FOR PUBLICATION UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT JOHN SCHLEGEL, on behalf of himself and all others similarly situated; CAROL ROBIN SCHLEGEL,
Crime pays! Yahoo- US banks are getting tens of millions of taxpayer dollars through a key foreclosure prevention program to pay down borrower debt, but
Forbes- Bankrupt mortgage originator and servicer Residential Capital, LLC, or ResCap, and its subsidiary GMAC Mortgage, filed a term sheet with the court on June
HuffPO- Jeff Olson will not face punishment for writing anti-big bank messages in children's chalk outside Bank of America branches in San Diego last year,
Yahoo- Citigroup has agreed to pay $968 million to Fannie Mae to resolve potential future repurchase claims on residential mortgage loans originated between 2000 and
H/T Home Equity Theft State Journal- In a strongly-worded judgment, an Ohio County circuit judge granted a Wheeling homeowner $3,500,000 in punitive damages against Quicken
2013-Ohio-2666 FLAGSTAR BANK, FSB, Appellee, v. JIBAU HARVEY, et al., Appellant. C.A. No. 26594.Court of Appeals of Ohio, Ninth District, Summit County.June 26, 2013.KANI HARVEY
LA TIMES- When lawyers for the city of Los Angeles took Deutsche Bank to court two years ago, they decried the world’s-fourth largest bank as
RT- A California man facing more than a decade in prison for writing with chalk on public sidewalks has been told he’s barred from discussing
Bank of America whistle-blower details latest scheme to abuse homeowners, evade settlement rules and pocket cash Salon- Last week, I detailed bombshell revelations from Bank
KHON2- Everybody knows the rules, skip your mortgage and you could face foreclosure. But what about when the banks themselves are accused of skipping some
DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA FOURTH DISTRICT January Term 2013 FRED BROWN and MARGARET CRONEY-BROWN, Appellants, v. U.S. BANK NATIONAL ASSOCIATION,
Bloomberg- Bank of America Corp. and Wells Fargo & Co. (WFC) won’t face an enforcement action by state and federal officials over claims the banks
American Banker- Residential Capital has won court permission to set aside $230 million for payments to homeowners whom the company may have foreclosed on improperly.
Q-Law Background. As mentioned in an earlier post here, the Niday case, which I have previously commented on here and here as it was winding
Your Houston News- Harris County Commissioners Court on Tuesday (June 25) agreed to a landmark settlement in a lawsuit that will result in greater accuracy
White Paper UNDERSTANDING CURRENT ASSIGNMENT VERIFICATION PRACTICES The scrutiny of the completeness of collateral review and valid assignment chains has hit the mortgage industry hard,
WNYC- When New York State Senator John Sampson was arrested last month for allegedly embezzling $440,000 from foreclosure sales, the curtain pulled back on a
HuffPO- Jeff Olson, a 40-year-old man from San Diego, Calif., will face jail time for charges stemming from anti-big bank messages he scrawled in water-soluble
Bloomberg- A bipartisan group of senators is planning to introduce a proposal today for replacing U.S.-owned mortgage financiers Fannie Mae and Freddie Mac (FMCC) with
