FORECLOSURE FRAUD | by DinSFLA - Part 2
Tampa couple wins $1M from Bank of America in robocall suit

Tampa couple wins $1M from Bank of America in robocall suit

09 December 2014

Tampa Bay Business Journal- A federal judge in Tampa sent a clear message to Bank of America Thursday by ordering it to pay a local couple $1,051,000 for violating the Telephone Consumer Protection Act and the Fair Debt Collections Practices Act. Plaintiffs Nelson and Joyce Coniglio of Tampa sued the nation’s second largest bank in [...]

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U.S. sues Deutsche Bank, other banks for $190 million

U.S. sues Deutsche Bank, other banks for $190 million

09 December 2014

Why haven’t these banks been shut down down? Lawsuit after lawsuit… with no end in sight! LA TIMES- Federal authorities in New York have sued Deutsche Bank and other financial entities, alleging they dodged more than $100 million in taxes with some fancy financial footwork. The lawsuit was filed Monday in Manhattan federal court. It [...]

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Dan Alter: The legal mastermind behind New York’s record bank fines

Dan Alter: The legal mastermind behind New York’s record bank fines

09 December 2014

WOW! Good for him. I supplied him with a ton of info at one point and then it went silent. I’m glad to hear he was behind this! Reuters- Billions of dollars have flowed to New York state coffers thanks to headline-grabbing settlements with global banks announced by Governor Andrew Cuomo and Benjamin Lawsky, New [...]

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IN RE: Thompson | Wisconsin BK Court orders Wells Fargo, Litton/Ocwen to repay BK Court back mtg payments!

IN RE: Thompson | Wisconsin BK Court orders Wells Fargo, Litton/Ocwen to repay BK Court back mtg payments!

08 December 2014

h/t Dave Krieger UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF WISCONSIN ___________________________________________ In re Chapter 13 Dennis E. Thompson and Pamela A. Thompson, Case No. 05-28262-svk Debtors. MEMORANDUM DECISION ON DEBTORS’ MOTIONS FOR CERTAIN RELIEF AGAINST WELLS FARGO Since this case’s inception in 2005, it has been fraught with litigation, failed mediations, discovery [...]

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Homeowner fights double foreclosure smackdown

Homeowner fights double foreclosure smackdown

08 December 2014

Palm Beach Post- The lurking debt left after a foreclosure is hitting Florida residents hard this year as a private firm files to collect on so-called “deficiency judgments”, which are often worth tens of thousands of dollars. But one homeowner is fighting back in a federal lawsuit seeking class action status on behalf of borrowers [...]

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Tax extenders bill passed in the House, heading to senate | PoliticoPro tax journalists get it really wrong

Tax extenders bill passed in the House, heading to senate | PoliticoPro tax journalists get it really wrong

07 December 2014

So-called capitol hill PoliticoPro tax journalists get it really wrong. If these guys were really tax professionals, they would know that the tax extenders bill passed in the House last week, and pending approval in the Senate next week, does NOTHING to help any of the “2 million borrowers who are either seriously delinquent on [...]

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GOVERNOR CUOMO ANNOUNCES NEW REGULATIONS AGAINST ABUSIVE AND DECEPTIVE DEBT COLLECTION PRACTICES

GOVERNOR CUOMO ANNOUNCES NEW REGULATIONS AGAINST ABUSIVE AND DECEPTIVE DEBT COLLECTION PRACTICES

07 December 2014

H/T Consumer Law & Policy Blog New consumer protections issued through first use of “Gap Authority” under New York Financial Services Law Governor Andrew M. Cuomo today announced new, nation-leading reforms that will protect consumers against abusive and deceptive debt collection practices. These new, finalized state Department of Financial Services regulations will provide consumers with [...]

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Wall Street Demands Derivatives Deregulation In Government Shutdown Bill

Wall Street Demands Derivatives Deregulation In Government Shutdown Bill

04 December 2014

They own the government …so they will get what they want. Simple. As. That. Huffington Post- Wall Street lobbyists are trying to secure taxpayer backing for many derivatives trades as part of budget talks to avert a government shutdown. According to multiple Democratic sources, banks are pushing hard to include the controversial provision in funding [...]

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New York Regulator Poses Formidable Threat To Mortgage Servicers

New York Regulator Poses Formidable Threat To Mortgage Servicers

04 December 2014

Forbes- Benjamin Lawsky, a relatively unknown New York State regulator, has put the fast-growing non-bank mortgage servicing industry’s business model in jeopardy. Look no further than Ocwen Financial for proof of a servicing segment that remains marred in uncertainty. Ocwen is reeling following a dispute with Lawsky that killed a promising a $39 billion acquisition [...]

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SPEARS vs First American eAppraiseIT | Files on WaMu Appraisal Scheme Kept Sealed

SPEARS vs First American eAppraiseIT | Files on WaMu Appraisal Scheme Kept Sealed

03 December 2014

Courthouse News- A federal judge refused to unseal files related to Washington Mutual Bank’s alleged rigging and steering of appraisals to benefit mortgage lenders before market crashed. The case in Washington, D.C., stems from a 2008 federal class action that Felton Spears Jr. and Sidney Scholl first brought in San Jose, Calif., against Washington Mutual [...]

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Five Biggest U.S. Banks Control Nearly Half Industry’s $15 Trillion In Assets

Five Biggest U.S. Banks Control Nearly Half Industry’s $15 Trillion In Assets

03 December 2014

That’s $15 Trillion in fraud! We know their business model is built by these means. Forbes- The wreckage of the financial crisis led to pages upon pages of financial reform aimed at ending the era of Too Big To Fail, but six years after the banking system blew up the five biggest firms control 44% [...]

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Cook County sues Wells Fargo over lending practices

Cook County sues Wells Fargo over lending practices

03 December 2014

Chicago Tribune- Cook County has filed a federal lawsuit against a third mortgage lender, alleging that unfair, predatory lending and loan serving practices, particularly in minority communities, violated the Fair Housing Act. The suit, filed against Wells Fargo on Friday in U.S. District Court in Chicago, is similar to others brought in late March against [...]

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Bank of America foreclosure dismissal moves forward $70M jury trial against bank

Bank of America foreclosure dismissal moves forward $70M jury trial against bank

02 December 2014

(PR NewsChannel) / December 2, 2014 / PALM BEACH, Fla. TJ Fisher with Colonel Dudley Boudreaux Waddlesworth, Lady Scotus Cornelia LaRue and Madame Calliope de Bourbon . Bank of America (NYSE:BAC) dropped their foreclosure case against author TJ Fisher at a recent bench trial after bank attorneys missed a court deadline and Motion-in-limine hearing and [...]

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Winning bidder of Detroit home in tax foreclosure auction killed trying to take possession

Winning bidder of Detroit home in tax foreclosure auction killed trying to take possession

02 December 2014

Sad that people had to lose their lives over this. M-Live A father and daughter were fatally shot in Detroit Friday evening while trying to remove occupants from a home purchased in Wayne County’s September tax foreclosure auction. Stacy Pugh, president of the Rosedale Park Improvement Association, the neighborhood where the father and daughter were [...]

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IRS: ‘Short sales’ home sellers face huge tax bills if breaks aren’t reinstated

IRS: ‘Short sales’ home sellers face huge tax bills if breaks aren’t reinstated

01 December 2014

Just as you thought you’re getting back on your feet…The government isn’t done with you…just yet! Washington Times- The wrangling in Congress that has prevented a package of expired tax breaks from being reinstated threatens to slap massive tax bills on thousands of Americans who have given up their homes in “short sales,” a common [...]

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Increased Defaults as Interest-Only Loans Recast -Fitch

Increased Defaults as Interest-Only Loans Recast -Fitch

01 December 2014

The Ghost of Christmas Future: Foaming the Runway 3.0, it’s over.   Mortgage News daily- The ghosts of originations past could still come back to haunt the housing industry according to a new report from Fitch Ratings. The company says that half of those borrowers who have loans in performing residential mortgage backed securities (RMBS) [...]

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Bank breaks in, cleans out wrong house; balks at making homeowner whole

Bank breaks in, cleans out wrong house; balks at making homeowner whole

01 December 2014

The Times Tribune- Until this year, Honesdale attorney Jeffrey S. Treat thought he had seen everything in the wild world of home restoration, flipping and landlording. CitiMortgage and its agents confused his handyman’s special — a small, long-vacant foreclosure he purchased for cash at 1526A Thackery Avenue in Scranton — with a home it foreclosed [...]

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Watch Elizabeth Warren Tear Into the New York Fed Chief Over Agency’s ‘Regulatory Capture’

Watch Elizabeth Warren Tear Into the New York Fed Chief Over Agency’s ‘Regulatory Capture’

01 December 2014

via Bill Moyers A big part of the damage came during an exchange between Sen. Elizabeth Warren and William Dudley. Watch the video:   © 2010-14 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.

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Wilbur Ross Steps Down From Ocwen’s Board, other public companies

Wilbur Ross Steps Down From Ocwen’s Board, other public companies

28 November 2014

Sec- Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 20, 2014, Wilbur L. Ross, Jr. notified the Board of Directors (the “Board”) of Ocwen Financial Corporation (the “Company”) of his decision to resign as a director on the Board effective immediately [...]

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103-Year-Old North Texas Woman Fights OneWest Bank To Keep Her House

103-Year-Old North Texas Woman Fights OneWest Bank To Keep Her House

25 November 2014

CBS- Myrtle Lewis is 103-years-old …living in the warmth of her North Texas home and bracing for a fight. “I’d just fight everything within reach, I’d be so upset,” Lewis told CBS 11’s I-Team, as she sat in her living room, taking time away from a favorite pastime – watching old westerns on TV. Granddaughter [...]

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U.S. Bank N.A. v Merrill Lynch Mtge. Lending, Inc.| NYSC – U.S. Bank seeks a corporate witness for deposition regarding two matters…Securitzation and potential documents and custodians concerning Merrill’s servicing and breach notification policies

U.S. Bank N.A. v Merrill Lynch Mtge. Lending, Inc.| NYSC – U.S. Bank seeks a corporate witness for deposition regarding two matters…Securitzation and potential documents and custodians concerning Merrill’s servicing and breach notification policies

25 November 2014

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK : PART 45 —————————————————————~~——-x U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but as trustee for MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM4 and MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM5, Plaintiff, -against- MERRILL LYNCH MORTGAGE LENDING, INC., MERRILL LYNCH MORTGAGE INVESTORS, [...]

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FHFA Directs Fannie Mae and Freddie Mac to Change Requirement Relating to Sales of Existing REO

FHFA Directs Fannie Mae and Freddie Mac to Change Requirement Relating to Sales of Existing REO

25 November 2014

FOR IMMEDIATE RELEASE 11/25/2014 . Washington, D.C. – The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac (the Enterprises) to alter one of their policies relating to the sale of real estate owned (REO) properties in their current inventory.  The change will permit the two companies to sell existing REO properties [...]

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GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com
Damian Figueroa, South Florida Realtor, Real Estate Agent
Susan Chana Lask, www.appellate-brief.com
Jamie Ranney, www.NantucketLaw.pro

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