Ditech Holdings Booted From The New York Stock Exchange

Ditech Holdings Booted From NYSE As Financial Troubles Persist At the Once Bankrupt Mortgage Servicer Things aren't going well at Ditech Holdings. The New York Stock Exchange has booted the mortgage servicer formerly known as Walter Investment Management. Ditech Holdings emerged from Chapter 11 bankruptcy in February after eliminated $800 million in corporate debt. The company also officially changed its name to … Continue reading Ditech Holdings Booted From The New York Stock Exchange

Hudson Valley Credit Union Settles Claims Of Screwing Military Personnel

Hudson Valley Credit Union Busted Illegally Repossessing Cars Of Active Duty Military Personnel Serving Overseas Hudson Valley Federal Credit Union has agreed to pay $95,000 over allegations that it violated the Servicemembers Civil Relief Act. SCRA-protected service members accused the credit union of illegally repossessing their cars. Hudson Valley Credit Union will pay $65,000 to … Continue reading Hudson Valley Credit Union Settles Claims Of Screwing Military Personnel

Assertive Massachusetts Foreclosure Defense

Experience The Most Assertive Massachusetts Foreclosure Defense Team Ever Assembled MFI-Miami has created the most assertive Massachusetts foreclosure defense team Rhode Island has ever seen! We are the only foreclosure and mortgage experts with the strength to successfully challenge any mortgage lender in a Massachusetts courtroom. Our competitors show off one or two victories but they … Continue reading Assertive Massachusetts Foreclosure Defense

Credit Bureaus Can Report Your Foreclosure Even If You Beat The Bank

Illinois Federal Judge Rules Credit Bureaus Can Report Your Mortgage Delinquencies Even If You Beat The Foreclosure A federal judge in Illinois has ruled that a lender report your mortgage default to the credit bureaus. The court stated a dismissal with prejudice is a non-issue when reporting the default because the loan was still in … Continue reading Credit Bureaus Can Report Your Foreclosure Even If You Beat The Bank

Florida Law Firm Accused Of Targeting Hispanics In Loan Mod Scam

Feds Allege Florida Law Firm, Advocate Law Groups of Florida Targeted Hispanics In Loan Modification Scam United States Attorney's Office in Orlando has filed a lawsuit alleging that a Florida law firm has violated the federal Fair Housing Act. The USAO alleges the firm intentionally discriminated against Hispanic homeowners. The firm allegedly suckered non-English speaking … Continue reading Florida Law Firm Accused Of Targeting Hispanics In Loan Mod Scam

Dan Gilbert’s Amrock Title Ordered To Shell Out $740 Million

Texas Judge Orders Dan Gilbert's Amrock Title To Pay $740 million to HouseCanary In Software Stealing Case A Texas judge has ordered the Dan Gilbert-owned Amrock Title (f/k/a Title Source) $740 million in a software stealing case. Gilbert's lawyers tried to have the court vacate a jury’s earlier decision from March. A jury ordered Amrock Title to pay … Continue reading Dan Gilbert’s Amrock Title Ordered To Shell Out $740 Million

MAGA Bomber Was A Victim Of An Illegal Foreclosure By Treasury Secretary Steve Mnuchin

MAGA Bomber Was A Victim Of An Illegal Foreclosure By President Trump's Treasury Secretary Steve Mnuchin Donald Trump-loving MAGA Bomber was taken into custody in relation to pipe bombs mailed to prominent Democrats on Friday.  Public records in Broward County show One West Bank illegally foreclosed on Cesar Sayoc in 2009. United States Treasury Secretary Steve Mnuchin was the CEO … Continue reading MAGA Bomber Was A Victim Of An Illegal Foreclosure By Treasury Secretary Steve Mnuchin

Top 40 Fake Employers Used On Fraudulent Loan Applications

Fannie Mae Releases The Top 40 Fake Employers Used On Fraudulent Loan Applications The number fraudulent mortgage applications submitted to lenders has skyrocketed. The fraud has moved beyond using exaggerated income. Fraudsters are now using fake employers. Thus, the number of fake employers has also skyrocketed.  As a result, Fannie Mae has issued a warning to lenders because the … Continue reading Top 40 Fake Employers Used On Fraudulent Loan Applications

Former Deutsche Bank Traders Convicted In LIBOR Manipulation Scheme

Two Deutsche Bank Traders Convicted For Manipulating LIBOR Index The federal government convicted two Deutsche Bank Traders in New York last week. The government accused the two traders from Deutsche Bank’s Pool Trading Desk of participating in a scheme to manipulate the London Interbank Offered Rate (LIBOR). The LIBOR Index is a critical global benchmark tied to … Continue reading Former Deutsche Bank Traders Convicted In LIBOR Manipulation Scheme

Ponzi Schemer Used Voodoo To Protect Herself From Investigators

Ponzi Schemer Dawn Bennett Attempted To Use Voodoo To Ward Off FBI Agents Investigating Her $20 Million Scam You need to give points to Ponzi schemer Dawn Bennett for creativity for trying to stop an FBI investigation. Most people operating multi-million dollar Ponzi schemes would flee the country or hire high priced lawyers. Not Bennet. She paid … Continue reading Ponzi Schemer Used Voodoo To Protect Herself From Investigators

Nationstar Executive Admits Aurora Bank Forged Note Endorsements

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 … Continue reading Nationstar Executive Admits Aurora Bank Forged Note Endorsements