Posts Tagged ‘Office of the Comptroller of the Currency’

GAO Study Finds OCC Foreclosure Review too Hard for Us to Understand

Written on 25 Jul, 2012 at 8:22

The GAO's report, released earlier this month concluded that the OCC simply made submitting a complaint too difficult for us to understand. We couldn't figure it out. It was over our collective heads. And so, completely... (Continue reading)

Attention Homeowners & Lawyers: AG Mortgage Settlement Launches Online Complaint Sites

Written on 11 May, 2012 at 7:02

I for one am glad to see that this country is finally taking the foreclosure crisis seriously and that my tax dollars are being put to good use, and I really do hope that everyone take advantage of the new... (Continue reading)

Tagged with: attorney general settlement CFPB citibank Consumer Financial Protection Bureau DOJ settlement economic recovery economy ex-banking commissioner Joseph Smith Fannie Mae FDIC Federal Reserve Chairman Ben Bernanke HAMP Huffington Post Independent foreclosure review jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman mortgage crisis mortgage refinancing mortgage servicers mortgage settlement monitor NACA OCC Office of the Comptroller of the Currency one west bank principal reductions TARP Treasury Secretary Tim Geithner trial modifications unemployment wells fargo bank

FEDS Announce Enforcement Actions Against 14 Servicers, LPS and MERS… Hot Towels in Washrooms Threatened Once Again

Written on 19 Apr, 2011 at 14:41

Still, I'm committed to covering this subject even when doing so means that I have to start drinking at 9:30 in the morning... kidding, I'm just kidding... so, here's the news on the FEDS and their "enforcement actions," and I... (Continue reading)

Tagged with: Ally Financial/GMAC American Idol Aurora Bank bank of america ben bernanke citigroup EverBank FDIC federal banking regulators federal reserve foreclosure defense Foreclosure process governance foreclosures HAMP housing market HSBC Interagency Review of Foreclosure Policies and Practices jpmorgan chase lender processing services loan modifications LPS mandelman matters martin andelman max gardner Max Gardner's Bootcamp MERS MetLife ml-implode mortgage assignments mortgage crisis Mortgage Electronic Registration Systems mortgage servicers O. Max Gardner III OCC Office of the Comptroller of the Currency Office of Thrift Supervision OneWest Bank OTS PNC Financial REST Report robo-signers shame the banks Sovereign Bank state attorneys general SunTrust U.S. Bancorp wells fargo

Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means…

Written on 30 Dec, 2010 at 8:18

Oh joy! Foreclosures should be peaking next year! Well there's something to look forward to, wouldn't you say? Why will they be peaking next year, you may wonder? Well, I'm forecasting they based on the current... (Continue reading)

THE SiGNiNG… Or, Pardon me, Mr. Banker, but your REMIC is showing.

Written on 10 Oct, 2010 at 10:11

So, why didn't the bankers assign the loans to the trusts? I don't know... for sure. But I'm going to go out on a limb here and tell you it's because they wanted to borrow against them, and... (Continue reading)

Tagged with: affidavits alan grayson ally bank april charney assignments assignments to the trusts Attorney General Blumenthal Bair bank fraudulent foreclosures bank of america barney frank bond market Bush Clinton corrine brown countrywide credit markets Fannie Fannie Mae FDIC FDIC Chair Sheila Bair foreclosure freeze foreclosure mills foreclosurefraud.com fraudulent foreclosures Freddie Freddie Mac GMAC GMAC/Ally Bank Grahm Greenspan HAMP House Speaker nancy pelosi HSBC illegal notarizations investors jpmorgan chase judicial foreclosure state Leech loan modifications mandelman matters martin andelman MERS midterm elections missing assignment ml-implode Moody's NACA naked capitalism new century non-judicial foreclosure state O. Max Gardner III OCC Office of the Comptroller of the Currency ohio ag old republic national one west bank pass through certificates PNC Financial President Barack Obama Reagan REMIC trusts robo-signers robosigners Rubin securitization Summers tax reform texas AG Treasury Secretary Tim Geithner US Bank wall street bankers wells fargo bank Yves Smith

Obama Administration to Announce Expansion of HAMP – Principal Reductions and Help for Unemployed

Written on 25 Mar, 2010 at 20:33

On Friday, the White House is expected to announce an expansion of the president's Making Home Affordable loan modification program to include reducing the mortgage loan balances for some homeowners, and providing additional temporary assistance to unemployed homeowners. ... (Continue reading)

Tagged with: FHA foreclosure crisis foreclosures HAMP HAMP guidelines hamp modifications hamp performance loan modifications making home affordable mandelman matters martin andelman ml-implode Neil Barofsky Office of the Comptroller of the Currency Office of Thrift Supervision US Treasury Wall Street Journal

We INTERRUPT this FORECLOSURE CRISIS for a COMMERCIAL Message

Written on 14 Nov, 2009 at 22:15

Okay, so does anybody have any questions about what's going on here? Commercial real estate, a couple of trillion worth, is now circling the drain and soon we're all going to hear that loud flushing sound we've all come... (Continue reading)

Tagged with: bank accounting rules Capmark CNBC commercial loan modifications Commercial mortgage commercial property commercial real estate meltdown FDIC foreclosures loan modifications mandelman martin andelman ml-implode Moody's/REAL Commercial Property Price Index OCC Office of the Comptroller of the Currency the federal reserve Treasury Secretary Tim Geithner