Rising Interest Rates And Stiff Competition Are Causing Wells Fargo Mortgage Originations To Plummet Wells Fargo mortgage originations continue to plummet as interest rates have risen over the last several months. Wells Fargo says that it originated $46 billion in mortgages in the third quarter. This is down 22% from last year’s total of $59 billion during the […]
Detroit Foreclosure Mill Trott Law Accused Of Pocketing Money Meant For Wells Fargo And MBS Bond Holders There is a clandestine shell game going on in Michigan between the mortgage servicers and Detroit Foreclosure Mill Trott Law. Congressman David Trott and his former law firm are masterminding this multi-million dollar shell game. Michigan homeowners are […]
New York City Mayor de Blasio Has Discovered A Cure For The Zombie Homes Plague In NYC! It’s lawsuits! New York State has been plagued by zombie homes in the decade since the financial crisis. Zombie homes are abandoned foreclosed homes that are owned by banks and lenders. In 2016 New York State passed a […]
The U.S. Supreme Court To Decide If Homeowners Can Bring FDCPA Claims In Non-Judicial Foreclosures One of the key tools for stopping a non-judicial foreclosure is in jeopardy. The United States Supreme Court has agreed to hear an argument that could bar homeowners from using FDCPA claims to stop a non-judicial foreclosure. Now thousands of […]
A New Wells Fargo Investigation Focuses On The Bank Committing Low-Income Housing Tax Credit Fraud A new Wells Fargo investigation is underway by the USDOJ in Miami. The DOJ has convened a grand jury. The DOJ is accusing Wells Fargo of colluding with affordable housing developers nationwide. The scheme involved driving down the prices of […]
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