JPMORGAN CHASE DEPOSITION: VOIDING ENDORSEMENTS, CREATING ALLONGES AND ENDORSEMENTS, THE “SWIRL”

JPMORGAN CHASE DEPOSITION: VOIDING ENDORSEMENTS, CREATING ALLONGES AND ENDORSEMENTS, THE “SWIRL” Cross posted from Liberty Road Media Let’s jump in the wayback machine regarding some of the big banks and their robosigning/alteration/forgery/paper terrorism/document-manufacturing for a second before we get into the deposition testimony from a “senior operation specialist” with JPMorgan Chase promised in the headline. … Read more

Yawn… Ocwen to Pay $2.5 Million to Settle California Dispute

Ocwen to Pay $2.5 Million to Settle California Dispute Ocwen Financial Corp. is paying a $2.5 million penalty and submitting to a review by an independent auditor to avoid losing its license to make and service mortgages in California. The settlement announced late Friday by California’s Department of Business Oversight stems from Ocwen’s refusal to … Read more

Exclusive: Big mortgage investors take first step toward suing Ocwen

Exclusive: Big mortgage investors take first step toward suing Ocwen (Reuters) – Major mortgage bond investors including BlackRock (BLK.N), MetLife (MET.N) and Pimco (ALVG.DE) on Friday took a first step toward suing Ocwen Financial Corp (OCN.N), accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person … Read more

California Seeks to Suspend Ocwen’s Mortgage License, Stock Tanks

California Seeks to Suspend Ocwen’s Mortgage License, Stock Tanks (Reuters) – California is seeking to suspend Ocwen Financial Corp’s license to operate in the state, saying the mortgage collection company failed to submit papers showing that it complies with laws, state regulators said. California’s Department of Business Oversight (DBO), which licenses non-bank mortgage lenders and … Read more

Manufactured Foreclosure: The Law Offices of Evan M. Rosen Wins Trial for Client Who Never Missed a Payment

Manufactured Foreclosure: The Law Offices of Evan M. Rosen Wins Trial for Client Who Never Missed a Payment! Despite this being a case we would have won on the merits, it ended up being another, come-from-behind win, based on evidentiary issues.  Despite the Judge initially overruling my numerous objections to evidence coming in through testimony … Read more