America’s Top Prosecutors Used to Go After Top Executives. What Changed?

“With its broad historical scope, Eisinger’s book lacks the juicy, infuriating details of “Chain of Title,” David Dayen’s chronicle of foreclosure fraud — another instance of white-collar crime that went largely unpunished… But for someone familiar with the political landscape of the contemporary United States, Eisinger’s account has the ring of truth.” ~ THE CHICKENSHIT … Read more

Audible $2.95! Deal of The D-Day: Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud

$2.95 Audible Deal of The Day: Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud For those of you who have not had the extra funds, or time to read Chain of Title, it is today’s Audible Deal of the Day for only $2.95! Get yours TODAY! Coincidentally, D-Day, The 73rd … Read more

The Irony: Ocwen Sues Fidelity Information Services Over ‘Fraudulent, Abusive Billing Scheme’

The Irony: Ocwen Sues Fidelity Information Services Over ‘Fraudulent, Abusive Billing Scheme’ Ocwen Financial Corp. has filed a lawsuit in California Superior Court alleging that Fidelity Information Services LLC (FIS) inflated its monthly rate and charged Ocwen for a variety of expenses while serving as its monitor for a 2015 mortgage servicing settlement case. According … Read more

Document Forgery in Financial Industry More Common Than You’d Think

“Forgery is supposed to be a criminal offence,” says Stan Buell, of the Small Investor Protection Association. “But you could count on the fingers of one hand the people who have been charged criminally or sent to jail. It doesn’t happen.” ~ Document Forgery in Financial Industry More Common Than You’d Think, Past Employees Say Employees in … Read more

MERS Assignment Fail: Mortgage Electronic Registration Sidesteps, Inc.

MERS Assignment Fail: Mortgage Electronic Registration Sidesteps, Inc. Over the years we have seen various Assignment Fails such as BOGUS and BAD BENE. Some even had effective dates as 09/09/9999, while others had forged signatures or were put together by someone with very poor Photoshop skills. Today, we present a new variation of a MERS … Read more

SEC Probes Rental Home Values in Private-Equity Bond Deals

SEC Probes Rental Home Values in Private-Equity Bond Deals U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street’s biggest residential landlords used overvalued property assessments. Radian Group Inc.’s Green River Capital unit is among companies that received a request for information from the Securities and Exchange Commission … Read more