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

From Mayberry to Martial Law: The Transfer of Military Surplus to Domestic Police

From Mayberry to Martial Law: The Transfer of Military Surplus to Domestic Police “The means of defense against foreign danger, have been always the instruments of tyranny at home.” – James Madison, the Federalist Papers As Americans, we’ve always been leery of using the military to police our citizens. But some critics say that the “militarization of … Read more

John Stewart: Lawsuits of the Rich and Shameless – Former AIG Chairman and CEO Hank Greenberg Sues the U.S. Government

Lawsuits of the Rich and Shameless Former AIG Chairman and CEO Hank Greenberg sues the U.S. government, claiming that the terms of the company’s $184 billion bailout were insufficient and unfair. (9:58) ~ 4closureFraud.org Tweet