FORECLOSURE FRAUD | by DinSFLA - Part 6
AURORA LOAN SERVS., LLC v. DIAKITE | NYSC – this Court finds that the record supports the referee’s findings that the plaintiff failed to negotiate in good faith pursuant to CPLR § 3408

AURORA LOAN SERVS., LLC v. DIAKITE | NYSC – this Court finds that the record supports the referee’s findings that the plaintiff failed to negotiate in good faith pursuant to CPLR § 3408

27 December 2014

2014 NY Slip Op 51778(U) AURORA LOAN SERVICES, LLC, Plaintiff, v. AMADOU DIAKITE, ET AL., Defendants. 17949/2009Supreme Court, Kings County. Decided December 19, 2014.The plaintiff was represented by Harrison Edwards, Esq. of Fein, Such & Crane, 1200 Old Country Road, Westbury, NY. The defendant was represented by Jordan T. Schiller, Esq. of Schiller P.C., 55 [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Palm Beach County Legal Aid getting money from an unusual source…Leftovers from a David Stern Class Action

Palm Beach County Legal Aid getting money from an unusual source…Leftovers from a David Stern Class Action

25 December 2014

Palm Beach Post- The Legal Aid Society of Palm Beach County is getting a $115,000 budget boost from an unusual source — leftovers from a successful class action lawsuit against former Florida foreclosure king David J. Stern. Palm Beach County Circuit Judge Lucy Chernow Brown said in a Dec. 8 order that money remaining from [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Adma Levitin: Mortgage Servicer Privity with Borrowers

Adma Levitin: Mortgage Servicer Privity with Borrowers

25 December 2014

Credit Slips- A lot of the mortgage servicing litigation over the past seven years has faltered on standing issues. Does the borrower have standing to sue the servicer? This has been a problem for RESPA and HAMP suits, where there are questions about whether there is a private right of action, as well as for [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Two more Colorado foreclosure law firms charged with fraud

Two more Colorado foreclosure law firms charged with fraud

23 December 2014

Reuters- Colorado’s Attorney General John Suthers has sued two more law firms in the state for fraud, accusing them of inflating foreclosure costs charged to homeowners, his office said. As part of an ongoing investigation, Suthers has filed eight civil law enforcement actions against Colorado foreclosure law firms in 2014, five of which resulted in [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

David J. Reiss, K. Sabeel Rahman, and Jeffrey Lederman. “Comment on the CFPB’s Policy on No-Action Letters”

David J. Reiss, K. Sabeel Rahman, and Jeffrey Lederman. “Comment on the CFPB’s Policy on No-Action Letters”

23 December 2014

David J. Reiss, Brooklyn Law School K. Sabeel Rahman, Brooklyn Law School Jeffrey Lederman, Brooklyn Law School Abstract This is a comment on the Consumer Financial Protection Bureau’s (the “Bureau”) proposed Policy on No-Action Letters (the “Policy”). The Policy is a step in the right direction, but a more robust Policy could better help the [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

KIEFERT v. NATIONSTAR MORTGAGE, LLC, Fla: 1st DCA | Nationstar failed to establish that Aurora had standing to foreclose at the time Aurora filed the original complaint

KIEFERT v. NATIONSTAR MORTGAGE, LLC, Fla: 1st DCA | Nationstar failed to establish that Aurora had standing to foreclose at the time Aurora filed the original complaint

22 December 2014

  DANIEL and NANCY KIEFERT, Appellants, v. NATIONSTAR MORTGAGE, LLC, Appellee. Case No. 1D13-5998.District Court of Appeal of Florida, First District.Opinion filed December 16, 2014.Thomas R. Pycraft, Jr., John J. Spence, and Michael Pelkowski of Pycraft Legal Services, LLC, St. Augustine, for Appellants. Nancy M. Wallace, Kristen M. Fiore, and Michael J. Larson of Akerman [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD1 Comment

NYDFS ANNOUNCES OCWEN CHAIRMAN TO RESIGN FROM FIRM AND RELATED COMPANIES; OCWEN TO PROVIDE DIRECT HOMEOWNER RELIEF AND UNDERTAKE SIGNIFICANT OPERATIONAL REFORMS

NYDFS ANNOUNCES OCWEN CHAIRMAN TO RESIGN FROM FIRM AND RELATED COMPANIES; OCWEN TO PROVIDE DIRECT HOMEOWNER RELIEF AND UNDERTAKE SIGNIFICANT OPERATIONAL REFORMS

22 December 2014

December 22, 2014 Contact: Matt Anderson, 212-709-1691 NYDFS ANNOUNCES OCWEN CHAIRMAN TO RESIGN FROM FIRM AND RELATED COMPANIES; OCWEN TO PROVIDE DIRECT HOMEOWNER RELIEF AND UNDERTAKE SIGNIFICANT OPERATIONAL REFORMS $150 Million in ‘Hard-dollar’ Assistance to New Yorkers NYDFS Will Have Independent Monitor at Ocwen for up to Additional Three Years Benjamin M. Lawsky, Superintendent of [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

The Office of the Comptroller of the Currency (OCC) released today the “Truth in Lending Act” (TILA) handbook

The Office of the Comptroller of the Currency (OCC) released today the “Truth in Lending Act” (TILA) handbook

19 December 2014

Consumer Compliance (CC) Office of the Comptroller of the Currency Washington, DC 20219 Comptroller’s Handbook CC-TILA Truth in Lending Act December 2014 Introduction The Office of the Comptroller of the Currency’s (OCC) Comptroller’s Handbook booklet, “Truth in Lending Act,” is prepared for use by OCC examiners in connection with their examination and supervision of national [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

NATIONAL CREDIT UNION ADMINISTRATION BOARD vs U.S. BANK N A, and BANK OF AMERICA, N A |  NCUA Sues Trustees of 99 Mortgage-Backed Securities

NATIONAL CREDIT UNION ADMINISTRATION BOARD vs U.S. BANK N A, and BANK OF AMERICA, N A | NCUA Sues Trustees of 99 Mortgage-Backed Securities

18 December 2014

IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Liquidating Agent of U.S. Central Federal Credit Union, Western Corporate Federal Credit Union, Members United Corporate Federal Credit Union, Southwest Corporate Federal Credit Union, and Constitution Corporate Federal Credit Union, Plaintiffs, v. U.S. BANK NATIONAL ASSOCIATION, [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

U.S. Bank, Bank of America sued over mortgage securities

U.S. Bank, Bank of America sued over mortgage securities

18 December 2014

Of course! REUTERS- The U.S. credit union regulator said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities sold in the years leading up to the financial crisis. The National Credit Union Administration (NCUA) said the banks broke state and federal laws by failing their duties as trustees [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Deutsche Bank vs Beauvais | FL 3rdDCA – Because the Current Action was based upon the very same accelerated debt as the Initial Action, and because that Current Action was filed after the expiration of the five-year statute of limitations, it was barred

Deutsche Bank vs Beauvais | FL 3rdDCA – Because the Current Action was based upon the very same accelerated debt as the Initial Action, and because that Current Action was filed after the expiration of the five-year statute of limitations, it was barred

17 December 2014

H/T Dave Krieger Third District Court of Appeal State of Florida Opinion filed December 17, 2014. Not final until disposition of timely filed motion for rehearing. ________________ No. 3D14-575 Lower Tribunal No. 12-49315 ________________ Deutsche Bank Trust Company Americas, etc., Appellant, vs. Harry Beauvais, et al., Appellees. An Appeal from the Circuit Court for Miami-Dade [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

View all servicers’ National Mortgage Settlement scorecards and corrective action plans

View all servicers’ National Mortgage Settlement scorecards and corrective action plans

17 December 2014

Executive Summary The following summary is an overview of the fourth set of compliance reports that I have filed with the United States District Court for the District of Columbia (the Court) as Monitor of the National Mortgage Settlement. The summary includes: An overview of the process through which my colleagues and I have reviewed [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Monitor: Banks Fail Three Tests, Issues Discovered at Ocwen Joseph Smith reports on NMS compliance, Ocwen consumer relief, and Chase RMBS Settlement

Monitor: Banks Fail Three Tests, Issues Discovered at Ocwen Joseph Smith reports on NMS compliance, Ocwen consumer relief, and Chase RMBS Settlement

17 December 2014

For immediate release: December 16, 2014 Contact: Hannah Harrill 919-508-7821 Monitor: Banks Fail Three Tests, Issues Discovered at Ocwen Joseph Smith reports on NMS compliance, Ocwen consumer relief, and Chase RMBS Settlement RALEIGH, N.C. – Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement (NMS), the Ocwen National Servicing Settlement, and JP Morgan Chase [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

OT: UCF Student Planning Conference Fund

OT: UCF Student Planning Conference Fund

17 December 2014

Please help support these UCF students reach their goal. Via GoFundMe We are the University of Central Florida’s Emerging Urban Knights Planning Association.  We are an organization created to help bridge the gap between planning professionals and students.  Our organization helps to create networks and relationships between professionals and students and to educate them on professionalism and technical skills required [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Mortgage Monitor Launches Investigation of Ocwen

Mortgage Monitor Launches Investigation of Ocwen

16 December 2014

They will never get their shit in order no matter how much fraud they find and no matter how many settlements are agreed to. National Mortgage News- Ocwen Financial came under fire Tuesday from Joseph A. Smith, the monitor of the national mortgage settlement, after concerns of conflicts of interest were raised by an unnamed [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Foley says Fidelity was ‘really dumb’ to let LPS get away

Foley says Fidelity was ‘really dumb’ to let LPS get away

16 December 2014

Something tells me he obviously knew what was about to go on with robo-signing! So let the storm calm down and reacquire it…simple. Jacksonville- Nearly a year after reacquiring Lender Processing Services Inc., Fidelity National Financial Inc. Chairman Bill Foley wonders why the company ever got rid of LPS in the first place. “Why we [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Elizabeth Warren was right: The links between Citigroup and government run deep

Elizabeth Warren was right: The links between Citigroup and government run deep

16 December 2014

WaPO- Washington’s version of Six Degrees of Kevin Bacon is much less exciting than everybody else’s. It’s called One Degree of Citigroup, and it’s not much of a game since so many economic policymakers has worked at the banking behemoth. It’s exactly the point Elizabeth Warren made in a big speech last week, expressing anger [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

J.P. Morgan Says It’s More Than Half Done With Mortgage-Settlement Consumer Relief

J.P. Morgan Says It’s More Than Half Done With Mortgage-Settlement Consumer Relief

16 December 2014

WSJ- J.P. Morgan Chase JPM & Co. has told an independent monitor it has provided more than half of the $4 billon in consumer aid mandated under its 2013 mortgage-securities settlement with the Justice Department. The bank calculates it should receive about $2.25 billion of credit for such actions as cutting mortgage debts for struggling [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Billionaire investors at OneWest Bank rec’d $1 billion from FDIC. Expected to receive $1.4 billion more

Billionaire investors at OneWest Bank rec’d $1 billion from FDIC. Expected to receive $1.4 billion more

16 December 2014

via: CalReInvest Fact Sheet: OneWest Bank Expected to Receive Over $2.4 billion from the FDIC CALIFORNIA REINVESTMENT COALITION Background: When the Federal Deposit Insurance Corporation (FDIC) sold IndyMac in 2009 and La Jolla Bank in 2010, it agreed to share losses from bad loans with the billionaire investors who bought the two banks. Under the [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Battisti vs Beaver County Tax Claim Bureau | Pa. court overturns house’s tax sale over $6.30 bill

Battisti vs Beaver County Tax Claim Bureau | Pa. court overturns house’s tax sale over $6.30 bill

15 December 2014

H/T CL&P Blog- IN THE COMMONWEALTH COURT OF PENNSYLVANIA In Re: Consolidated Return of The Tax Claim Bureau of the County of Beaver From The August 16, 2011 Upset Sale For Delinquent Taxes Eileen Battisti v. Beaver County Tax Claim Bureau and S.P. Lewis Appeal of: Eileen Battisti BEFORE: HONORABLE DAN PELLEGRINI, President Judge HONORABLE [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Judge lets couple back in home while foreclosure case continues

Judge lets couple back in home while foreclosure case continues

15 December 2014

Home not secured; refrigerator, stove stolen   Jacksonville- A little more than a month after a lender forced an elderly couple out of their home, a judge ruled the two are allowed back in while a foreclosure case is ongoing. Jimmie Thompson and Carrie Bell Smith bought their home on West 35th Street in 1995. [...]

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

Remarks by Senator Warren on Citigroup and its bailout provision

Remarks by Senator Warren on Citigroup and its bailout provision

15 December 2014

http://warren.senate.gov Senator Elizabeth Warren spoke on the floor of the Senate on Dec. 12, 2014 about the provision that Citigroup added to the omnibus budget package. © 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.

Read the full story

Posted in STOP FORECLOSURE FRAUD0 Comments

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com

Advertise with Us!

LATEST TOP FORECLOSURE FRAUD CASES OPINIONS
Advertise your business on StopForeclosureFraud.com

Archives