Foreclosures To Increase With QE Ending And GOP Majority In The US Senate

In case you missed it last week, the Federal Reserve’s Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing and this could adversely affect the “recovering” housing market next year. With less money being pumped into the system, the less likely banks and lenders will be to offer loan […]

Could Fallout From The NYDFS Investigation Bankrupt OCWEN?

Could Fallout From The NYDFS Investigation Bankrupt OCWEN?

OCWEN Could Be In Serious Trouble If Other States Jump On NYDFS Investigation Bandwagon The backdated letter scandal that has rocked Ocwen Financial and caused it’s stock to lose over 30% of it’s value during the past several weeks is about to become even a bigger nightmare for Ocwen. The investigation that began by Benjamin […]

Deadbeat Landlords

Deadbeat Landlords May Force 100,000+ Detroiters To Be Homeless

Detroit Could Have 100,000 More Homeless Strollin The Streets By Christmas 2015 Because Of Deadbeat Landlords 100,000 people could be homeless in Detroit thanks to deadbeat landlords. Nearly 15% of Detroit’s population could lose their properties if they don’t soon pay delinquent taxes according to an analysis by Loveland Technologies. Steve Neavling at the Motor […]

NYDFS

NYDFS Says OCWEN Began Back Dating Docs In 2010

Ocwen Sends Out Apology Letters Blaming It On A Software Glitch The backdated letter scandal that has rocked Ocwen Financial during the past week is about to become even a bigger nightmare for Ocwen as Benjamin Lawsky’s New York Department of Financial Services has no said that the backdated letters denying homeowners a chance to […]

Florida Barbie Is A Puppet Of Deep Pocketed Lobbyists? Say Ain’t So!

With Less Than A week Before Her Re-Election, Florida Media Finally Makes A Big Deal About Florida Barbie Being A Puppet To Special Interest Groups With less than a week to go before the November election, the Miami Herald, one of the last major newspapers in Florida, is finally running a piece about Florida Attorney […]

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