Florida Cancer Victim Charged With Trying to Blow Up House Which Was in Foreclosure

Palm Springs cancer victim charged with trying to blow up house A 55-year-old Palm Springs man with cancer was arrested Friday and charged with trying to blow up his home, which was in foreclosure. Tony Garcia Sr. hobbled into court on Saturday morning using a walker and said little in response to questions by County … Read more

Here It Comes: Defaults Set to Spike as Interest-Only Loans Recast – Fitch

Increased Defaults as Interest-Only Loans Recast -Fitch The ghosts of originations past could still come back to haunt the housing industry according to a new report from Fitch Ratings.  The company says that half of those borrowers who have loans in performing residential mortgage backed securities (RMBS) are facing increases in their mortgage payments over … Read more

Happy Thanksgiving from Lona Hunt – Case Dismissed After Taking Depo of Fannie Mae/Seterus Robo-Verifier

 Happy Thanksgiving from Lona Hunt – Case Dismissed After Taking Depo of Fannie Mae/Seterus Robo-Verifier Cross-posted from The Law Offices of Evan M. Rosen The deposition of Lona Hunt took place on October 17, 2014, during which time Ms. Hunt was questioned about her knowledge of the truth and accuracy of the facts in the … Read more

“An Ongoing Criminal Enterprise”: Why America’s Housing Disaster is Back and Wreaking Terror

“An Ongoing Criminal Enterprise”: Why America’s Housing Disaster is Back and Wreaking Terror Remember the housing nightmare that busted the economy? The crooks are back and here’s what they’re secretly up to Salon – By David Dayen Servicers have run into another problem in Florida, ground zero for the foreclosure crisis. Because of a series … Read more

NY Times – Borrowers, Beware: The Robo-Signers Aren’t Finished Yet

Borrowers, Beware: The Robo-Signers Aren’t Finished Yet Remember the robo-signers, those mortgage loan automatons who authenticated thousands of foreclosure documents over the years without verifying the information they were swearing to? Well, they’re back, in a manner of speaking, at least in Florida. Their dubious documents are being used to hound former borrowers years after … Read more