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...]

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

Erbey

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

halt-man-md

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...]

Did Michigan Dems Just Bitch Slap Victims Of Illegal Foreclosures?

Likely Democratic Michigan Gubernatorial Candidate Mark Schauer

Likely Gubernatorial Candidate Schauer Picks Sister Of Fraudclosure Mill Operator As Running Mate   Likely Democratic Michigan Gubernatorial Candidate Mark Schauer's campaign announced … [Read more...]

New Laws Prohibiting Dual Tracking in the Foreclosure Context

 Amy Loftsgordon, Nolo Dual tracking occurs when a mortgage holder continues to foreclose on a homeowner’s home while simultaneously considering the homeowner’s application for a loan modification. … [Read more...]

Are Hedge Funds Here To Save The Day Like Mighty Mouse?

mighty mouse

Hedge Funds Unlikely Saviors for New York-Area Homeowners Prashant Gopal, Bloomberg Louis Ragusa, who hasn’t paid his mortgage in two years, says he now has a chance to save his Blackwood, New … [Read more...]

Credit Suisse Helped The Nazis Steal In Europe Now They’re Trying To Steal From Jamaicans In NY

Swiss Miss

Credit Suisse Is Now Turning The American Dream Into A Nightmare For Thousands Of Jamaicans In NY     " The system concedes nothing without demand, for it formulates its very method of … [Read more...]

Rockland DA Who Helped Bust Scammer Pat Grillo Is Back Busting Scam Contractors

Pat Grillo's hide out at 48 Church Street in Goshen, NY.

Thomas Zugibe Is Looking Out For Homeowners       If you have been in foreclosure in the Hudson Valley section of New York in the past several years you've probably had … [Read more...]