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- For those who are defending the "lenders" who have been engaging in illegal conveyences and assignments. It is amazing that today in America it is more shameful to be behind on your bills than it is to perpetrate fraud, deception & othe criminal activ on Fight Your Mortgage Servicer With This Knock Out Punch
- Denice Thomas on Hardship Letter
- BA on $100 Million Lawsuit Filed Against Bank Of America
- Ocwen foreclosed on our after taking two payments after stringing us along for three years. Calling India is impossible. I do not believe thery are helping Americans.. Who can I turn to? on President Obama’s Foreclosure Prevention Plan Explained
- Karl on Principle Reductions: Wipe Out Your 2nd Mortgage With Bankruptcy
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- Bill Jenkins on Chris Fox & Curt Melone: Ex-Associates and Family Speak Out
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Free Loan Modification Help
- Will being an Accommodation Buyer for another mortgage affect my Refinance?Forum: Ask the Attorneys? Posted By: teejay Post Time: 02-09-2012 at 10:16 AM […]
- Chase sent HAMP Mod Docs but already have Chase CHAMP Permanent Mod?Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: tadias13 Post Time: 02-09-2012 at 10:03 AM […]
- Newbie Help with Timelines for settlement of credit card debt??????Forum: Debt Settlement Posted By: saintjoseph Post Time: 02-09-2012 at 10:03 AM […]
- 1099 c but no foreclosureForum: Foreclosures Posted By: Nvrgvup Post Time: 02-09-2012 at 09:09 AM […]
- Bankrupty after HAMP ModificationForum: Mortgage Bankruptcy Posted By: jfmiller Post Time: 02-09-2012 at 09:06 AM […]
- Note of Intent to Foreclose Certified via USPS, "Trial" Payment Approval via FEDEX same DAY..HELP?!Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: Upside Post Time: 02-09-2012 at 08:58 AM […]
- Modification gone wrongForum: Countrywide Home Loans - Tell Us Your Countrywide Story Posted By: manongagnon Post Time: 02-09-2012 at 08:46 AM […]
- AG's are announcing settlement with the banks todayForum: UNITE & FIGHT - Share Your Ideas on How Homeowners Can Fight Back Against Fraud Posted By: estela13 Post Time: 02-09-2012 at 07:52 AM […]
- 3rd Lien Holder Holding Up Sale -- Now Wants to Purchase Home!!!Forum: Short Sale Outpost Posted By: bburkemper Post Time: 02-09-2012 at 06:59 AM […]
- Which financial situation works in favor of mod vs. FC from the bank's POV?Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: inthetrenches Post Time: 02-09-2012 at 06:45 AM […]
Mortgage Industry
Mortgage Fraud: An Industry That Won’t Quit
NEW YORK (Source: MarketWatch) — Through all the ups and downs of the U.S. economy, at least one industry continues to thrive.
Mortgage ‘Robo-Signing’ Still Goes On
(Source: Daily Herald) – Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt [...]
Lawmakers Call For Hearings On Robo-Signing
NEW YORK (Source: MICHELLE CONLIN, AP Business Writers, PALLAVI GOGOI, AP Business Writers) — Lawmakers and enforcement agencies called for hearings and further investigation Tuesday after learning that the illegal practice known as robo-signing has continued in the mortgage industry.
Mortgage ‘Robo-Signing’ Goes On
(Source: AP Associated press By MICHELLE CONLIN) – Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led [...]
Time for Action on Freddie and Fannie
(Source: New York Times By AGNES T. CRANE, GEORGE HAY and PETER THAL LARSE) – A year after passage of the Dodd-Frank act, the $10.5 trillion American mortgage market remains in limbo. One big reason is that the law scarcely [...]
Mortgage Industry ‘Didn’t Think Borrowers Were Worth Helping’
(Source: Pro Publica by Lois Beckett) – Outgoing Federal Deposit Insurance Corporation Chairwoman Sheila C. Bair’s revealing exit interview by the New York Times’ Joe Nocera has generated plenty of buzz. But while the interview provided a comprehensive look at [...]
AP Exclusive: Mortgage ‘Robo-Signing’ Goes On
(Source: Michelle Conlin and Pallavi Gogoi, AP Business Writers) – Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices [...]
Mortgage Executive Receives 30-Year Sentence
(Source: Dealb%%k By BEN PROTESS) – A federal judge on Thursday sentenced Lee B. Farkas, a former mortgage industry executive accused of masterminding one of the largest bank fraud schemes in history, to 30 years in prison.
Goldman Sells Mortgage Servicing Unit to Ocwen
(Source: New York Times By MICHAEL J. DE LA MERCED) – Goldman Sachs has agreed to sell its Litton Loan Servicing unit to the Ocwen Financial Corporation for about $263.7 million, ending its ties to an industry steeped in controversy.
Judge Blocks Oregon Foreclosure, Sharply Criticizes Mortgage Industry’s Practices and MERS
(Source: By Brent Hunsberger, The Oregonian The Oregonian) – The foreclosure fight in Oregon jumped to a new level this week after a federal judge in Medford rebuked the industry’s sloppy practices in blocking the seizure of a Jacksonville home, [...]
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