Is Bank Of America Stomping On The Rights Of Hispanic Homeowners?

By 06.10.13
Stomping Out The Competition

BofA Is Illegally Taking Angel Garcia's Home And He's Not Alone "This is like doing business with a praying mantis. You get seduced, and then eaten alive afterwards" -Steve Jobs American banks and … [Read more...]

Filed Under: Michigan, Mortgage News, Steve's Blog

Schneiderman Targets HSBC Over Foreclosures

By 06.6.13

David McLaughlin, Bloomberg HSBC Holdings Plc (HSBA) broke New York foreclosure law and put homeowners at greater risk of losing their homes, according to New York Attorney General Eric … [Read more...]

Filed Under: Mortgage News, New York

Are Michigan GOPers Using Mortgage Banking Theories Created On Fantasy Island?

By 05.30.13

GOP Sponsored Foreclosure Bills Would Cost Banks Money & Would Not Speed Up Foreclosures   As I wrote about last week, the GOP dominated Michigan Legislature is using legislation written by … [Read more...]

Filed Under: Michigan, Mortgage News, Steve's Blog

N.Y. Assembly Passes ‘Shadow Docket’ Legislation

By 05.29.13

Daniel Wiessner, Reuters The New York State Assembly this week approved a bill designed to expedite residential foreclosure cases by requiring lenders to file mandatory paperwork earlier in the … [Read more...]

Filed Under: Mortgage News, New York

1st Circuit COA Slaps Wells Fargo For Triple Damages For Jerking Around Homeowner

By 05.27.13

Sheri Qualters, National Law Journal A federal appellate court ruled that Wells Fargo Bank must face a Massachusetts consumer protection law claim that entails possible triple damages, plus … [Read more...]

Filed Under: Massachusetts, Mortgage News

NY AG Has More Proof Bank Of America And Wells Fargo Violated Mortgage Settlement

By 05.26.13

Reuters via Huffington Post New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a … [Read more...]

Filed Under: Mortgage News, New York

You Can Make A Michigan Senator Your Boy Toy For As Little As $16,000

By 05.23.13

Booher And Richardville Introduce Bill To Gut Homeowners' Rights After Pocketing A Combined $137,000 In Campaign Cash From Banking Lobbyists   On Wednesday, Michigan Senate Majority Leader … [Read more...]

Filed Under: Michigan, Mortgage News, Steve's Blog

NY State Court Halts Judge Shopping Shenanigans In RMBS Fraud Cases

By 05.23.13

Teri Buhl, TeriBuhl.com Banks looking to judge shop in RMBS putback cases filed in New York State court are going to get shut out of the process. Apparently there are so many cases to litigate … [Read more...]

Filed Under: Financial News, New York

Wells Fargo & QBE Agree To $19.25M Settlement W/ 24,000 Homeowners

By 05.23.13

CHARLES ELMORE - PALM BEACH POST Wells Fargo Bank and insurer QBE have agreed to pay an estimated $19.25 million to more than 24,000 Florida homeowners under a proposed settlement that plaintiff … [Read more...]

Filed Under: Mortgage News
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