In a Sign of Foreclosure Flaws, Suits Claim Break-Ins by Banks By ANDREW MARTIN Published: December 21, 2010 TRUCKEE, Calif. — When Mimi Ash arrived …
Mortgage Fraud Ally Financial/GMACBank of AmericaCitibankJP Morgan ChaseOneWest BankWells Fargo Bank Action Date: December 20, 2010 Location: Mercer County, NJ New Jersey State Supreme Court …
Watching A House of Cards, Part 1 Nye Lavalle is best known for his sports predictions. With his family, he founded Sports Marketing Group and …
Re: National Standards for Loan Servicing Dear Colleagues: We the undersigned write to you regarding the urgent need to develop national standards for originating, selling …
“Wells Fargo is also required to pay $32 million in restitution to more than 12,000 pick-a-pay borrowers in California who lost their homes through foreclosure, …
Fake Net Neutrality Proposal to Get Rubber-Stamped Today By: David Dayen I mentioned yesterday that the FCC hearing on net neutrality would be streamed live …
KABOOM! This is coming in from multiple fronts… Chink in the Armor The State Supreme Court of NJ has ordered a halt to all foreclosure …
Fannie Increases Restrictions on Lender Processing Services, Other Technology Middlemen; LPS Document Shows Degree of Influence Over Law Firms Naked Capitalism… We’ve discussed Lender Processing …
Why New York Foreclosures Are Grinding to a Halt By ABIGAIL FIELD Some excerpts from the report… On Oct. 20, New York State Chief Judge …
Bank of America’s tax letter misses its mark Bank said payments for 1,100 homes were late — before due date A letter sent to hundreds …
“Retired senior judges have little accountability because they do not face re-election like the rest of the judiciary. This is one of the reasons that …
Lenders, Servicers Scramble to Shift Foreclosure Cases to New Firms The head of one coverage attorney service has been swamped with requests but says there’s …
Opening the Bag of Mortgage Tricks By GRETCHEN MORGENSON Published: December 18, 2010 ALL the revelations this year about dubious practices in the mortgage servicing …
Lawmakers Reject Legal Aid Money for Troubled Borrowers U.S. House Republicans on Friday blocked a last-minute effort to allow foreclosure-prevention funds to be directed to …
Fannie and Freddie’s Regulator Opposes Reducing Mortgages for Struggling Homeowners by Karen Weise ProPublica The Obama administration has been pushing for banks and investors to …
Mortgage Fraud Summit Reveals Both Systemic Fraud and FBI’s Seeming Blind Eye Some excerpts from the report… To combat mortgage and foreclosure fraud, we first …
