Did Foreclosure Referee Get Transferred Because Of Bank Complaints? This article highlights what goes on behind the scenes in foreclosure courts using foreclosure referees all over the U.S. Foreclosure mill lawyers use their deep pockets to intimidate judges and foreclosure referees even in a state like New York that has some the most consumer-friendly courts in […]
Government Audit Shows Citigroup Neglected Paid Nearly $20 Million Two years after Citigroup Inc. was punished for widespread foreclosure abuses and still owes TARP bailout money to taxpayers, is finally getting around mailing settlement checks to 23,000 of its customers for foreclosure abuses. Citigroup missed about 23,000 borrowers who were owed compensation and is now preparing […]
Mortgage Lenders Cause Frank Collelo To Die In A Tampa Courtroom Fighting His Foreclosure Mortgage lenders committing another potentially illegal foreclosure have claimed another life. Frank Collelo died yesterday. The 67-year-old Valrico man died after collapsing in a Hillsborough courtroom during a foreclosure hearing. The pending foreclosure on his primary residence went into foreclosure last […]
Ocwen Under Fire For Mishandling Mortgages They Service Last month the bondholders of 25% Voting Rights in 119 Residential Mortgage Backed Securities Trusts with an original balance of more than $82 billion issued a Notice of Non-Performance to the Trustees of those Trusts,Securities Administrators, and/or Master Servicers, regarding the material failures of Ocwen Financial Corporation […]
US Trustee Settlement Protects Homeowners In BK The Department of Justice’s US Trustee Program (USTP) has entered into a national settlement agreement with JPMorgan Chase Bank N.A. (Chase) requiring Chase to pay more than $50 million, including cash payments, mortgage loan credits and loan forgiveness, to over 25,000 homeowners who are or were in bankruptcy. […]
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