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Lawsky & NYDFS Preparing To Battle Deutsche Bank Over Libor Rigging

Muad'Dib / 03/24/2015

NYDFS Claims Thousands Of New Yorkers Have Lost Their Homes Because Of Libor Rigging The Superintendent of the New York State Department of Financial Services, Benjamin Lawsky has joined other U.S. banking regulators investigating Deutsche Bank AG for manipulation of the Libor benchmark borrowing rate. This new probe by the NYDFS of the monolithic German […]

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As Ocwen Downsizes, It Faces Delisting On NYSE

Muad'Dib / 03/24/2015

After Unloading nearly $64.4 Billion In Servicing Rights, Ocwen Still Faces Problems Last week on the heels of Ocwen’s announcement that it was selling $45 Billion in mortgage servicing rights to JPMorgan Chase, Ocwen announced it was selling $9.6 Billion in servicing rights to Walter Investment Management Corporation, the parent company of Green Tree Loan Servicing. This is on

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As Ocwen Downsizes, It Faces Delisting On NYSE Read Post »

Marco Rubio’s Poltergeist

Muad'Dib / 03/17/2015

Marco Rubio’s Tallahassee Home With Disgraced Congressman David Rivera Stirs Up A Whirlwind Of Questions This brick-fronted house down the street from the Florida Capital is like many middle-class homes in Florida’s capital. Except Senator Marco Rubio owns it with disgraced Miami Congressman David Rivera. Rivera is currently under investigation for violating federal campaign finance

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Lawsuit Shows How Clueless Bank of America Management Really Is

Muad'Dib / 03/16/2015

Bank of America Attempts To Foreclose On A House That They Approved For Short Sale In a bizarre case out of Florida’s 3rd District Court of Appeals, Bank of America attempted to foreclose on a house that they had approved a short sale on and allowed to close. In 2012, Bank of America filed a

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Let’s Get Ready To Rumble! FHFA Billion Dollar Battles W/ Nomura & RBS

Muad'Dib / 03/16/2015

Its The First Of 18 Lawsuits FHFA Is Taking To Trial To Recover $200 Billion In Bad Loans Sold To Fannie & Freddie FHFA is taking on two of the world’s largest banks in Manhattan Federal Court today. The agency hopes to recover losses from bad mortgages. FHFA claims Nomura Holdings and RBS sold bad

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Mortgage News

Lawsky & NYDFS Preparing To Battle Deutsche Bank Over Libor Rigging

As Ocwen Downsizes, It Faces Delisting On NYSE

Marco Rubio’s Poltergeist

Lawsuit Shows How Clueless Bank of America Management Really Is

Let’s Get Ready To Rumble! FHFA Billion Dollar Battles W/ Nomura & RBS

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