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Tag Archives: Fraud
Its not Robo-Singning its lying !!!
Like everyone else, I’d been reading with amazement the stories about one of those legal problems: the robo-signing scandal that has ensnared all the banks with mortgage servicing subsidiaries, Bank of America included. That’s the scandal in which a tiny … Continue reading
Posted in 2923.5, 2923.6, 2924, Foreclosure, Lender Class action, mers, robo-sign
Tagged 2923.5, 2923.5 2923.6 2924 2932.5 Audit bankruptcy california California cram down Chapter 13 civil code 2923.5 civil code 2924 Countrywide Cram down Cramdown criminal acts eviction FCRA FDCPA Federal Jurisdi, Fraud, Predatory Lending, robo-sign, robo-signer, robosign, robosigner, stop foreclosure, wrongful foreclosure
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Bank Of America foreclosure fraud
The Devastating Report On Bank Of America That Everyone Is Talking About Posted by Foreclosure Fraud on October 17, 2010 · 3 Comments Full report below, but first some background… First from Business Insider… Here’s That Devastating Report On Bank Of … Continue reading
Posted in Foreclosure, pedatory lending
Tagged Foreclosure, Fraud, mortgage meltdown, Predatory Lending, stop foreclosure, wrongful foreclosure
3 Comments
The 8 Worst Bankruptcies in History
Throughout history, there have been a number of successful people who have built great fortunes. Many of these people were able to enjoy their riches, while leaving enough for future generations to enjoy. There have also been others who have … Continue reading
Is wall street stealing your home
“Just when you thought Wall Street couldn’t defraud the economy any further, it went ahead and did it. After pushing millions of borrowers into foreclosure with fraudulent loans, big banks are now being implicated in a massive new fraud scandal … Continue reading
Brown Asks for Halt to All GMAC/Ally Financial Evictions in California
By: David Dayen Saturday September 25, 2010 7:37 am Tweet8 Share4 When Ally Financial, formerly GMAC Mortgage, appeared to suspend foreclosure evictions in 23 states, they left out the ones where a judge is not required to sign off on … Continue reading
Countrywide settlement pays fraction to investors – Shell Game Continues
Countrywide settlement pays fraction to investors – Shell Game Continues Posted on August 16, 2010 by Neil Garfield EDITOR’S NOTE: The shell game continues. While the media picks up stories about “settlements” giving rise to the presumption that Countrywide Home … Continue reading
CLASS ACTION FILED AGAINST STERN, MERS
Posted on July 28, 2010 by Neil Garfield Entered on the Court docket of the Southern District of Florida, a class action for damages has been filed against MERS, the Stern Law Firm and David Stern individually.The lawsuit alleges racketeering … Continue reading
Posted in blogroll, mortgage meltdown
Tagged Fraud, litigation, mortgage meltdown, Predatory Lending, securitization
1 Comment
Gretchen “Gets It” but misses the mark
Posted on July 25, 2010 by Neil Garfield It’s no secret that I admire Gretchen Morgenson of the New York Times. Her articles have penetrated deeper and deeper into the realities and logistics of the Great Financial Meltdown. But she … Continue reading
Securitized Mortgage: A Basic Roadmap
The Parties and Their Roles The first issue in reviewing a structured residential mortgage transaction is to differentiate between a private-label deal and an “Agency” (or “GSE”) deal. An Agency (or GSE) deal is one involving Fannie Mae, Freddie Mac, … Continue reading
Chapter 11 