OCWEN STOCK TANKING IN WAKE OF CEASE AND DESIST ORDER

  Update: The Consumer Financial Protection Bureau just sued Ocwen for “failing borrowers throughout mortgage servicing process.  It says “mortgage servicer’s widespread errors, shortcuts, and runarounds cost borrowers money, homes.” CFPB Press Release CFPB Complaint The Commissioner of Financial Regulation for the State of Maryland issued a Summary Order to Cease and Desist and Partial … More OCWEN STOCK TANKING IN WAKE OF CEASE AND DESIST ORDER

VIDEO Don’t Be A Victim: “The Numbers Say That The Majority Of You Will Fall Victim To The Next Bubble”

Feb 27, 2017  by Chris Martenson   It’s impossible to predict with certainty how much more insane our financial markets will get before an inevitable correction. But my personal bet is: A lot! For my reasons why, take a few minutes to watch the chapter on bubbles below from The Crash Course. For those who … More VIDEO Don’t Be A Victim: “The Numbers Say That The Majority Of You Will Fall Victim To The Next Bubble”

Elderly Couple With Dementia Evicted From Home After Forgetting To Pay Property Taxes

  Jan 16, 2017 By Brianna Acuesta   The man has dementia and the woman is bedridden, none of which mattered when they were evicted. Credit: David Leaming In an outrageous, completely legal move in Albion, Maine, an elderly couple in their 80s was recently thrown out of their home after they forgot to pay property … More Elderly Couple With Dementia Evicted From Home After Forgetting To Pay Property Taxes

Fake Agreements Between Sham Conduits Try to Preempt Courts from Ruling on Evidence

November 9, 2016 by Neil Garfield the parties are creating the illusion that they are essentially entering into an agreement to purchase paper from the seller where there is no original paperwork and no indication that the purchase ever actually took place.   THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY … More Fake Agreements Between Sham Conduits Try to Preempt Courts from Ruling on Evidence

Homeowners losing money in legal snarls surrounding non-judicial foreclosures

Nov 4, 2016 By Max Dible West Hawaii Today mdible@westhawaiitoday.com   KAILUA-KONA — Foreclosed properties bought at auction often afford buyers a chance at a lucrative deal. But if you’ve purchased a property anywhere in Hawaii that’s been through a non-judicial foreclosure, you may have acquired considerably less than you bargained for — or potentially … More Homeowners losing money in legal snarls surrounding non-judicial foreclosures

More On Dayen’s Book “Chain Of Title”

July 24, 2016  BYFINDSENLAW   We did a recent post on “Chain of Title.” I saw this article today and it resonated with me. I have also experienced the weird “blame the victim” vibe in courthouses.  Meanwhile, my clients were not just financially decimated, bamboozled, and betrayed, but some were literally dying.  They needed medical care … More More On Dayen’s Book “Chain Of Title”

Fannie, Freddie and the Secrets of a Bailout With No Exit

May 20, 2016 By GRETCHEN MORGENSON    When Washington took over the beleaguered mortgage giants Fannie Mae and Freddie Mac during the collapse of the housing market and the financial crisis of 2008, it was with the implicit promise that they would be returned to shareholders after being nursed back to health. But now, with the … More Fannie, Freddie and the Secrets of a Bailout With No Exit

#FannieGate: 9th Circuit rules that Fannie and Freddie are private companies

Decision could affect Delaware case on legality of net worth sweep March 3, 2016 Sarah Wheeler A decision by the Ninth Circuit Court of Appeals yesterday could have big implications for a Delaware case where plaintiffs are arguing that Fannie Mae and Freddie Mac are Delaware corporations and therefore are subject to state, not federal law. … More #FannieGate: 9th Circuit rules that Fannie and Freddie are private companies