Former New York State Trooper David Silva’s $25 HOA Late Fee Has Turned Into A $47,554 Foreclosure Former New York State Trooper David Silva didn’t believe he deserved the $25 late fee from his HOA. So he refused to pay. Apparently, the trouble began when his condo switched property managers in June 2015. Silva’s maintenance check for […]
Former Fannie Mae Employee Charged With Accepting Bribes and Approving Below-Market Sale of Foreclosed Homes Former Fannie Mae employee Shirene Hernandez was arraigned on two counts of wire fraud. Hernandez pleaded not guilty. The judge made her post a $65,000 bond. The judge also ordered her to stand trial on March 20, 2018. The DOJ alleges the […]
Special Prosecutor Robert Mueller Accuses Paul Manafort Of Committing Mortgage Fraud And Bank Fraud Special Prosecutor Robert Mueller has charged Paul Manafort with more crimes. Mueller has now added a number of allegations of bank and mortgage fraud. Manafort has already been charged with laundering millions of dollars in foreign money through American real estate. Mueller’s team […]
Florida 4th DCA Rules Victorious Foreclosure Victims Cannot Collect Legal Fees From The Foreclosing Party Florida foreclosure victims who beat their foreclosure are not entitled to attorney fees. The Florida 4th District Court of Appeals ruled homeowners cannot collect appellate legal fees despite being the prevailing party. Borrowers Frederick and Jonelle Sabido successfully argued Bank […]
1st Freddie Mac Fire Sale Of 2018 Announced. $420 Million Of Non-Performing Loans Up For Auction Freddie Mac has announced the first Freddie Mac fire sale of 2018. The auction will consist of seasoned non-performing loans held in Freddie Mac’s mortgage investment portfolio. Shellpoint Mortgage Servicing is the servicer of the loans. The Freddie Mac Fire Sale […]
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