$714,000 Spent by Mortgage Bankers Association Lobbying on Lending, Housing Bills in 1st Quarter

These poor fellas couldn’t pay their mortgage but can spend their money frivolously on their “friends”… The Irony. After shelling out nearly $80 million for a downtown Washington office building in 2007, right around the peak of the commercial real estate price bubble, the Mortgage Bankers Association sold its 10-story Washington headquarters for $41 million … Read more

How the Homeowners Took Down the Entire Financial System – Anatomy of Risk Management Practices in the Mortgage Industry: Lessons for the Future – May 2010

Anatomy of Risk Management Practices in the Mortgage Industry: Lessons for the Future Clifford V. Rossi Robert H. Smith School of Business University of Maryland May 2010 Executive Summary Not since the Great Depression has there been a contraction in the U.S. housing market of such scale. With much attention given already to complex mortgage … Read more

Mortgage Bankers Association Mockery – INCOMING!!!! Mortgage Servicing Under Fire

Here is an interesting find… Now they are mocking Congress, Federal Regulators, State Attorneys General, and other Enforcement Officials… From the presentation… Check out the full presentation below… 4closureFraud INCOMING!!!! Mortgage Servicing Under Fire

DISTURBING BEHAVIOR in FLORIDA: The $67K Water Lien! Revoked Homestead!

This one is from Stop Foreclosure Fraud Individual does not want to disclose their name. I have authenticated this to be true. I have spoke to others and this has happened to them …but without ANY violations. Could this be the way that the MBA might get around to allow banks to foreclose on “Non-Homestead” … Read more