NY Family’s Foreclosure Fight Over Unpaid Garbage Fees Brings Changes

City Of Buffalo Foreclosed Over a $442 Unpaid Garbage Fee … [Read more...]

Mortgage Crisis pickets Hits Wells Fargo In Midtown Manhattan

Catherine Curan, NY Post Manhattan’s residential real-estate scene is roaring back — but don’t look across the river. The shadow of the foreclosure crisis is fading fast in tony enclaves like … [Read more...]

Wells Fargo Has To Produce Fraudclosure Manual To Federal Judge

Catherine Curan, NY Post Wells Fargo is in a federal judge’s hot seat. America’s largest mortgage servicer just lost the battle to keep its controversial Wells Fargo Home Mortgage Foreclosure … [Read more...]

Americans Suffer From Memory Loss

Americans Have Already Forgotten One Of The Biggest Lessons Of The Financial Crisis JOE WEISENTHAL, Business Insider This week, Gallup released the latest edition of an annual survey asking … [Read more...]

Hey New Yorkers, Want The Detroit Experience Without The Danger Or The Cost?

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Now You Don't Have To Drive 600 Miles Or Carry A Gun To See Ruin Porn North Brother Island is a 20-acre wilderness of trees and vines and abandoned, crumbling buildings in the New York Harbor … [Read more...]

OCWEN CEO Says NY State’s Blocking Of Wells Fargo/OCWEN MSR Deal Freezes All MSR Deals

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Trey Garrison, Housing Wire During the conference call for Home Loan Servicing Solutions (HLSS) first-quarter earnings, HLSS Chairman William Erbey said the New York Department of Financial … [Read more...]

Key MERS Lawyers Flee As Regulators Move In

Jesse Hamilton, Bloomberg As the rest of the housing industry recovers, a little-known firm with a key role in U.S. mortgage finance remains stuck in limbo, wrestling with regulators, lawsuits and … [Read more...]

Ginnie Mae Halts BofA Servicing Transfer Deal

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Kate Berry, National Mortgage News Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America (BAC) to a nonbank servicer because the bank is missing documents such as … [Read more...]

NY Appellate Court Rules In Favor Of MFI-Miami Client

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Proof Any Attorney Can Win A Foreclosure Case With MFI-Miami's Help   Foreclosure fraud victims and MFI-Miami clients, Traci and Germaine Gales, won't be forced out of their home any time in … [Read more...]

Faulty MBS Lawsuit Against Wells Fargo Can Proceed

Brenna Swanson, Housing Wire A lawsuit over an alleged $1.5 billion subprime mortgage-backed securities fraud scheme against Wells Fargo (WFC) and Fortis Securities cleared a significant hurdle … [Read more...]