Wells Fargo And DOJ Won’t Be Putting On Pilgrim Hats Any Time Soon

No Settlement In Mortgage Fraud Case   Patricia Hurtado, Bloomberg Lawyers for the U.S. and Wells Fargo & Co. (WFC) told a judge they doubt they can reach a settlement in a government … [Read more...]

Bozo De Blasio Hires Convicted Mortgage Scammer As NYC’s Ebola Cleanup Czar

Sal Pane's mugshot from 2009 after being pulled over for drunk driving and claiming to be on the staff of the Nassau County DA's office

Sal Pane Served Time In Prison And Was Ordered To Pay Millions In Restitution When New York City needed someone to disinfect the apartment of Ebola patient, Dr. Craig Spencer, they found someone … [Read more...]

NJ Homeowner Beats SLS &BNY-Mellon Gets House Free & Clear

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Oops! SLS Misses New Jersey's Six Year Statute of Limitations   "The debtor retains the property, free of any claim of the defendants...The court will proceed to gargle in an effort to remove … [Read more...]

Why Are We Still Accepting Excuses From Bankers After They Screw People?

RBS London

Channel 4 Presenter Paul Mason has had enough and asks that very question in front of the RBS Building in London. … [Read more...]

MSR deal between Wells Fargo and Ocwen is officially dead

Ben Lane, HousingWire The long-delayed $2.7 billion mortgage servicing rights deal between Ocwen Financial (OCN) and Wells Fargo (WFC) is now dead, the companies announced late Thursday. According … [Read more...]

BofA & Citi Selling Soured Loans To Hedge Funds

Bank of America, Citigroup Said to Sell Soured Home Loans   Heather Perlberg, Bloomberg Bank of America Corp. and Citigroup Inc. (C) are selling multiple pools of soured U.S. mortgages to … [Read more...]

Under Pressure From The NYDFS, Ocwen Ends Forced Place Insurance Policy

Kevin Dugan, NY Post Billionaire Bill Erbey is starting to bend. Bowing to months of regulatory pressure, Altisource Portfolio Solutions — part of a web of Erbey-controlled companies with ties to … [Read more...]

Mass Hunger Strike Underway In Fort Lauderdale

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700 People Join Julian Pim In Mass Hunger Strike To Protest The Ft. Lauderdale's Homeless Hate Law   By now, you might have heard about Arnold Abbott the 90-year-old World War II veteran … [Read more...]

Vito Corleone’s New York Mansion On The Market For $2.89 Million

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English Tudor Home On Staten Island Was Used In The Godfather The lucky person who ponies up the $2.89 million price tag for the sprawling mansion at 110 Longfellow Ave. on Emerson Hill in Staten … [Read more...]

Maryland Overtakes Florida for Nation’s Highest Foreclosure Rate

 Brian Honea, DS News A surge in foreclosure activity for Maryland in October pushed the state into the top spot among states with the highest foreclosure rate in the nation, according … [Read more...]