Wells Fargo Forecloses On Elderly Couple Who Sold Their Home 21 Years Ago

frightened old lady

Wells Fargo Continues Its Campaign Of Fear On The Elderly   In another example of how disorganized American banking has become, Wells Fargo shocked elderly couple Sheridon and Susan Turner when … [Read more...]

Lawsky & NYDFS Preparing To Battle Deutsche Bank Over Libor Rigging

Benjamin Lawsky

Thousands Of New Yorkers Have Lost Their Homes Because Of Libor Manipulation The Superintendent of the New York State Department of Financial Services, Benjamin Lawsky has joined other U.S. banking … [Read more...]

As Ocwen Downsizes, It Faces Delisting On NYSE

Ocwen Financial is sinking faster than the Titanic

After Unloading nearly $64.4 Billion In Servicing Rights In The Past 45 Days, Ocwen Still Faces Problems Last week on the heals of Ocwen's announcement that it was selling $45 Billion in mortgage … [Read more...]

Lawsuit Shows How Clueless Bank of America Management Really Is

confused executive

BofA Attempts To Foreclose On A House That They Approved For Short Sale   In a bizarre case out of Florida's 3rd District Court of Appeals, Bank of America attempted to foreclose on a house … [Read more...]

Did A Foreclosure Referee Get Transferred Because Of Whining Bankers?

corrupt-judges

This article highlights what goes on behind the scenes in foreclosure courts all over the U.S. Foreclosure mill lawyers use their deep pockets to intimidate judges even in a state like New York that … [Read more...]

Oops! Citi Forgot To Compensate 23,000 Consumers For Abusive Foreclosure Practices

at&t girl

Government Audit Shows Nearly $20 Million Was Never Paid Out   Two years after Citigroup Inc. was punished for widespread foreclosure abuses and still owes TARP bailout money to taxpayers, is … [Read more...]

Mortgage Lenders Cause Another Homeowner Death

heart attack

Frank Collelo Died In A Tampa Courtroom Fighting His Foreclosure Potentially illegal foreclosures have claimed another life. Yesterday, 67-year-old Valrico man died after collapsing in a … [Read more...]

MBS Trusts Abandon Ocwen Like Rats From A Sinking Ship

Ocwen Financial is sinking faster than the Titanic

Ocwen Under Fire For Mishandling Mortgages They Service Last month the bond holders of 25% Voting Rights in 119 Residential Mortgage Backed Securities Trusts with an original balance of more than … [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...]

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...]