FORECLOSURE FRAUD | by DinSFLA - Part 41
Harris v. HSBC Bank, USA, NA | note’s endorsement to the bank was undated…the assignment was “backdated”…factual issue of whether the note was assigned to the bank

Harris v. HSBC Bank, USA, NA | note’s endorsement to the bank was undated…the assignment was “backdated”…factual issue of whether the note was assigned to the bank

09 September 2015

DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA FOURTH DISTRICT JUNIOR A. HARRIS, Appellant, v. HSBC BANK USA, NATIONAL ASSOCIATION, as Trustee for NAAC Mortgage Pass-Through Certificates Series 2007-1, Appellee. No. 4D14-54 [September 9, 2015] Appeal from the Circuit Court for the Seventeenth Judicial Circuit, Broward County; Cynthia G. Imperato, Judge; L.T. Case No. […]

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Freddie Mac Updates to State Foreclosure Time Lines

Freddie Mac Updates to State Foreclosure Time Lines

08 September 2015

Via Freddie Mac- As part of our periodic review of State foreclosure time lines, we’ve increased State foreclosure time lines for all foreclosure sales completed on or after August 1, 2015, in 34 of the 55 jurisdictions. You’ll see these changes reflected in your September Compensatory Fee Analysis report. Please review the updated time lines […]

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Rep. Trott sells stake in foreclosure law firm – “I have no interest in the law firm”

Rep. Trott sells stake in foreclosure law firm – “I have no interest in the law firm”

08 September 2015

The Detroit News- Republican U.S. Rep. David Trott confirmed in a recent congressional report that he sold his 81 percent interest in the Farmington Hills-based law firm he helped lead for decades, with the partners buying out his stake over five years. After winning the Republican primary against Rep. Kerry Bentivolio, R-Milford, a year ago, […]

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Commercial Real Estate, Distress and Financial Resolution: Portfolio Lending versus Securitization

Commercial Real Estate, Distress and Financial Resolution: Portfolio Lending versus Securitization

08 September 2015

Commercial Real Estate, Distress and Financial Resolution: Portfolio Lending versus Securitization David H. Downs Virginia Commonwealth University (VCU) – Department of Finance, Insurance & Real Estate ; The Kornblau Institute Pisun (Tracy) Xu University of Denver – Reiman School of Finance September 2, 2015 Journal of Real Estate Finance and Economics, Vol. 51, No. 2, […]

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AMERICAN HOMEOWNERS AS STATISTICAL ANOMALIES? SERIOUSLY?

AMERICAN HOMEOWNERS AS STATISTICAL ANOMALIES? SERIOUSLY?

08 September 2015

Clouded Titles- This article is an op-ed piece, specifically discussing issues with what got America into the mortgage mess that finally collapsed in 2008. Review of a recently-released, 59-page”white paper” by SSRN (which they charged $5.00 to obtain a copy of) takes aim at the statistical behaviors of American consumers (as homeowners). I’m sure you’ll […]

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Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program

07 September 2015

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program Sumit Agarwal National University of Singapore Gene Amromin Federal Reserve Bank of Chicago Souphala Chomsisengphet Office of the Comptroller of the Currency (OCC) Tomasz Piskorski Columbia Business School – Finance and Economics Amit Seru University of Chicago – Booth School of Business […]

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Fannie Mae Servicing News: Foreclosure Time Frames Increase

Fannie Mae Servicing News: Foreclosure Time Frames Increase

03 September 2015

Foreclosure Time Frames Fannie Mae has adjusted the maximum number of allowable days for routine foreclosure proceedings, effective for foreclosure sales on or after Aug. 1, 2015. The maximum number of allowable days has been increased for the following jurisdictions: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, […]

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Tomlinson v. GMAC Mortgage, LLC (Fla. 2DCA) | failed to present evidence to establish that it  held the note in 2007 when it filed the complaint. Accordingly, we reverse the final  judgment based on GMAC’s lack of standing.

Tomlinson v. GMAC Mortgage, LLC (Fla. 2DCA) | failed to present evidence to establish that it held the note in 2007 when it filed the complaint. Accordingly, we reverse the final judgment based on GMAC’s lack of standing.

03 September 2015

NOT FINAL UNTIL TIME EXPIRES TO FILE REHEARING MOTION AND, IF FILED, DETERMINED IN THE DISTRICT COURT OF APPEAL OF FLORIDA SECOND DISTRICT WILLIAM TOMLINSON and WILLIAM ) L. CRUMP, ) ) Appellants, ) ) v. ) Case No. 2D13-6030 ) GMAC MORTGAGE, LLC; ROCKY ) THOMPSON; MORTGAGE ELECTRONIC ) REGISTRATION SYSTEMS, INC.; and ) […]

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Alviso v. SELECT PORTFOLIO SERVICING | M-T-D on all “Counts” except one. A categorical WIN for the Homeowner exercising her rights under the California HBOR

Alviso v. SELECT PORTFOLIO SERVICING | M-T-D on all “Counts” except one. A categorical WIN for the Homeowner exercising her rights under the California HBOR

03 September 2015

  MARGARITA ALVISO, Plaintiff, v. SELECT PORTFOLIO SERVICING, INC.; NATIONAL DEFAULT SERVICING CORPORATION; and DOES 1-20, inclusive, Defendants. Civ. No. 2:15-1368 WBS KJN.United States District Court, E.D. California.August 26, 2015. MEMORANDUM AND ORDER RE: MOTION TO DISMISS WILLIAM B. SHUBB, District Judge. Plaintiff Margarita Alviso brought this action against defendants Select Portfolio Servicing, Inc. (“SPS”) […]

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HUD’s Proposal to Terminate FHA Insurance Policies  Could Terminate the FHA Program

HUD’s Proposal to Terminate FHA Insurance Policies Could Terminate the FHA Program

02 September 2015

K&L Gates- U.S. Consumer Financial Services Alert By Krista Cooley, Kathryn Baugher If there is anything that galls servicers of government-insured loans, it is the forfeiture or curtailment of all accrued interest from mortgage insurance claims resulting from the failure to foreclose fast enough within artificially created state time lines. At first glance, the U.S. […]

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Miami mortgage lawsuits vs BofA, Citigroup, Wells Fargo are revived

Miami mortgage lawsuits vs BofA, Citigroup, Wells Fargo are revived

02 September 2015

Reuters- A federal appeals court on Tuesday revived three lawsuits in which the City of Miami accused Wells Fargo & Co, Bank of America Corp and Citigroup Inc of predatory mortgage lending to black and Hispanic borrowers. By a 3-0 vote, the 11th U.S. Circuit Court of Appeals said a lower court erred in dismissing […]

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CMFG Life Insurance Co. vs RBS SECURITIES, INC. | 7th Cir. – CUNA’s claims against RBS sound in fraud rather than contract they are not time-barred | REVERSED

CMFG Life Insurance Co. vs RBS SECURITIES, INC. | 7th Cir. – CUNA’s claims against RBS sound in fraud rather than contract they are not time-barred | REVERSED

02 September 2015

In the United States Court of Appeals For the Seventh Circuit ____________________ No. 14-2904 CMFG LIFE INSURANCE CO., CUMIS INSURANCE SOCIETY, INC., and MEMBERS LIFE INSURANCE CO., Plaintiffs-Appellants, v. RBS SECURITIES, INC., Defendant-Appellee. ____________________ Between 2004 and 2007, CUNA Mutual, an insurance company, purchased fifteen residential mortgage-backed securities from RBS Securities, Inc. Then the housing […]

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Housing Tax Reform and Foreclosure Rates

Housing Tax Reform and Foreclosure Rates

01 September 2015

  Richard Dusansky University of Texas at Austin   Firas Zebian Independent August 20, 2015 Journal of Real Estate Finance and Economics, Vol. 51, No. 3, 2015 Abstract: Since the housing market collapse of 2008 and the ensuing economic recession were amplified by rising foreclosure rates, we study the potential impact of housing taxation reform […]

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A Cost-Benefit Analysis of Judicial Foreclosure Delay and a Preliminary Look at New Mortgage Servicing Rules

A Cost-Benefit Analysis of Judicial Foreclosure Delay and a Preliminary Look at New Mortgage Servicing Rules

01 September 2015

  Lawrence R. Cordell Federal Reserve Banks – Federal Reserve Bank of Philadelphia   Lauren Lambie-Hanson Federal Reserve Bank of Philadelphia 2015-03-23 FRB of Philadelphia Working Paper No. FEDPWP15-14 Abstract: Since the start of the financial crisis, we have seen an extraordinary lengthening of foreclosure timelines, particularly in states that require judicial review to complete […]

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Proof of Ongoing Foreclosure Fraud and Mortgage Document Fabrication, in Five Emails

Proof of Ongoing Foreclosure Fraud and Mortgage Document Fabrication, in Five Emails

01 September 2015

Naked Capitalism- Five years ago this month, GMAC became the first mortgage servicer to announce that they would suspend foreclosure operations, due to irregularities in their document preparation. Within a few weeks every major mortgage servicer in America followed suit. This is usually called the robo-signing scandal, but to be more precise we gave it […]

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Federal Deposit Insurance Corporation v. U.S. Bank NA | breaches of two securitization trusts totaling more than $248 million

Federal Deposit Insurance Corporation v. U.S. Bank NA | breaches of two securitization trusts totaling more than $248 million

31 August 2015

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER FOR GUARANTY BANK Plaintiff, -against- U.S. BANK NATIONAL ASSOCIATION, Defendant NATURE OF ACTION 1. This is an action for damages against US Bank for its breaches of contractual and statutory duties under the governing agreements, the New York Streit Act, […]

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Federal Deposit Insurance Corp v. Citibank | lost more than $200 million when selling $420 million of the Guaranty securities (SAMI 2007- AR6)

Federal Deposit Insurance Corp v. Citibank | lost more than $200 million when selling $420 million of the Guaranty securities (SAMI 2007- AR6)

31 August 2015

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER FOR GUARANTY BANK Plaintiff, -against- CITIBANK N.A., Defendant NATURE OF ACTION 1. This is an action for damages against Citibank for its breaches of contractual and statutory duties under the governing agreements, the New York Streit Act, N.Y. Real Property […]

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FDIC vs THE BANK OF NEW YORK MELLON | BNY breached its duties as trustee of 12 RMBS trusts that issued approximately $2 billion in certificates

FDIC vs THE BANK OF NEW YORK MELLON | BNY breached its duties as trustee of 12 RMBS trusts that issued approximately $2 billion in certificates

31 August 2015

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER FOR GUARANTY BANK Plaintiff, -against- THE BANK OF NEW YORK MELLON, Defendant. NATURE OF ACTION 1. This is an action for damages against BNY Mellon for its breaches of contractual and statutory duties under the governing agreements, the New York […]

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Shipmates hope to save terminally-ill sailor’s home from foreclosure

Shipmates hope to save terminally-ill sailor’s home from foreclosure

31 August 2015

WAVY TV – Hundreds of volunteers are rallying around a former Norfolk sailor who has been unable to sell his Chesapeake home. Petty Officer Nick Salter worked at Naval Station Norfolk for six years before he was reassigned in New Mexico. He was diagnosed with skin cancer eight years ago. In 2014, the cancer spread […]

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Bernie Sanders: “The business model of Wall Street is fraud.”

Bernie Sanders: “The business model of Wall Street is fraud.”

31 August 2015

August 30, 2015 – ( CNN ) – Bernie Sanders FULL State of the Union Interview with Jake Tapper       . © 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.

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PHOENIX FUNDING, LLC v. AURORA LOAN , MERS | NM: Court of Appeals – QUIET TITLE, Neither the unindorsed note, nor the MERS assignment of mortgage is sufficient to establish Aurora as the holder of the Note

PHOENIX FUNDING, LLC v. AURORA LOAN , MERS | NM: Court of Appeals – QUIET TITLE, Neither the unindorsed note, nor the MERS assignment of mortgage is sufficient to establish Aurora as the holder of the Note

30 August 2015

  Phoenix Funding, LLC, Plaintiff-Appellant, v. AURORA LOAN SERVICES, LLC, and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Defendants-Appellees. No. 33,211.Court of Appeals of New Mexico.Filed August 24, 2015.William F. Davis & Associates, P.C. William F. Davis, Nephi D. Hardman, Albuquerque, NM, for Appellant. Cavin & Ingram, P.A. Stephen D. Ingram, Albuquerque, NM, for Appellees. OPINION ZAMORA, […]

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The Foreclosure Hour 8/30/15 | Pt. 3 Homeowners Bill of Rights and Wrongs: Homeowners Declaration of Remedies

The Foreclosure Hour 8/30/15 | Pt. 3 Homeowners Bill of Rights and Wrongs: Homeowners Declaration of Remedies

29 August 2015

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 . . This Sunday be completing the “Homeowners Bill of Rights and Wrongs” trilogy by presenting “Part Three” (the “Homeowners Declaration of Remedies”) CLICK THIS […]

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

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