Washington Mutual Mortgage Application

Florida Man Faces 30 Years For Lying On Washington Mutual Mortgage Application

Florida Man Stevie McDonald Faces 30 Years For Lying On A Washington Mutual Mortgage Application Stevie McDonald has pleaded guilty to making false statements on a Washington Mutual mortgage application in November of 2007. He faces a maximum penalty of 30 years in federal prison. A sentencing date has not yet been set. McDonald of […]

mortgage loan applications

Is Lying On Mortgage Loan Applications Worth 20 Years In Prison?

Florida Man Faces 20 Years In Prison After Pleading Guilty to Making False Statements in Mortgage Loan Applications Ask Randy Platfoot what can happen when you make false statements on mortgage loan applications. Platfoot pleaded guilty to making false statements on mortgage loan applications. He now faces a maximum penalty of 30 years in federal […]

Specialized Loan Servicing

MFI-Miami Forces Specialized Loan Servicing Into $1.8M Settlement

After a 2 Year Legal Fight With MFI-Miami Client, Specialized Loan Servicing Agrees To 11th Hour Settlement Before Trial Bill and Doreen would have ended up in divorce court had MFI-Miami and their lawyer not reached an 11th hour deal with Specialized Loan Servicing. Their troubles began the attempt to modify their home in Delray […]

Ex-WaMu Executives Near Settlement W/ Feds Over Bank’s Collapse

Jesse Hamilton, Bloomberg Former Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other bank officials are in settlement talks with the Office of the Comptroller of the Currency, the last chapter in the government’s probe of the largest U.S. bank failure. The regulator is weighing a settlement with Killinger, former chief operating officer Stephen Rotella […]

JPMorgan

JPMorgan Still Isn’t Sure What It Bought From The FDIC WaMu Fire Sale

JPMorgan Has No Idea What they Bought From The FDIC Matt Levine of Bloomberg wrote a great piece about how JPMorgan Chase has no idea what WaMu Assets They Bought From The FDIC You may have heard that the nation’s third largest bank is paying a lot of people billions of dollars to settle those […]

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