SETTLEMENT FROM THE OCC AND THE DEPARTMENT OF JUSTICE REQUIRES MORE THAN JUST THE MONEY

TweetShareWhile reading Livinglies today I noticed a posting  “E. ToLLe”… in which he repeats a recommendation from Stop Foreclosure Fraud –             For those homeowners who received a check for the OCC/Fed consent order with the big banks: I request that each and every one of us call the General …

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Wells Fargo’s illegal conduct = $840.00 (minimum) State Attorney National Mortgage Settlement

TweetShareToday I received my anticipated letter from the California State Attorney General.  The first line states, “you are eligible to receive at least $840.00 as part of the settlement”.  The letter goes on to state, “this is only intended as partial compensation for the illegal conduct of the mortgage services”.  …

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Do you have a claim against New Century Mortgage?

TweetShareNew Century Mortgage is currently in the process of wrapping up its bankruptcy proceedings, having successfully skirted dealing with the feared “floodgates” of borrowers claiming to be known claimants harmed by New Century’s, and its associates in enterprise, predatory lending practices.  So let’s take a quick look at few facts. …

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Obama loves mobsters – AG/Bank Settlement Stinks! My oh my..Ignorance IS bliss!

TweetShareObama is threatening financially strapped states to sign on to this settlement, or else face losing federal funding to their states. A $25 Billion penalty on $13.5 TRILLION in fraudulent foreclosures and investment fraud is insulting. Why does Obama want to give safe harbor to criminals and allow them to …

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What is the big deal about a couple of lies and a few forged documents?

TweetShareLast year many of the major banks halted foreclosures in judicial foreclosure states because, as they claimed, they had hit a little “road bump”.  This little road bump was the Courts demanding that any entity wanting to do a foreclosure provide documentation of actual ownership of the Promissory Note and …

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The Trustee, Trustee and Trustee…huh?

Org Trust with Parent child teacher

TweetShareTweet    In a typical non judicial foreclosure there are THREE different Trustees: 1) The original Trustee listed on the Deed of Trust when the loan is originated and the Deed of Trust is signed  2) The substituted Trustee that is substituted during the foreclosure process to conduct the Trustee …

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