April 27, 2017

Essay | MERS is Dead: Long Live MERS

MERS is Dead: Long Live MERS Mortgage Electronic Registration Systems, Inc. (MERS) has generated … [Read more...]

Cramdown and the Cost of Mortgage Credit

Joshua Goodman at the Harvard Kennedy School and I have a new paper out examining the impact of … [Read more...]

Freddie-Fannie Push Bank Bad Debt Cost to $84 Billion: Mortgages

Freddie-Fannie Push Bank Bad Debt Cost to $84 Billion: Mortgages Fannie Mae and Freddie Mac have … [Read more...]

Zip Codes and Internet Searches Populate Database Mines

Twice now the New York Times has reported on a mysterious company in Arkansas, Acxiom, that has been … [Read more...]

FHFA Sends Notice to Federal Register on Use of Eminent Domain to Restructure Performing Loans

FHFA Sends Notice to Federal Register on Use of Eminent Domain to Restructure Performing Loans … [Read more...]

Wells Fargo Home Loans Head Still Thinks He Has Credibility on Housing Policy

Wells Fargo Home Loans Head Still Thinks He Has Credibility on Housing Policy Who better to tell us … [Read more...]

Wells Fargo Home Loans Head Still Thinks He Has Credibility on Housing Policy

Wells Fargo Home Loans Head Still Thinks He Has Credibility on Housing Policy Who better to tell us … [Read more...]

FHFA refuses to mark down principal on home loans

Perverse incentives and rebukes. This key news item got overlooked earlier this week, but it’s … [Read more...]

FHFA refuses to mark down principal on home loans

Perverse incentives and rebukes. This key news item got overlooked earlier this week, but it’s … [Read more...]

FHFA refuses to mark down principal on home loans

Perverse incentives and rebukes. This key news item got overlooked earlier this week, but it’s … [Read more...]

MATT WEIDNER | BREAKING NEWS! 75% PRINCIPAL REDUCTIONS ON HOME LOANS! STOP FORECLOSURE! ASK ME HOW!

BREAKING NEWS! 75% PRINCIPAL REDUCTIONS ON HOME LOANS! STOP FORECLOSURE! ASK ME HOW! (WARNING: THIS … [Read more...]

New York AG Eric Schneiderman Hires Prosecutor for Mortgage Probe

New York AG hires prosecutor for mortgage probe (Reuters) – New York Attorney General Eric … [Read more...]

Recovery is Near! /sarcam | CNN – More than 30% of Mortgage Borrowers Still Underwater

More than 30% of mortgage borrowers still underwater NEW YORK (CNNMoney) — Despite rising home … [Read more...]

Map | The U.S. Housing Crisis: Where are home loans underwater?

click for full interactive map The United States of Atlantis With U.S. home values off 35% from peak … [Read more...]

Utah Foreclosure News is Based on Garbage Stats

In Utah, foreclosures in March were up 74 percent over February.  In New Jersey, foreclosures in in … [Read more...]

Ability-to-Repay Rule for Mortgages Nears CFPB Approval

Ability-to-Repay Rule for Mortgages Nears CFPB Approval Richard Cordray wants lenders to adhere to … [Read more...]

Stop, Thief!!! West Palm Beach-Based Ocwen Loan Servicing Attempts Foreclosure on Paid off Home

Pasco couple stymied in trying to fix lender’s “mistake” ARIPEKA — Joe Manzo … [Read more...]

Deutsche Bank to Pay $32.5 Million to Settle Mortgage Suit – Massachusetts Bricklayers and Masons Trust Funds v. Deutsche Alt-A Securities

Deutsche Bank to Pay $32.5 Million to Settle Mortgage Suit Deutsche Bank AG (DBK), Germany’s biggest … [Read more...]

Report Criticizes Housing Regulator on Mortgage Servicing

Report Criticizes Housing Regulator on Mortgage Servicing A federal housing regulator hasn’t done e … [Read more...]

Bank of (sc)America Plays Symbolism

The Market Ticker – Bank Of (sc)America Plays Symbolism This is truly an amusing start to my … [Read more...]

Bias v. Wells Fargo, JPMorgan Chase, et al | Homebuyers Sue in RICO Class Action

SAN FRANCISCO (CN) – Wells Fargo Bank and J.P. Morgan Chase charge homebuyers who go into … [Read more...]

CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET

~ 4closureFraud.org TweetRelated posts: #AGOs TWEET | AG Coakley to hold press conference at … [Read more...]

THE PEOPLE OF THE STATE OF NEW YORK, by ERIC SCHNEIDERMAN vs JPMORGAN CHASE, CHASE HOME FINANCE, EMC MORTGAGE, BANK OF AMERICA, BAC HOME LOANS, WELLS FARGO, MERS and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS

A.G. SCHNEIDERMAN ANNOUNCES MAJOR LAWSUIT AGAINST NATION’S LARGEST BANKS FOR DECEPTIVE & F … [Read more...]

Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident

    ProPublica is reporting that Freddie Mac has been placing “multi-billion dollar bets d … [Read more...]

Blacks, Latinos, Deployed Military | Wall Street’s Victim List Grows with Increased Scrutiny, Outcry, Outrage, Exposure

Lending settlement can’t undo the damage This “settlement” is a farce. This week, … [Read more...]

Alliance | NY AG Schneiderman and FHFA Inspector General Linick Share Resources & Evidence

Alliance to bolster home loans probe By Shahien Nasiripour in New York The collaboration between New … [Read more...]

Action Alert | SOS For Danielle Sterling Endorsements & Signatures For American Home Mortgage Entities

SOS For Danielle Sterling Endorsements & Signatures For American Home Mortgage Entities Friends … [Read more...]

$116,785 Each | Department of Justice Announces Compensation for Servicemembers that were Illegally Foreclosed as Part of Settlement with Bank of America

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, November 10, 2011 … [Read more...]

Private Wall Street Companies Caused The Financial Crisis – Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The C … [Read more...]

United States of America v Allied Home Mortgage | Feds File Massive Fraud Case Against Allied Home Mortgage

Feds File Massive Fraud Case Against Allied Home Mortgage by Tracy Weber and Charles Ornstein … [Read more...]

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