Posts Tagged ‘servicers’

FHFA Subpoenas Data from 64 Issuers of Mortgage Backed Securities

FHFA Subpoenas Data from 64 Issuers of Mortgage Backed Securities

Uh oh. Someone’s gonna’ be in big trouble… as in… Lucy, you got some ‘splainin’ to do. Is it warm in here all of a sudden?... (Continue reading)

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JUDGING INDYMAC New York Supreme Court Judge Finds IndyMacs behavior repugnant, shocking, repulsive and completely devoid of good faith.

JUDGING INDYMAC  New York Supreme Court Judge Finds IndyMacs behavior repugnant, shocking, repulsive and completely devoid of good faith.

IndyMac/One West Bank… Mortifying abuse… completely devoid of good faith… harsh, repugnant, shocking and repulsive. Bravo, Judge Spinner… Bravo! When I read it for the first time, it literally brought tears to my eyes. ... (Continue reading)

MY SWANS SONG: Testimony Before the United States Senate on the State of Foreclosures & Loan Modifications

I read her testimony throughout last night, until the sun started to rise outside my window. And when I finished, I sat there and I cried. It’s been a long road… and I pray that this document at... (Continue reading)

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Suits Filed Against Sleazy Servicers – Treasury Knew

Another servicer, Ocwen, is apparently in line to receive more than $500 million from the Treasury, but is defending a federal class-action suit for harassing homeowners, charging illegal fees, and adding unnecessary insurance premiums to borrowers' bills. The complaint... (Continue reading)

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CNN.com Reports Receiving “Overwhelming Number” of Negative Reviews of Obama Housing Plan

Servicers charging loan modification fees? See, I had thought President Obama said that no one should ever have to pay for a loan modification. No? No kidding… I was almost positive that’s what he said. ... (Continue reading)

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