NYDFS Director Lawsky To Resign In January The New York Daily News published a story on Monday stating that several key people in New York Governor Andrew Cuomo’s administration will be leaving now that Cuomo’s second term was affirmed by voters last week. “Top aide Larry Schwartz is expected to leave early next year while […]
In case you missed it last week, the Federal Reserve’s Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing and this could adversely affect the “recovering” housing market next year. With less money being pumped into the system, the less likely banks and lenders will be to offer loan […]
OCWEN Could Be In Serious Trouble If Other States Jump On NYDFS Investigation Bandwagon The backdated letter scandal that has rocked Ocwen Financial and caused it’s stock to lose over 30% of it’s value during the past several weeks is about to become even a bigger nightmare for Ocwen. The investigation that began by Benjamin […]
Ocwen Sends Out Apology Letters Blaming It On A Software Glitch The backdated letter scandal that has rocked Ocwen Financial during the past week is about to become even a bigger nightmare for Ocwen as Benjamin Lawsky’s New York Department of Financial Services has no said that the backdated letters denying homeowners a chance to […]
How To File Complaints Against Sterling National Bank With The FDIC & U.S. Treasury Last week, I wrote an article about Sterling National Bank. I wrote about the bank’s use of intimidation, mob style collection tactics and their practice of liquidating accounts without their customer’s knowledge. As a result, the article must have hit a nerve on […]
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