MFI-Miami Calls On The FDIC To Fast Track Investigations Of Sterling National Bank

Taking-your-money

Bait & Switch Tactics and Liquidation Of Accounts Are The Everyday Practices Of This “Community” Bank  “I have been in the financial arena a long time and I have never witnessed a bank as … [Read more...]

Redefaults Continue to Plague HAMP

Kate Berry, National Mortgage News The Home Affordable Modification Program continues to disappoint. As of Dec. 31, one in three struggling homeowners who received a loan modification through … [Read more...]

MetLife Unit To Pay $123.5M Over Alleged Mortgage Violations

Snoopy met life

MetLife Home Loans LLC will pay $123.5 million to resolve alleged FHA mortgage lending violations  MetLife Home Loans LLC has agreed to pay the United States $123.5 million to resolve allegations … [Read more...]

Nationstar snaps up $9.8B MSR portfolio from Ocwen

Brena Swanson, Housing Wire Ocwen Loan Servicing (OCN) is selling the residential mortgage servicing rights on a $9.8 billion portfolio toNationstar Mortgage (NSM), potentially marking the beginning … [Read more...]

Who Will Claim $380 Million In Unspent Foreclosure-Abuse Money?

Alan Zibel, Wall Street Journal U.S. bank regulators are making another attempt to dole out about $380 million in unspent money that has been set aside to reimburse consumers for foreclosure-related … [Read more...]

Is Attorney John M. Schwarz Attempting To Flee New York W/ Client Cash?

John Schwarz is looking to live the good life in Florida on cash retainers from his clients

Schwarz Is Attempting To Use Cash Retainers From NY Clients To Set Up A New Practice In South Florida   It appears the end is near for infamous racist and gastropodic New York Attorney John … [Read more...]

Did “Dapper Dan” Gilbert & Quicken Loans Contribute To Detroit’s Blight?

Dan Gilbert

Survey of Detroit Mortgages Shows Boiler Room Operator Quicken Loans Contributed To Detroit's Blight It appears that former amateur sports bookie, owner of Quicken Loans, the NBA's Cleveland … [Read more...]

Osceola County Foreclosure Reviews Could Lead To Criminal Charges

David J. Stern-thumb-250x410-2889

Will It Be A Crackdown Or Brushed Under the Rug?   At the beginning of the year, Osceola County Clerk of the Courts in suburban Orlando began reviewing mortgage and foreclosure filings … [Read more...]

Banks To Pay $123 Million for Unlawful Foreclosures Against Servicemembers

Statue of Liberty face palm

While Our Men & Women Were Defending Our Freedom, Banks Were Stealing Their Homes   The Justice Department announced today that under its settlements with five of the nation’s largest … [Read more...]

Jeb Bush Fundraising Event Collides With People Facing Tax Foreclosure

ICYMI-Nancy Kaffer at the Detroit Free Press wrote an awesome column in Friday's edition about how former Florida Governor and potential GOP Presidential candidate Jeb Bush held a fundraiser in … [Read more...]