1st Step In Crackdown Against Foreclosure Mills Committing Mortgage Document Fraud Osceola County Clerk of the Courts in suburban Orlando has begun looking into mortgage document fraud. They are reviewing mortgage and foreclosure filings looking for Mortgage Document Fraud filed by lenders and foreclosure mills. The Clerk has no legal authority to sue the individuals or entities involved […]
As NY Foreclosures Rise More Homeowners Are Using Lawyers To Fight For Their Home Filings for NY foreclosures have steadily increased since 2011. This is according to the New York State Office of Court Administration. The data also shows the number of homeowners represented by legal counsel has also spiked. Roughly 44,469 NY foreclosure filings […]
NYDFS Forces OCWEN To Show CEO Erbey Shown The Door James Sterngold and Alan Zibel at the Wall Street Journal report that the New York Department of Financial Services and Ocwen Financial have reached a settlement in the NYDFS’s claims of servicing fraud against New York homeowners. As part of the deal, Ocwen also will […]
After Camping Out In Front Of The U.S. Printing Office For Weeks, Hordes Of Finance Geeks Get First Look At The U.S. Treasury’s New 224 Page TILA Guidebook The Treasury Department has issued it’s updated TILA Guidebook. The Guidebook contains the revisions to the Truth-In-Lending Act mandated under the Dodd-Frank Act. The Guidebook covers everything […]
Mortgage Fraud Kingpin Ronnie Duke Quickly Learns He’s No Andy Dufresne Mortgage fraud kingpin Ronnie Duke’s dream of being Andy Dufresne was never meant to be. He was caught trying to break out of prison by chipping away at mortar inside his cinderblock jail cell. Duke tried hiding his progress by stuffing the hole with mixture of wet […]
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