contemporary Approach to Foreclosure Defense By James ‘Randy’ Ackley The consequences of a family losing their home, it goes without saying, are horrendous. Helping people who have lost their homes is one of the most rewarding, yet heartbreaking, vocations a person can experience. I have been privileged to have had the … Read more

chain of title

West LA Dems Club Featuring David Dayen on Chain of Title

West LA Dems Club Featuring David Dayen on Chain of Title West LA Dem Club’s monthly General Meeting featured national author David Dayen discussing his new book “Chain Of Title”, an investigative explanation of the fraud committed by banks millions of times as they foreclosed on American homeowners. ~ 4closureFraud.org Tweet

Wells Fargo Foreclosure

Bair: 3% Down Payment Mortgage Comes with Risk

Bair: 3% Down Payment Mortgage Comes with Risk Wells Fargo, the nation’s largest mortgage lender, is targeting first-time home buyers and low- to moderate-income buyers who have been sidelined in the housing recovery. The bank is underwriting the borrowers and Fannie Mae is originating and selling the loans. Borrowers may take out a mortgage up … Read more

FrauddieMac

Freddie Mac Announces Third Non Performing Loan Transaction of 2016 for $783 Million

“Through the first quarter of 2016, Freddie Mac has sold $4.3 billion in NPLs as part of its strategy to reduce the less liquid assets in its mortgage investment portfolio.” ~ Freddie Mac Announces Third Non Performing Loan Transaction of 2016 for $783 Million $783 Million Transaction Features Seven Pools, Including Two Extended Timeline Pools … Read more

FannieMayhem

Fannie Mae Announces Winners of its Latest Non-Performing Loan Sale – Goldman Sachs

Fannie Mae Announces Winners of its Latest Non-Performing Loan Sale – Goldman Sachs WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the winning bidders for its fifth non-performing loan sale. The sale included approximately 7,900 loans totaling $1.48 billion in unpaid principal balance, divided amongst four pools. The winning bidder for the transaction, expected to … Read more