Vacant “Zombie” Foreclosures Nationwide Decrease 23 Percent From Year Ago But Increase in 16 States, 60 of 212 Metros

Zombies up More Than 20 Percent in New York City, Washington, D.C., Philadelphia; New York City, Miami, Tampa and Chicago Post Highest Zombie Foreclosure Totals; ~ Vacant “Zombie” Foreclosures Nationwide Decrease 23 Percent From Year Ago But Increase in 16 States, 60 of 212 Metros IRVINE, Calif. – October 30, 2014 — RealtyTrac® (www.realtytrac.com), the … Read more

Peter Schiff Warns “An Economy That Lives By QE, Dies By QE”

~ 4closureFraud.org Tweet

NY Says Ocwen Backdated Thousands of Foreclosure Letters, Company Shares Slide

“Ocwen also sent backdated letters to borrowers facing foreclosure that may have left them unable to avoid default, Benjamin Lawsky, the department’s superintendent, wrote in the letter to Ocwen general counsel Timothy Hayes.” ~ NY says Ocwen backdated foreclosure letters, company shares slide By Karen Freifeld and Peter Rudegeair Oct 21 (Reuters) – Ocwen Financial … Read more

FL 1st DCA: LACOMBE v DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee for LONG BEACH MORTGAGE LOAN TRUST

FL 1st DCA: LACOMBE v DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee for LONG BEACH MORTGAGE LOAN TRUST From the opinion… It is well-settled that: A plaintiff who is not the original lender may establish standing to foreclose a mortgage loan by submitting a note with a blank or special endorsement, an assignment of the … Read more

For Bank Of America, Crime Is Now An Ordinary Course Of Business

For Bank Of America, Crime Is Now An Ordinary Course Of Business In short: between Q4 2011 and Q3 2014 Bank of America produced “Net Income” of $15.9 billion. However, the amount of added back “one-time, non-recurring” legal expenses is a stunning $28.9 billion: two of every three dollars, non-GAAP as they may be, comes … Read more