Convicted Mortgage Fraud Kingpin Attempts Shawshank Style Prison Break

Convicted mortgage fraud kingpin with one of his paid stripper friends

Except Ronnie Duke Quickly Learns He's No Andy Dufresne   Ronnie Duke, the habitual criminal who rose to become the  the stripper-employing kingpin of a multi-million dollar mortgage … [Read more...]

Hey Andrew Cuomo, You Don’t Know What You Have Until It’s Gone!

benjamin-lawsky-tmagArticle

NY Consumers Lose Their Financial BFF With NYDFS Benjamin Lawsky's Departure ICYMI-Last week, John Wilen at Forbes wrote a great piece about New York State Department of Financial Services … [Read more...]

This FHA Foreclosure Defense Strategy Stops Lenders In Their Tracks

halt-man-md

Now An Ohio Legal Aid Firm Is Now Taking It To Another Level   Most attorneys have been arguing what I call the "Paragraph 22" argument for awhile and it refers to Paragraph 22 that appears in … [Read more...]

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

halt-man-md

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...]

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...]

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...]

Indie Newspaper Stands Up To Detroit Demigod Dan Gilbert

Dan Gilbert

As Mainstream Media Treats Dan Gilbert Like A White Jesus, The Metro Times Detroit Asks, "What kind of track record does Quicken Loans really have in Detroit?  Ryan Felton, Metro Times Detroit On … [Read more...]

Foreclosures To Increase With QE Ending And GOP Majority In The US Senate

homeless family 2 - Copy

In case you missed it last week, the Federal Reserve's Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing and this could adversely affect the … [Read more...]

Could Fallout From The NYDFS Investigation Bankrupt OCWEN?

Mr. Monopoly broke

OCWEN Could Be In Serious Trouble If Other States Jump On NY's Investigation Bandwagon The backdated letter scandal that has rocked Ocwen Financial and caused it's stock to lose over 30% of it's … [Read more...]

NYDFS Says OCWEN Began Back Dating Docs In 2010

benjamin-lawsky-tmagArticle

Ocwen Sends Out Apology Letters Blaming It On A Software Glitch The backdated letter scandal that has rocked Ocwen Financial during the past week is about to become even a bigger nightmare for … [Read more...]