TILA Guide Book

Pandemonimium Breaks Out As Treasury Releases New TILA Guidebook

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

Convicted Mortgage Fraud Kingpin Attempts Shawshank Style Prison Break

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 […]

NYDFS

Hey Andrew Cuomo, You Don’t Know What You Have Until It’s Gone!

Andrew Cuomo & NY Consumers Lose Their Financial BFF With NYDFS Benjamin Lawsky’s Departure ICYMI-Last week, John Wilen at Forbes wrote a great piece about New York State Department of Financial Services Superindentent Benjamin Lawsky who will be leaving Governor Andrew Cuomo’s administration in January. In being tapped by Andrew Cuomo in 2011, Lawsky soon […]

SLS

This FHA Foreclosure Defense Strategy Stops Lenders In Their Tracks

Now An Ohio Legal Aid Firm Is Now Taking The FHA Foreclosure Defense Strategy To Another Level Most attorneys have been arguing what I call the “Paragraph 22” argument for a while. My argument refers to Paragraph 22 that appears in most standard mortgage agreements. Paragraph 22 basically says that the lender has to notify a […]

SLS

NJ Homeowner Beats SLS &BNY-Mellon Gets House Free & Clear

Oops! SLS Misses New Jersey’s Six Year Statute of Limitations I was sent news of a homeowner’s victory against SLS in New Jersey. It seems like the homeowner used the same claim that some of us in foreclosure defense we’re using here in Florida. Morris County Judge Michael B. Kaplan stated in his ruling against the servicer: […]

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