Posts Tagged ‘PNC Financial’

How to Strategic Default? Ask the MBA.

Written on 21 May, 2012 at 7:15

How to strategic default? There's just one little, teeny-tiny, almost insignificant smidgeon of a problem with what the Mortgage Bankers Association's CEO was saying: He was completely full of shit. ... (Continue reading)

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

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