The right to foreclose was forged and therefore void

  Uribe v. CARRINGTON MORTGAGE SERVICES, LLC | TX 4DCA – …”the appellee to establish its right to foreclose was forged and therefore void, the trial court erred in granting the appellee’s motion for summary judgment” 21 February 2017. Maria Jilma URIBE and Jose Carlos Uribe, Appellants, v. CARRINGTON MORTGAGE SERVICES, LLC on behalf of … More The right to foreclose was forged and therefore void

Oklahoma Attorney General Calls for Limits on Asset Forfeiture

Aug 29, 2016 by  Steve Byas   The only type of asset forfeiture that is legitimate is “post-conviction,” Oklahoma Attorney General Scott Pruitt (shown) recently told an interviewer with the CATO Institute. The comments by Pruitt, a Republican first elected in 2010, will assuredly heat up the issue of civil asset forfeiture in Oklahoma. The decision … More Oklahoma Attorney General Calls for Limits on Asset Forfeiture

Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE

June 17, 2016 by Brena Swanson   Intercontinental Exchange, ICE, announced on Friday that it plans to acquire a majority equity position in MERSCORP Holdings, the owner of Mortgage Electronic Registrations Systems, collectively known MERS, sending a signal to the market that MERS is finally vindicated. [ How this show vindication is not stated. What it … More Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE

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

Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners

Jan 26, 2016 by findsenlaw Freddie Mac Kicks Off 2016 with Largest Ever Delinquent Loan Auction article here: The transaction announced on Friday is Freddie Mac’s third bulk NPL sale worth more than $1 billion. The previous two were worth $1.1 billion each. Overall, it will be Freddie Mac’s ninth bulk Standard Pool Offering (SPO) … More Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners

“Screwing banks since 1992″: Indiana Lawyer Suspended Over Unprofessional Advertisements

 Jan 14, 2016 by  Jonathan Turley I have previously written about how some attorneys continue to ignore bar standards encouraging firms to show basic professionalism and decorum in advertising from using sex dolls to raving like madmen. Now, an Indiana bankruptcy lawyer Brent Welke of Indianapolis has been suspended for 30 days in a rare … More “Screwing banks since 1992″: Indiana Lawyer Suspended Over Unprofessional Advertisements

They Lost 140 Properties

Sometimes we get so busy in our business, we forget to pay attention to protecting what we are creating. I’m reminded of the story about one of our clients… He and his family amassed 140 single-family homes and two apartment complexes. Everything was going great as they were buying lots of properties at great prices … More They Lost 140 Properties

Beware of Institutional Vulture Debt Buyers and Default Judgments

October 30, 2015 by findsenlaw Vulture debt buyers are buying up questionable debt (credit card, student loan, auto, you name it) for pennies on the dollar and filing lawsuits in volume, obtaining default judgments in bulk, on junk evidence. The CFPB is going to step in with some new rules. Full article in the American … More Beware of Institutional Vulture Debt Buyers and Default Judgments

Travis County Recorder Speaks Out Against MERS and the Fifth Circuit Ruling

October 13, 2015 by findsenlaw In Travis County, a large Texas county with Austin (my alma mater) serving as the county seat, the County Clerk derided a recent MERS-related decision of the notoriously “conservative” (really meaning bank-oligarchy-friendly rather than some more benign definition of fiscal conservatism) U.S. Court of Appeals for the Fifth Circuit in … More Travis County Recorder Speaks Out Against MERS and the Fifth Circuit Ruling