Posts Tagged ‘Department of Housing and Urban Development’

Our Housing Market’s Recovery is Eminent… Get It?

Written on 10 Jan, 2014 at 11:43

Despite some very nasty threats of retaliation from Wall Street and Washington, something like two dozen new cities are now reportedly joining the efforts to potentially head off home foreclosures by using eminent domain to seize mortgages and write them... (Continue reading)

Tagged with: #eminentdomain #housingrecovery American Civil Liberties Union American Securitization Forum ASF ASF Executive Director Tom Deutsch bank of america California Cornell law professor Robert Hockett Department of Housing and Urban Development diana olick discussing the use of eminent domain economic recovery economy eminent domain Federal Housing Finance Agency foreclosure crisis foreclosures HAMP hockett's municipal plan Housing Crisis and Policy Solutions housing hype housing market recivery housing market recovery impac mortgage Jeb Hensarling jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman mortgage crisis mortgage refinancing mortgage servicers municipal plan NACA prevent foreclosure richmond richmond california Richmondâ€™s Mayor Gayle McLaughlin Robert Hockett Securities Industry and Financial Markets Association seize mortgage seize mortgages and write them down for homeowners SIFMA trial modifications

HUD Investigation Shows Banks Covered Up Widespread Illegal Acts – Government offers to bring them their check and validate their parking

Written on 19 May, 2011 at 2:01

According to Shahien's story in HuffPo, the secret investigations were initiated in response to last year's reports, which indicated that large lenders were improperly accelerating foreclosure proceedings... or, in other words... look who just figured out that robo-signing affidavits and... (Continue reading)

Tagged with: Ally Financial bank of america citigroup consumer confidence Department of Housing and Urban Development Department of Justice diana olick elizabeth warren Eric Schneiderman False Claims Act Fannie Mae Federal Deposit Insurance Corporation FHA FHA rules foreclosure documents foreclosure proceedings Fraudulent Document Production HUD HUD Secretary Shaun Donovan illegal home seizures Inspector General jpmorgan chase legal transfer of title lender processing services Linda Greens loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman Mortgage Electronic Registration Systems Inc. Robo-Signing Shahien Nasiripour sheila bair The Huffington Post Treasury Secretary Tim Geithner trial modifications wall street bankers wells fargo

Is HAMP Poised to Improve in Year 3?

Written on 27 Feb, 2011 at 6:53

Laurie, as "the architect" of the HAMP program, are you aware that these servicers you're pandering to at the Mortgage Bankers Association conference, have been nothing short of torturing America's homeowners relentlessly, mercilessly, and without rhyme or reason for three... (Continue reading)