Wednesday 4th December
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Ex-Asst. Treasury Secretary Herb Allison Back at Beautiful Connecticut Home
Written on 18 Mar, 2011 at 12:04
See, because in the old days public servants, those that worked for the government, seemed to make less money than Phil Donahue or Marlo Thomas. They didn't used to have 7,379-sq.ft. 1911 wood and stucco $25 million Greens... (Continue reading)
GMAC Halts Evictions Related to Foreclosures in 23 States When News of Forged and Robo-Signed Documents Comes Out
Written on 24 Sep, 2010 at 16:50
Okay, so here's the story... some attorneys representing homeowners in foreclosure noticed that GAMC was saying things that weren't true, which is sometimes referred to as "lying," and then in a deposition it came out that a middle manager at... (Continue reading)
California Court Rules: MERS Can’t Foreclose, Citibank Can’t Collect
Written on 16 Jul, 2010 at 3:39
This decision means that if a foreclosing party in California, that is not the original lender, claims that payment is due under the note, and that they have the right to foreclose on the basis of a MERS assignment, they're... (Continue reading)
CNN.com Reports Receiving “Overwhelming Number” of Negative Reviews of Obama Housing Plan
Written on 29 Jul, 2009 at 13:10
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)
$23.7 TRILLION
Written on 22 Jul, 2009 at 0:29
It occurs to me that transparency is not something you should need to provide. As long as you don't add any opacity, you'll have transparency, no? ... (Continue reading)
Tired of the Lying: 55,000 Helped by Obama Mortgage Rescue
Written on 24 May, 2009 at 10:26
But why, if a bank refuses to modify a loan to the point where the borrower can remain in his or her house, and instead chooses to sell it at some moment in time, would we possibly want to tell... (Continue reading)
Treasury Gives Banks Guidance on Loan Modification/Foreclosure Rescue Scams
Written on 8 May, 2009 at 17:50
The Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) has issued what they refer to as “guidance” to financial institutions related to the practice of using Suspicious Activity Reports (“SARs”) to report loan modification and foreclosure rescue scams. The guidance talked... (Continue reading)
I Finally Figured It Out… It’s The Banks.
Written on 5 Apr, 2009 at 15:16
The interview went great. The guy was wonderful. He explained everything he goes through with customers and for customers and I gained a much deeper understanding of what was actually involved in a loan modification. He even offered to call... (Continue reading)