NACA And CRA Housing Agencies Screwed Homeowners With Loan Modifications During the housing crisis, many homeowners went to CRA Housing Agencies seeking help to modify their loans. CRA Housing Agencies offered services for free and were the beneficiaries of free advertising from clueless politicians and their banking benefactors. Yes, CRAs are funded by the banking […]
Homeowners With Foreclosure Victories Often Win The Battle But Lose The War Remember Diana Yano-Horoski and Gregory Horoski who won one of the few foreclosure victories in the early days of the financial crisis? After winning what everyone thought was one of the few foreclosure victories, they soon became the national face of beating back […]
Is Donald Trump The Richie Rich Of Queens Or The Hampton’s Answer To Al Sharpton? Donald Trump The Richie Rich Of Queens, Bank of America and JPMorgan Chase were the subjects on That’s Where The Money Is with Dominick Sammarone as Steve Dibert checked in from Miami. This week, Dominick and Steve talked about the Donald […]
NYDFS Claims Thousands Of New Yorkers Have Lost Their Homes Because Of Libor Rigging The Superintendent of the New York State Department of Financial Services, Benjamin Lawsky has joined other U.S. banking regulators investigating Deutsche Bank AG for manipulation of the Libor benchmark borrowing rate. This new probe by the NYDFS of the monolithic German […]
After Unloading nearly $64.4 Billion In Servicing Rights, Ocwen Still Faces Problems Last week on the heels of Ocwen’s announcement that it was selling $45 Billion in mortgage servicing rights to JPMorgan Chase, Ocwen announced it was selling $9.6 Billion in servicing rights to Walter Investment Management Corporation, the parent company of Green Tree Loan Servicing. This is on […]
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