MFI-Miami

mortgage backed securities

Andrew Cuomo Body Slams Wells Fargo

Wells Fargo Must Pay $4 Million For Credit Card Violations   More Than 1,300 New Yorkers Expected to Receive Restitution Payments Averaging Approximately $1,600 Governor Andrew M. Cuomo today announced that Wells Fargo Bank will pay a $2 million penalty and provide approximately $2 million in direct consumer restitution payments for violations uncovered by a […]

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Andrew Cuomo Body Slams Wells Fargo Read Post »

fighting foreclosures

Study This Book If You Want To Be Successful At Fighting Foreclosures

Understanding Sun Tzu’s Art of War Will Help In Fighting Foreclosures Fighting foreclosures is not hard if you understand Sun Tzu’s The Art of War. AOW has been studied by business leaders, military leaders and world leaders since Napoleon. In addition, it can also help in fighting foreclosures. It’s About Giving The Appearance You Have

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Study This Book If You Want To Be Successful At Fighting Foreclosures Read Post »

ocwen

California Settles With OCWEN For A Meager $2.5 Million

Ocwen May Have Dodged A Bullet From California But More Trouble Is In Sight On Friday, California’s Department of Business Oversight said Friday that it will drop its effort to suspend Ocwen Loan Servicing’s mortgage license in California because Ocwen Financial has agreed to pay $2.5 million for failing to prove its compliance with state

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California Settles With OCWEN For A Meager $2.5 Million Read Post »

Elizabeth Warren

4 Bankers Get Slapped By A Woman In Massachusetts

Four Banks Reach $2.7 Million Settlement With Massachusetts AG Martha Coakley Over Foreclosure Violations Massachusetts AG Martha Coakley has forced four national banks to pay a combined $2.7 million. Coakley claims they are penalties for unlawfully foreclosing on properties in Massachusetts. Coakley accused Bank of America, Citi, JPMorgan Chase, and Wells Fargo of violating Massachusetts foreclosure laws and the Massachusetts

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4 Bankers Get Slapped By A Woman In Massachusetts Read Post »

ocwen

Is OCWEN The Titanic Of Mortgage Servicing?

The Stock Of Once Mighty OCWEN Is Now 13% of It’s All Time High In case you missed it, free lance writer, David Dayen, whose work has appeared in the New Republic and Salon, wrote a great piece about Ocwen’s current financial difficulties due to its legal issues in California and New York. As I’ve written

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Is OCWEN The Titanic Of Mortgage Servicing? Read Post »

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