We have been expecting you – The Fox is Inventorying the Hen House and is Taking Volunteers

“Think about this,  when you fill out the forms for the modification program you give up all,  and I do mean all of your personal financial information.  The servicers,  not investors or even the investors representatives know all about you.  They know how much you are making,   they know how much is in your retirement … Read more

Making Home Affordable Program Servicer Performance Report Through March 2010

Funny how Washington reports “HAMP represent a cumulative savings of more than $3 billion” when the NY Times reports “Defaults Rise in Loan Modification Program” WASHINGTON – The U.S. Department of the Treasury and the Department of Housing and Urban Development today released March data for the Administration’s Home Affordable Modification Program (HAMP). As of … Read more

Shame the Banks – Tell YOUR Story at ShameTheBanks.org

4closureFraud teams up with Shame the Banks. Go tell YOUR story and encourage others to do so as well. Together we can do more… This is a call to action. We are asking YOU to tell everyone you know – through e-mail, on facebook, twitter or other social media feeds, or through writing or calling … Read more

OCC and OTS Mortgage Metrics Report

SOURCE: OCC Disclosure of National Bank and Federal Thrift Mortgage Loan Data Executive Summary This OCC and OTS Mortgage Metrics Report for the fourth quarter of 2009 provides performance data on first-lien residential mortgages serviced by national banks and federally regulated thrifts. The report covers all types of first-lien mortgages serviced by most of the … Read more

HAMP – Treasury Department’s Mortgage Modification Programs – A Failure Prolonging the Economic Crisis

U.S. House of Representatives Committee on Oversight and Government Reform Treasury Department’s Mortgage Modification Programs: A Failure Prolonging the Economic Crisis Minority Staff Report U.S. House of Representatives 111th Congress Committee on Oversight and Government Reform INTRODUCTION This report by the Committee on Oversight and Government Reform Republican Staff  tracks the history of the Obama … Read more

Bank of America at it Again – Foreclosed on Over 40 Cents?

By WINK News Story Created: Feb 11, 2010 at 4:33 PM EST Story Updated: Feb 11, 2010 at 6:33 PM EST LEE COUNTY, Fla- In the middle of the multi-billion dollar foreclosure crisis, there’s a southwest Florida family that could lose their house over a 40 cent mistake. According to the homeowner, that mistake was … Read more