FORECLOSURE FRAUD | by DinSFLA - Part 2
Trump’s Financial Deregulation Might Be Bad News for Banks After All

Trump’s Financial Deregulation Might Be Bad News for Banks After All

29 December 2016

WSJ- Bank stocks have surged since the election on hopes that President-elect Donald Trump will roll back financial rules. But deregulation, for the biggest institutions at least, might come with a catch: tougher limits on borrowing. Some influential voices in Mr. Trump’s world insist banks should, as a quid pro quo for rolling back some […]

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Fidelity National Unit Said to Near Settlement Over Robo-Signing

Fidelity National Unit Said to Near Settlement Over Robo-Signing

28 December 2016

Regulators seeking $65 million in discussions with former LPS LPS was acquired during five-year talks over foreclosure flaws Bloomberg- A Fidelity National Financial Inc. subsidiary is in final talks to pay as much as $65 million to resolve U.S. government accusations that it contributed to improper and fraudulent foreclosures after the 2008 credit crisis, according […]

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Wells Fargo Is Trying to Fix Its Rogue Account Scandal, One Grueling Case At a Time

Wells Fargo Is Trying to Fix Its Rogue Account Scandal, One Grueling Case At a Time

28 December 2016

The bank said it will compensate thousands of customers with unwanted accounts and cards; how do you calculate cost of a damaged credit score? WSJ- Aaron Brodie has been dogged by poor credit for five years, the result, he said, of a Wells Fargo & Co. banker giving him a credit card he didn’t ask for. Hearing […]

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Prosecutor to investigate Trump-related complaint against Florida AG Pam Bondi

Prosecutor to investigate Trump-related complaint against Florida AG Pam Bondi

27 December 2016

First Coast News- Gov. Rick Scott has assigned a complaint filed against Attorney General Pam Bondi to a prosecutor in southwest Florida. The complaint stems from scrutiny this year over a $25,000 campaign contribution Bondi received from President-elect Donald Trump in 2013. Bondi asked for the donation around the same time her office was being […]

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Trump’s Treasury Pick Excelled at Kicking Elderly People Out of Their Homes

Trump’s Treasury Pick Excelled at Kicking Elderly People Out of Their Homes

27 December 2016

When Steven Mnuchin ran OneWest, the bank aggressively and in some cases, wrongly, foreclosed on elderly homeowners with reverse mortgages. The bank had a disproportionate share of such foreclosures.   Trump’s Treasury Pick Excelled at Kicking Elderly People Out of Their Homes by Paul Kiel and Jesse Eisinger ProPublica, Dec. 27, 2016, 8 a.m. In […]

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How Deutsche’s big bet on Wall Street turned toxic

How Deutsche’s big bet on Wall Street turned toxic

27 December 2016

REUTERS- Deutsche Bank’s pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the extent of its decline since 2008 when its then chief executive claimed it was one of the “strongest banks in the world”. Expanding from its roots in Germany dating back to 1870, Deutsche […]

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Foreclosures of Reverse Mortgages Are Different

Foreclosures of Reverse Mortgages Are Different

27 December 2016

HUFFPO- The headline on Bloomberg News as reported by National Mortgage News caught my eye. It read “Mnuchin’s Reverse Mortgage Woes Blemish Record of Treasury Pick.” As I read on, I realized that reverse mortgage-bashing by the media, which had almost disappeared in recent years, was now being revived to tarnish a Trump appointee. The […]

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Spanish Banks Ordered to Repay Billions to Mortgage Borrowers

Spanish Banks Ordered to Repay Billions to Mortgage Borrowers

26 December 2016

A full reimbursement for clients who had ‘mortgage floors’ could cost banks billions in back payments WSJ- Spanish lenders might have to pay billions of euros back to borrowers after the European Union’s top court Wednesday ruled against the banks in a dispute over variable-rate mortgages. The European Court of Justice ruled that borrowers in […]

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Wall Street holiday parties are back…but don’t tell anyone

Wall Street holiday parties are back…but don’t tell anyone

26 December 2016

Fox News- Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand. But organizers of the soires, conscious of tighter budgets and public scrutiny, are not eager to discuss the merriment. Big financial firms started […]

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Foreclosure lawyers were tracked too closely to try anything fishy, attorney says

Foreclosure lawyers were tracked too closely to try anything fishy, attorney says

22 December 2016

Banks watched lawyers’ every move and pushed for speedy foreclosures, attorney says  DENVER POST- The Denver law firm that foreclosed on more Colorado homeowners than any other could not have padded its billings because the banks and federal mortgage insurers it represented micro-managed nearly every aspect of the process to ensure the speediest outcome, one […]

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TFH 12/25 – What Every Homeowner Needs To Know To Emotionally Survive Foreclosure

TFH 12/25 – What Every Homeowner Needs To Know To Emotionally Survive Foreclosure

22 December 2016

COMING TO YOU LIVE DIRECTLY FROM THE DUBIN LAW OFFICES AT HARBOR COURT, DOWNTOWN HONOLULU, HAWAII LISTEN TO KHVH-AM (830 ON THE AM RADIO DIAL) ALSO AVAILABLE ON KHVH-AM ON THE iHEART APP ON THE INTERNET . . Sunday – December 25, 2016 What Every Homeowner Needs To Know To Emotionally Survive Foreclosure Those who […]

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Wells Fargo Scrambles to Deal With New Crisis

Wells Fargo Scrambles to Deal With New Crisis

21 December 2016

WSJ- Wells Fargo & Co. chief Timothy Sloan received a terse call last Tuesday from the Federal Reserve and Federal Deposit Insurance Corp.: That afternoon the regulators would publicly announce the bank had flunked a vital test and would be slapped with first-of-their-kind penalties. The failure of the bank’s so-called living will test, even as […]

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Top foreclosure lawyer testifies she sold her 11,439-square-foot house to defend fraud allegations

Top foreclosure lawyer testifies she sold her 11,439-square-foot house to defend fraud allegations

21 December 2016

Prosecutors say millions were needlessly charged to homeowners, banks and taxpayers Denver Post- One of Colorado’s top foreclosure lawyers on Tuesday tearfully described being forced to sell her multi-million-dollar home in Centennial — “The house I thought I would die in” — in order to pay lawyers defending her and her firm against a state […]

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Trump’s Treasury Pick Moves in Secretive Hedge Fund Circles

Trump’s Treasury Pick Moves in Secretive Hedge Fund Circles

20 December 2016

NYT- As a hedge fund manager, Goldman Sachs trader and bank chief executive, Steven T. Mnuchin has long been a member of the financial elite. Yet even on Wall Street he was not widely known before Donald J. Trump chose him to be his campaign fund-raiser last spring. Now, Mr. Mnuchin is on a path to […]

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POINT – COUNTERPOINT: SECURITIZATION FAILURE EXPLAINED

POINT – COUNTERPOINT: SECURITIZATION FAILURE EXPLAINED

20 December 2016

Clouded Titles- “JANE … YOU IGNORANT SLUT!” (As exclaimed by Dan Akroyd to Jane Curtin on Saturday Night Live …) Sorry … I had to do that because you can’t say that to opposing counsel in foreclosure court … as much as you’d like to!  Still, I’m not an attorney, I can’t render legal advice, but […]

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Denver foreclosure mill on trial for allegedly bilking foreclosured homeowners

Denver foreclosure mill on trial for allegedly bilking foreclosured homeowners

20 December 2016

State says Castle law firm allegedly fixed prices to maximize profits from homeowner misery Denver Post- As thousands of Coloradans battled to save their homes from foreclosure in the past decade, the owners of one law firm allegedly devised a scheme that eventually milked tens of millions of dollars from banks, homeowners and investors. That’s the […]

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JPMorgan dethrones Deutsche as top CMBS bookrunner

JPMorgan dethrones Deutsche as top CMBS bookrunner

20 December 2016

The Real Deal- For the first time in five years, there’s a new king atop of the CMBS mountain. JPMorgan was the most active underwriter this year with $12 billion worth of U.S. transactions, edging out Deutsche Bank and ending its five-year reign as the top CMBS bookrunner, according to Commercial Mortgage Alert. While U.S. […]

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Freddie Mac Announces New Foreclosure Prevention Program

Freddie Mac Announces New Foreclosure Prevention Program

19 December 2016

Flex Modification to Provide Significant Payment Relief to Borrowers MCLEAN, VA–(Marketwired – Dec 14, 2016) –  Freddie Mac (OTCQB: FMCC) announced today the Freddie Mac Flex Modification foreclosure prevention program, which is designed to help America’s families by offering significant reductions in their monthly mortgage payments. It replaces Freddie Mac’s version of the Home Affordable […]

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Fannie Mae Announces New Foreclosure Prevention Program

Fannie Mae Announces New Foreclosure Prevention Program

19 December 2016

Flex Modification to Provide Significant Payment Relief to Borrowers Alicia Jones 202-752-5716 WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today its Flex Modification foreclosure prevention program, which is designed to help America’s families by offering reductions to their monthly mortgage payments. The Flex Modification leverages components of Fannie Mae’s Home Affordable Modification Program (HAMP®), which […]

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IN RE CERTIFICATION OF NEED FOR ADDITIONAL JUDGES, FLA: SUPREME COURT 2016

IN RE CERTIFICATION OF NEED FOR ADDITIONAL JUDGES, FLA: SUPREME COURT 2016

19 December 2016

IN RE: CERTIFICATION OF NEED FOR ADDITIONAL JUDGES. No. SC16-2127.Supreme Court of Florida. December 15, 2016.Original Proceeding — Certification of Need for Additional Judges. PER CURIAM. This opinion fulfills our constitutional obligation to determine the State’s need for additional judges in fiscal year 2017/2018 and to certify our “findings and recommendations concerning such need” to […]

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SUBMIT COMPLAINTS ABOUT STEVE MNUCHIN, TRUMP’S NOMINEE FOR THE SECRETARY OF THE TREASURY

SUBMIT COMPLAINTS ABOUT STEVE MNUCHIN, TRUMP’S NOMINEE FOR THE SECRETARY OF THE TREASURY

18 December 2016

On November 30th, 2016, President-elect Trump named Steve Mnuchin to be the United States Treasury Secretary. Also known as the “Foreclosure King,” Mnuchin earned the nickname for his bank’s practice of buying distressed mortgages during the financial crisis and evicting thousands of homeowners. As the Chief Executive Officer and owner of OneWest Bank, Mnuchin oversaw […]

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Lender Steering in Residential Mortgage Markets

Lender Steering in Residential Mortgage Markets

18 December 2016

Lender Steering in Residential Mortgage Markets Sumit Agarwal Georgetown University, ushakri@yahoo.com Brent W. Ambrose Institute for Real Estate Studies and the Department of Risk Management, The Pennsylvania State University, bwa10@psu.edu Vincent W. Yao J. Mack Robinson College of Business, Georgia State University, wyao2@gsu.edu December 6, 2016 Abstract In this paper we examine the incentives for […]

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GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Kenneth Eric Trent, www.ForeclosureDestroyer.com

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