Still No Justice for Mortgage Abuses It has been six months since the big banks settled with state … [Read more...]
GAO REPORT | MORTGAGE FORECLOSURES – Regulatory Oversight of Compliance with Servicemembers Civil Relief Act Sucks
July 17, 2012 by Leave a Comment
MORTGAGE FORECLOSURES – Regulatory Oversight of Compliance with Servicemembers Civil Relief … [Read more...]
OCC | Regulators Issue Joint Guidance to Address Mortgage Servicer Practices that Affect Servicemembers
June 21, 2012 by Leave a Comment
Regulators Issue Joint Guidance to Address Mortgage Servicer Practices that Affect Servicemembers … [Read more...]
Nationstar to Acquire $10.4B in Mortgage Servicing Rights from Bank of America
June 5, 2012 by Leave a Comment
Nationstar to Acquire $10.4B in Mortgage Servicing Rights from BofA Nationstar Mortgage Holdings … [Read more...]
Attention Homeowners & Lawyers: AG Mortgage Settlement Launches Online Complaint Sites
May 11, 2012 by Leave a Comment
Finally, there are places online where homeowners, lawyers and other advocates can go to lodge … [Read more...]
Attention Homeowners & Lawyers: AG Mortgage Settlement Launches Online Complaint Sites
May 11, 2012 by Leave a Comment
Finally, there are places online where homeowners, lawyers and other advocates can go to lodge … [Read more...]
No Mortgage Deal but Banks get Free Pass
March 5, 2012 by Leave a Comment
The national mortgage settlement among federal and state regulators and major banks, announced with … [Read more...]
Independent Foreclosure Review Fail | NY Times – Foreclosure Relief? Don’t Hold Your Breath
December 28, 2011 by Leave a Comment
Foreclosure Relief? Don’t Hold Your Breath BUT Michael Olenick, a specialist in mortgage research, … [Read more...]
Cummings Calls for Unredacted Copies of “Engagement Letters” Between Mortgage Servicing Companies and Private Consultants
November 23, 2011 by Leave a Comment
Cummings Calls for Unredacted Copies of “Engagement Letters” Between Mortgage Servicing … [Read more...]
Whoa! | Morgan Stanley, Saxon and American Home Mortgage Servicing Agree to End Robo-Signing
November 15, 2011 by Leave a Comment
Superintendent Lawsky Announces Agreements With Morgan Stanley, Saxon, AHMSI & Vericrest On … [Read more...]
Assembly Bill No. 284 | Potential Felony Charges Make Servicers (aka Illegal Debt Collectors) Pause Nevada Fraudclosures
October 24, 2011 by Leave a Comment
Potential felony charges make servicers pause Nevada foreclosures Many mortgage servicers stopped … [Read more...]
Jeffrey Stephan | GMAC Takes Steps to Fix Its Problems in Mortgages
September 20, 2011 by Leave a Comment
A review of roughly 25,000 loan files has “not found one instance where a borrower was … [Read more...]
BofA, JPMorgan Fail to Make Fannie Mae Grade for Loan Servicing
September 16, 2011 by Leave a Comment
BofA, JPMorgan Fail to Make Fannie Mae Grade for Loan Servicing Bank of America Corp. (BAC), the … [Read more...]
American Banker | ‘Procedures Matter’ in Foreclosure; Do Outcomes Matter More?
September 8, 2011 by Leave a Comment
‘Procedures Matter’ in Foreclosure; Do Outcomes Matter More? Is it “just” a … [Read more...]
Over There… Over There… Send The Word, We’ll Foreclose, While You’re There
May 16, 2011 by Leave a Comment
Wells Fargo Bank, with their all-American stagecoach logo, has just been accused of violating the … [Read more...]
GAO Study Published May 5th Discovers Illegal Foreclosures
May 8, 2011 by Leave a Comment
On May 5, 2011, the Government Accountability Office (“GAO”) released its study of … [Read more...]
The Psychology and Politics of Foreclosure
March 7, 2011 by Leave a Comment
This article originally ran in December 0f 2009, but I’m reposting it because maybe it will be … [Read more...]
Federal Regulators to Bring Enforcement Actions Against Banks… May Get Rid of Hot Towels in Washroom
February 17, 2011 by Leave a Comment
After lawyers deposing bank personnel uncovered “robo-signers” fraudulently signing … [Read more...]
California Appeals Court Rules Homeowners Can Sue Banks for Fraud Over Broken Loan Modification Promises
January 29, 2011 by Leave a Comment
Well, first let me just say… it’s about damn time. The Second District Court of Appeals in Los … [Read more...]
Wanna Know Why Your Loan Mod Was Denied? Call the Bank…They’ll Tell You.
December 20, 2010 by Leave a Comment
You’re a real dope if you wasted all your time submitting loan modification paperwork to your … [Read more...]
The REST Report Matters at REST Report Matters
November 4, 2010 by Leave a Comment
By now, I would think, most of my readers know that when homeowners ask me questions about today’s … [Read more...]
Max Gardner’s Top Reasons for Wanting a Pooling Servicing Agreement
August 23, 2010 by Leave a Comment
EDITOR’S NOTE: Lest people think I invented this whole field of law just because I’m … [Read more...]
Mandelman’s Uncommon Advice for Getting Through the Loan Modification Process Without Losing It
June 17, 2010 by Leave a Comment
How to hold up under the stress and strain of getting a loan modification… Every single day … [Read more...]
Mortgage Hardship: Solutions to Avoid Foreclosure
August 4, 2009 by Leave a Comment
Here's a link to my similar article at EZinesArticles.com: … [Read more...]
White Paper | Credit Ratings Across Asset Classes: A=A? – Credit-rating companies routinely award higher rankings to debt issued by banks and corporations that pay them the most
Abstract Contrary to assertions by the Big 3 credit raters, we demonstrate that credit ratings are … [Read more...]