Veteran Sues Nationstar Mortgage AKA Mr Cooper For Putting Him In Foreclosure After Reneging On Modification Deal John T. Baldy II filed a lawsuit in West Virginia against Nationstar Mortgage aka Mr Cooper. Baldy a veteran living in Charleston. He alleges breach of contract and other counts. The veteran claims the mortgage servicer failed to […]
Nationstar Executive Edward Hyne Testifies Aurora Bank Policies Included Forging Note Endorsements Nationstar Executive Edward Hyne sat for a deposition in a bankruptcy case last month. Normally, this would not be a big deal. However, this time the Nationstar executive dropped a bombshell about the now-defunct Aurora Loan Servicing. He claimed in his deposition that Aurora doctored […]
Wamu Successor WMIH To Buy Controlling Stake In Nationstar For $1.9 Billion WMIH emerged from bankruptcy proceedings as the successor to Washington Mutual, Inc. The company had limited operations other than WMMRC’s legacy reinsurance business. However. it has now become a contender in mortgage lending. The company announced it plans to buy a controlling interest in Nationstar Mortgage. […]
NYDFS Squeezes $17 Million In Fines Out Of Nationstar aka Mr Cooper For Violating New York Finance Laws The New York Department of Financial Services has announced reached a $17 million settlement with Nationstar aka Mr Cooper. The NYDFS accused the lender of violating a plethora of NYS financial laws. Lending Website Housingwire stated: The settlement shouldn’t come […]
Bronx Foreclosure Defense 411: How To Use Robo-Signing In A Bronx Foreclosure Defense People ask me all the time about Robo-signing. So, It’s time to talk about Robo-signing in this installment of Bronx Foreclosure Defense 411. A foreclosing lender must demonstrate three things in order to foreclose. The first being that they must prove the homeowner has defaulted […]
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