Citigroup Fined $8.6 Million By Federal Reserve For Robo-Signing Related Issues The Federal Reserve leveled an $8.6 million fine against CitiGroup on Friday. The Federal Reserve stated the fine was due to the “deficient execution and notarization of certain mortgage affidavits. The issue stems from Citigroup’s exit from the mortgage servicing business back in 2017. The […]
New York Non-Profit Westchester Residential Opportunities Busted Poaching Clients From Attorneys White Plains-based housing non-profit Westchester Residential Opportunities is in hot water. WRO is being accused of illegally poaching clients by multiple lawyers. New York foreclosure defense lawyers state their clients have been receiving letters and emails from WRO‘s Mortgage Default Director Veronica Raphael. A copy […]
New York City Foreclosure Skyrocket! Experts Blame Rising Interest Rates And Skyrocketing Real Estate Values! New York City foreclosures have skyrocketed and it now involves the billionaire class. It all started a year ago when Nigerian oil tycoon Kolawole Aluko, stopped making payments on his condo at One57. One57 is the crown jewel of Billionaire’s Row in […]
Foreclosures Have Increased In These 12 Markets As The Number Of Foreclosures Fall Nationwide There has been a nationwide decline of 17% of foreclosures from April 2017. Yet, these real estate markets have bucked the trend and have seen in an increase of the number of foreclosures. Attom Data Solutions also claims the number of foreclosure filings has increased over […]
Israeli Loan Modification Scam Operators Plead Guilty To Targeting Elderly People In Poor Health A father and son team of Israeli loan modification scam operators pleaded guilty to scamming old people in poor health. Herzel Meiri and his son, Amir pled guilty Tuesday to conspiracy to commit wire fraud and bank fraud. Federal prosecutors allege […]
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