BofA Solves Liquidity Problem By Circumventing National Mortgage Settlement

BofA Is Circumventing National Mortgage Settlement By Selling Servicing Rights To Unregulated Servicers   “Are you aware of the fact that your bank is turning its customers over to a processor that based on the complaints posted appears to not only lack basic competency but also poor customer service? Many of the complaints are former BofA customers, […]

Freeloading Homeowners Who Plan To Vote For Romney…

Freeloading Homeowners Should Invest In Some Plywood and Cardboard If He Wins Steve Dibert, MFI-Miami Since the U.S. Presidential race has heated up after Labor Day, All I’ve heard from the so-called foreclosure activist crowd is that they are all voting for Romney or the Libertarian candidate former New Mexico Governor Gary Johnson. There are […]

Obama Finds No Easy Way To Buoy U.S. Homeowners Deep Underwater

Clea Benson, Bloomberg Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, stood in the beating sun amid the scrapyards and vacant lots of Cleveland’s East Side and noted that rising home prices have begun to reduce the number of families whose mortgages exceed the value of their homes. The ranks of underwater borrowers nationwide […]

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