Improper Payments, Unused Real Estate Top Congressman’s Wasteful-spending Report

Dec 23, 2016  by  Michael Tennant   Merry Christmas, taxpayer. Your hard-earned money is still being frittered away by Uncle Sam at an alarming rate. In his latest Waste Watch report, Representative Steve Russell (R-Okla.) highlights $140 billion in “cost overruns, poorly designed programs, and money that was dumped down the drain,” including such purchases … More Improper Payments, Unused Real Estate Top Congressman’s Wasteful-spending Report

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

#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

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

SCOTUS Confronts ‘Line-Standing,’ Secret Changes to Opinions

The court’s policy changes, announced Monday, respond to public complaints. October 5, 2015 by Tony Mauro and Marcia Coyle, The National Law Journal The U.S. Supreme Court announced Monday a series of policy changes that respond to public complaints about secret changes to the justices’ decisions, hiring “line-standers” for high-profile oral arguments and “link rot” … More SCOTUS Confronts ‘Line-Standing,’ Secret Changes to Opinions

MERS Lacks Legal Authority and Public Accountability

September 16, 2015 by findsenlaw MERS is one large reason for the mortgage foreclosure mess homeowners find themselves in. Some of the best quotes, – Mortgage servicing companies, banks, courts and government agencies have all expressed astonishment at the extent to which MERS database is inaccurate. (p. 24) – “Simply put, ‘MERS is the Wikipedia … More MERS Lacks Legal Authority and Public Accountability

Protect Your Assets From Creditors and Thieves

Denial Changes Nothing There are many reasons to protect your assets from Creditors or litigious parties. Whether you own a lot or a little you should have certain protections in place to keep what is rightfully yours. If you have a bank account you need to be protected from Creditors, ex spouses, children’s ex spouses, … More Protect Your Assets From Creditors and Thieves