April 29, 2017

CFPB | Putting the ‘service’ back in ‘mortgage servicing’

Putting the ‘Service’ back in ‘Mortgage Servicing’ By David Silberman Today, we’re proposing new mort … [Read more...]

Foreclosure Settlement Fails To Force Mortgage Companies To Improve

“We’re not seeing any changes in servicer behavior. We’re still seeing huge … [Read more...]

U.S. Banks Haunted by Mortgage Demons That Won’t Go Away

U.S. banks haunted by mortgage demons that won’t go away * Banks say Freddie Mac and Fannie … [Read more...]

Michael Olenick | How Servicers Lie to Mortgage Investors About Losses

Michael Olenick: How Servicers Lie to Mortgage Investors About Losses By Michael Olenick, creator of … [Read more...]

Attention! Attention! | Fannie Mae Now Requires Servicers to Protect the Priority of Mortgage Liens by Clearing ALL Liens for Delinquent Homeowners’ Association Dues

Servicing Guide Announcement SVC-2012-05 Payment of Homeowners’ Association Dues and Condo A … [Read more...]

Fraudclosure Settlement? Not So Fast… Bondholders Threatening Legal Action

Mortgage Settlement? Not So Fast! Mortgage bondholders are threatening legal action over the $25 … [Read more...]

David Dayen | Foreclosure Fraud Settlement Docs (II): Giving Homes to Charity as a Penalty

Foreclosure Fraud Settlement Docs (II): Giving Homes to Charity as a Penalty Here’s the second i … [Read more...]

David Dayen | Foreclosure Fraud Settlement Docs (III): “Internal Review Group”

Foreclosure Fraud Settlement Docs (III): “Internal Review Group” Let’s take a look at the enfor … [Read more...]

David Dayen | Foreclosure Fraud Settlement Docs (IV): Association of Mortgage Investors Planning to Challenge in Court

Foreclosure Fraud Settlement Docs (IV): Association of Mortgage Investors Planning to Challenge in … [Read more...]

The Association of Mortgage Investors Laments the AG Foreclosure Settlement Filing; It Fails to Adequately Protect Homeowners; Will Likely Negatively Affect Average Americans, Unions, and Seniors

The Association of Mortgage Investors Laments the AG Foreclosure Settlement Filing; It Fails to … [Read more...]

Senator Bob Corker, R-Tenn | Principal Reductions or Cash Payments to Homeowners Who did not Pay their Mortgage is un-American, and it is Wrong

Corker to Donovan: How Will $26 Billion Foreclosure Settlement Cost Americans Saving for Retirement? … [Read more...]

American Association of Mortgage Investors (AMI) Takes Position against Mortgage Servicing Settlement

AMI Takes Position against Mortgage Servicing Settlement In a strongly worded statement on behalf of … [Read more...]

Naked Capitalism | Yes, Virginia, Servicers Lie to Investors Too: $175 Billion in Loan Losses Not Allocated to Mortgage Backed Securities (and Another $300 Billion on the Way)

Yes, Virginia, Servicers Lie to Investors Too: $175 Billion in Loan Losses Not Allocated to Mortgage … [Read more...]

PONZI | MORTGAGE-BACKED TRUSTS – RUNNING ON EMPTY?

MORTGAGE-BACKED TRUSTS – RUNNING ON EMPTY? By Lisa Epstein and Lynn E. Szymoniak, Esq. December 6, 2 … [Read more...]

PONZI | MORTGAGE-BACKED TRUSTS – RUNNING ON EMPTY?

MORTGAGE-BACKED TRUSTS – RUNNING ON EMPTY? By Lisa Epstein and Lynn E. Szymoniak, Esq. December 6, 2 … [Read more...]

Outrageous | Good Deeds Punished: State-Run Mortgage Lender Forecloses on Californians Current on Their Loans

Now this makes sense… /sarcasm ~ Good Deeds Punished: State-Run Mortgage Lender Forecloses on … [Read more...]

California, AG Harris, Reportedly Subpoenas BofA Over Toxic Securities

California reportedly subpoenas BofA over toxic securities Investigators with the state attorney … [Read more...]

Presentation | Robosigners and Other Servicing Failures: Protecting the Rights of RMBS Investors

Interesting presentation with slides and video can be viewed here… ~ 4closureFraud.org Tweet … [Read more...]

$1 Trillion in Sour Notes | Banks being Squeezed by Mortgage Investors

$1T in sour notes Banks being squeezed by mortgage investors It’s the flip side of foreclosure f … [Read more...]

Banks May Fight Banks as Mortgage Investors Pursue Class Status

Banks May Fight Banks as Mortgage Investors Pursue Class Status Bank of America Corp. (BAC), … [Read more...]

THE RIGHT TO CHOOSE YOUR LENDER

EDITOR’S COMMENT: Here is an interesting comment from Scott Baker — someone who … [Read more...]

Mortgage Investors Turn to State Courts for Relief

Investors are starting to wake up. First, they are filing suit in any court of competent … [Read more...]

REO supply will “challenge” housing markets

By James R. Hagerty Barclays Capital The numbers through March 2010 are estimates, the rest are … [Read more...]

Reg Z TILA Amendment requires new owners and assignees of mortgage loans to notify consumers of the sale or transfer

The Federal Reserve Board has issued an interim final rule under Regulation Z to implement the … [Read more...]

Bank of America loses in Federal Ruling – Judge says investors own the loans

The report of the ruling below by this Federal Judge has several implications: Mortgage … [Read more...]

Fannie, Freddie and Ginnie Issuance Climbs in June

"Government-sponsored mortgage investors Fannie Mae (FNM: 0.5755 -0.78%) and Freddie Mac (FRE: … [Read more...]

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