White Plains Foreclosure Defense

When HAMP Dies Homeowners Will Be Forced To Fight

Homeowners Will Have To Fight To Keep Their Homes When HAMP Ends Homeowners better have their loan modifications completed by December 31st or be prepared to fight their lenders. The HAMP program is coming to end. The Home Affordable Modification Program was launched in 2009 in answer to the financial crisis. The program provided financial incentives […]

FHFA

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

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 […]

Struggling Homeowners Are Shouldering The Responsibility Of U.S. Deficit

No Fannie/Freddie Mortgage Write-Downs For Struggling Homeowners Means More Cash For Uncle Sam   Since the housing crisis began in 2007, the major banks and the major servicers have paid nearly $130 Billion in fines and court settlements to settle mortgage fraud issues with Fannie Mae and Freddie Mac. These settlements have brought Fannie Mae […]

GOP Senators

GOP Senators Block Watt Nomination For Head Of FHFA

GOP Senators Gives No Valid Reason To Oppose Watt GOP Senators today dealt a blow to President Barack Obama’s efforts to install his own nominee as regulator of Fannie Mae (FNMA) and Freddie Mac (FMCC), blocking an effort to confirm Representative Mel Watt to the post. Republicans cited misgivings about the qualifications of Watt, a North Carolina Democrat, to lead the Federal […]

Is Bank Of America Stomping On The Rights Of Hispanic Homeowners?

Bank of America Is Illegally Taking Angel Garcia’s Home And He’s Not Alone “This is like doing business with a praying mantis. You get seduced, and then eaten alive afterwards” -Steve Jobs American banks and American businesses have been stomping on the rights of Hispanic-Americans since the U.S. annexed what is now the American Southwest […]

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