Posts Tagged ‘trustee sale’

11 Sale Dates in One Year… and then the bank modified his loan?

Written on 10 Dec, 2015 at 6:39

You don't need to keep re-setting a sale date every month... unless you want to absolutely ruin someone's credit report until it's beyond recognition. It should show one sale date/Notice of Sale, and then a postponement as he awaited... (Continue reading)

Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

Written on 24 Feb, 2012 at 0:11

What follows is a podcast featuring the "whistle blower"... the anonymous independent file reviewer working for Promontory on the Wells Fargo Bank account that reached out to us because he was fed up. I verified his identity and spoke... (Continue reading)

Tagged with: auora bailouts banking lobby banking regulators citibank consent orders diana olick economy Eugene Ludwig FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP Independent foreclosure review Indymac bank john stumpf John Walsh jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman MERS ml-implode mortgage servicers obama administration OCC complaint forms OCC consent orders OCC Report ocwen loan servicing one west bank OTS president obama Promontory Compliance Solutions Promontory Financial Group the federal reserve trustee sale wall street bankers wells fargo bank

It’s Gretchen Morgenson from The New York Times – A Mandelman Matters Podcast

Written on 21 Feb, 2012 at 7:47

Lately, Gretchen has been really going strong on foreclosure-related topics... the fraudulent document scandal, the Fannie report, DocX, the AG settlement, so I thought now would be a good time to have her on a Mandelman Matters Podcast.... (Continue reading)

Tagged with: 12 reasons to hate the AG settlement AG Settlement bailouts banking lobby citibank diana olick DOCX double dip economic recovery economy elizabeth warren Fannie Mae FDIC Chair Sheila Bair fraudulent assignments GMAC Gretchen Morgenson HAMP illegal foreclosure loan modification loan modifications LPS Making Home Affordable Plan mandelman mandelman matters martin andelman ml-implode mortgage backed securities New York Times O. Max Gardner III one west bank president obama Robo-Signing securitization the new york times Tom Cox Treasury Secretary Tim Geithner trial modifications trustee sale unemployment wall street bankers wells fargo bank

Today’s New… “But, You Didn’t Make Your Payment” Exemption to the Law

Written on 29 May, 2011 at 19:20

Don't make this more complicated than it need be. If you came and repossessed my car but were NOT the person or entity holding my pink slip, then we had a phrase to describe that occurrence as well ...... (Continue reading)

Tagged with: bank of america banking lobby chain of title citibank diana olick double dip economic recovery economy elizabeth warren endorsed note Fannie Mae FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac HAMP Indymac bank jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman max gardner ml-implode mortgage crisis mortgage refinancing mortgage servicers NACA obama administration one west bank president obama REST Report Treasury Secretary Tim Geithner trustee sale wall street bankers wells fargo bank wrongful foreclosure

New Fed Governor Sarah Bloom Raskin Gives Me Reason to Hope

Written on 15 Feb, 2011 at 15:53

I read her speech yesterday evening; parts actually gave me chills, and parts left me with a hopeful tear in my eye. She says almost exactly what I've written in my articles on at least dozens and at this... (Continue reading)

Tagged with: 2011 Midwinter Housing Finance Conference Anya Schiffrin april charney aurora bank of america servicer banking lobbyists BANKRUPTCY REFORM Brooksley Born citi servicer diane olick double dip economic recovery elizabeth warren Erica Payne FDIC Chair Sheila Bair Federal Reserve Board of Governors foreclosure crisis HAMP housing prices illegal foreclosure Janet Tavakoli jpmorgan chase loan modifications mandelman matters martin andelman max gardner Meredith Whitney ml-implode mortgage servicers NACA Nomi Prin NPV formula Ocwen one west bank President Barack Obama Appointees principal reductions Putting the Low Road Behind Us recession REST Report Sarah bloom raskin servicer incentives servicers suck stopping foreclosure trustee sale Wachovia wells fargo servicing Yves Smith

BREAKTHROUGH: Why Americans Are Allowing the Foreclosure Crisis to Continue

Written on 17 Dec, 2010 at 11:46

More than half of our country doesn't care about the foreclosure crisis because to them, it's just bankers acting in their own best interests by foreclosing on homes that borrowers irresponsibly bought knowing they couldn't afford them. It's therefore... (Continue reading)

Banks Kick Consumer’s Butts Once Again – SB 1275 Dies in the California Assembly

Written on 1 Sep, 2010 at 7:41

Even though the bill was supported by EVERYONE but the banking lobby, it was rejected 36-30 in the Assembly. Even after it was approved by the state Senate and three Assembly committees. This time... no... but thank you... (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)

JPMorgan Chase: We Had So Many Buy-Backs That We Had to Put This Policy in Place

Written on 15 Jul, 2010 at 2:06

CHASE now says that their new policy prohibits the postponing of sales, regardless of the reason, if the request to postpone is made within 7 days... or maybe 5 days... or it could be 2 days (depending on who you... (Continue reading)