Provides update on fourth quarter 2014 financial results Executes amendment to Senior Secured Term Loan Executes Letter of Intent to sell mortgage servicing rights on
FOR IMMEDIATE RELEASE 3/2/2015 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced enhanced requirements for sales of non-performing loans (NPLs) by Freddie
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Tuesday, March 3, 2015 U.S. Trustee Program Reaches $50 Million Settlement with JPMorgan Chase to
Housing Wire- It turns out that Morgan Stanley (MS) is not out of the woods when it comes to trouble with regulators. Far from it,
The Foreclosure Hour: David Krieger on How You Can Reverse Mortgage Fraud at Your Local Recording Office and a whistle blower on the show is
HOUSTON, Jan. 23, 2015 /PRNewswire/ -- Today, the Holders of 25% Voting Rights in 119 Residential Mortgage Backed Securities Trusts (RMBS) with an original balance
Bloomberg- Ocwen Financial Corp., the mortgage servicer under attack for its handling of home loans, is being fired from overseeing debt backing two bond deals,
Decided on February 24, 2015 Supreme Court, Queens County JP Morgan Chase National Bank, Plaintiff, against Janet Fashakin, Defendants. 18980/11 Leonard Livote, J. Plaintiff cross-moves
Top Wall Street firm specializes in financial, securities and corporate law The Charlotte Observer- Departing U.S. Attorney Anne Tompkins is joining a legal firm linked
REAL PROPERTY UPDATE Foreclosure: trial court violated purchaser’s procedural due process rights in setting aside judicial sale of property without giving notice to purchaser. Further,
ONE. VICIOUS. CYCLE. National Mortgage News- The Home Affordable Modification Program continues to disappoint. As of Dec. 31, one in three struggling homeowners who received
Reuters- Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, February 25, 2015 MetLife Home Loans LLC, Successor to MetLife Bank N.A., to Pay
CNBC- In 2008, the nation entered into a financial crisis widely believed to have been caused by excesses in the residential mortgage industry. By 2010,
Supreme Court of the United States No. 13-884 ROCKY FUJIO TAKUSHI, INDIVIDUALLY and as TRUSTEE OF THE ALBERT G. TAKUSHI REVOCABLE LIVING TRUST DATED APRIL
Who runs the world and who owns the White House? Bloomberg- Eight days after joining the Treasury Department as an adviser, Antonio Weiss was the
Funny to hear that the CFTC is investigating after learning back in 2012 that an Anonymous JP Morgan whistle blower tells CFTC that JPM manipulates
Special Master from 2010 has submitted a Second Report on the 2010 OTSC. No one can clarify "communication." Wells Fargo and now OneWest Bank, FSB.
H/T Street Insider- Goldman Sachs (NYSE: GS) is facing a potential federal suit in connection with its residential mortgage-backed security sales leading up to the
ATLANTA, Feb 23, 2015 (GLOBE NEWSWIRE via COMTEX) -- Ocwen Financial Corporation OCN, +4.27% announced today that its subsidiary, Ocwen Loan Servicing, LLC ("Ocwen") and
