Body

Few clues after body found inside foreclosed home

NBC-2.com WBBH News for Fort Myers, Cape Coral Few clues after body found inside foreclosed home CAPE CORAL, FL – For the first time we are getting a closer look at a case Cape Coral Police say has been full of twists and turns. “This is a very unique case,” said Major Crimes Unit Sergeant … Read more

bouncingCHECKrevLinda

Agencies Announce Reissuance of (Bounced?) Rust Consulting Checks Related to the Independent Foreclosure Review

Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency February 18, 2015 Agencies Announce Reissuance of Checks Related to the Independent Foreclosure Review Replacement checks are being mailed this week to borrowers eligible for payment under the Independent Foreclosure Review Payment Agreements and who have not yet cashed or … Read more

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Hedge Funds Exit Housing Securities as Prices Rise

Hedge Funds Exit Housing Securities as Prices Rise (Bloomberg) — Hedge funds that profited on residential mortgage debt after the financial crisis such as Pine River Capital Management and Canyon Partners are trimming their bets as prices rise. Gorelick Brothers Capital is also exiting investments in both uninsured and government-backed home loan securities. The firm … Read more

Government

Regulatory Reform Subcommittee Holds Hearing on the Justice Department’s Controversial Mortgage-Lending Settlements

Regulatory Reform Subcommittee Holds Hearing on the Justice Department’s Controversial Mortgage-Lending Settlements CONTACT: Kathryn Rexrode or Jessica Collins, (202) 225-3951 Washington, D.C. – On Thursday, February 12th at 10:30 a.m., the Regulatory Reform, Commercial and Antitrust Law Subcommittee will hold an oversight hearing entitled “Consumers Shortchanged? Oversight of the Justice Department’s Mortgage Lending Settlements.” The hearing will examine startling … Read more

American Soil

Service Members to Receive Over $123 Million for Unlawful Foreclosures Under the Servicemembers Civil Relief Act

Service Members to Receive Over $123 Million for Unlawful Foreclosures Under the Servicemembers Civil Relief Act FOR IMMEDIATE RELEASE Monday, February 9, 2015 Service Members to Receive Over $123 Million for Unlawful Foreclosures Under the Servicemembers Civil Relief Act The Justice Department announced today that under its settlements with five of the nation’s largest mortgage … Read more