Michigan Reservist in a New War Against Foreclosure

Diana Henriques, NY Times While Sgt. James B. Hurley was away at war, he lost a heartbreaking battle at home. In violation of a law intended to protect active military personnel from creditors, agents of Deutsche Bank foreclosed on his small Michigan house, forcing Sergeant Hurley’s wife, Brandie, and her two young children to move out and […]

Mozilo Predicted U.S. Housing Collapse as Fed Overlooked Risk

James Sterngold, Bloomberg Former Countrywide Financial Corp. Chief Executive Officer Angelo Mozilo warned as early as 2004 of a possible housing-market collapse while the Federal Reserve overlooked the threat a year later, according to documents released by the Financial Crisis Inquiry Commission. “Not only at Countrywide, but also with other lenders, there is a clear deterioration in […]

The Russian Mafia Did It! I swear.

Back in August, I posted a story about how a title company in suburban Denver claimed the Russian Mafia hacked a wire transfer for $277,000 when they were transferring funds from them to JPMorgan Chase to pay off a client’s mortgage. Now the story is in the Denver Post.  The homeowners are now on the […]

JPMorgan-Chase Foreclosing On 90 Y/O Woman Whose Son Is Willing To Pay For Condo

Bob Wilson, WTNH-Stratford, CT Stratford, Conn. (WTNH) – A man says his 90-year-old mother is being threatened by foreclosure on her Stratford home. He says he is all too willing to pay her debt but claims the bank is the one doing the stonewalling. “I have the name, the time, the date of everyone that […]

Bank of America Attempts (Yet Again) To Foreclose on Property Senior Couple No Longer Owns

From WINK-TV, FL LEE COUNTY, Fla. – WINK News fixes another case of bad bank communication.  Cape Coral homeowners spent a year trying to avoid a foreclosure.  Finally, they closed on a short sale; but their problems didn’t end there.  A few months after the bank got paid for that sale, the bank turned around […]

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