Mortgage Servicers
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2.5KTexas Courts Received 10,545 Foreclosure Filings in the First Quarter of 2019 Alone
Texas courts did not grant one homeowner the right to the American dream- they found for the bank every single time.Counter to...
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1.7KThe 3-Panel in the Fifth Circuit Combine for the Circuit and Announce A Sword, A Shield and A[nother] Retroactive Erie Guess
Section 1024.41 of the Code of Federal Regulations describes the procedures that mortgage servicers must follow when processing loss mitigation applications. Does...
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2.0KA Decade Later, An IndyMac Clone is Funded in Austin – 360 Mortgage Group – As Round II of Foreclosures Are Targeted
This lender plans to underwrite $1B in mortgages with no income, no asset verification. Resi investors can borrow from an Austin-based lender...
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2.4KDeutsche Bank and the Two Billion Reasons the Donald Trump Cabinet is Filled with Bankers, Lawyers and Foreclosure Kings
Ms. Vrablic, an intensely private person who rarely discussed personal matters with her colleagues, steered more than $300 million in loans to...
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2.4KThe Truth About Political Intervention for Citizens and Consumers: There is None: You’re on Your Own
During the run-up of the housing bubble, banks acquired thousands of subprime mortgages and turned them into securities. They created trusts as...
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4.2KIf you’re looking for a List of Licensed Mortgage Servicers, Illinois is Great, Texas – Not so Much
The Department of Savings and Mortgage Lending is an agency of the State of Texas and is subject to the oversight and...
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1.5KPer Curiam Opinions at the Fifth Circuit in Foreclosure Cases is on the rise in 2019
For the reasons stated above, the district court’s grant of summary judgment is AFFIRMED.
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2.2KOcwen CEO Ron Faris steps down, with former PHH CEO Glen Messina appointment confirmed
In a damage-limitations move, the government approved 'subprime sub-servicer' Ocwen has ditched Faris as CEO to limit the damages in any further...
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2.4KIt’s Crear the Fifth Circuit will not Liberally Construe any Pro Se Arguments in Foreclosure Cases
Homeowner Crear sued his lender and its loan servicer to prevent them from foreclosing on his property. Motion denied in favor of...
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3.5KTexas “Consumer” Attorney Behind “Squatter Rights” Lawsuits to Stop Foreclosure
Senior U.S. District Judge Harry Lee Hudspeth found two of DTND’s lawsuits to be frivolous and filed in bad faith for the...
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2.2K1The Fifth Circuit’s Favorite 3-Panel Foreclosure Panel Names Mortgage Servicer as “the Bank”
First, it assumes that the acceleration notice was for only the original loan amount. But the deed of trust granted the Bank...
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1.3KDeutsche Bank Control the Foreclosure Docket at the Fifth Circuit in January 2019
LOAN MODIFICATION: The Criswells therefore failed to accept that offer in strict compliance with its terms as well. Accordingly, neither agreement constituted...
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1.4KThat’s a Rap
No Retainer Agreements or Engagement Letters? No Fiduciary Relationship Between Bank Lawyers And Alleged Creditor? The Secret Veil that's been Pierced Confirms...
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1.4KThe Fifth Circuit Bakes a Riddle to Favor Banks Against Homeowner Rights
The opinion is a good news for lenders and bad news for homeowners as there is now some precedent that lenders cannot...
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2.0KMortgage Servicers or Non-Banks as they are Sometimes Referred to: Satisfaction Rankings by JD Power (2018)
Tim Redding, we have a bunch of servicers that are organizations attempting to foreclose on behalf of trusts and I don't think...
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2.7KOcwen: The “Chosen” Sub Servicer for the Banking Industry Continues to Grow with Fake WatchDog Lawsuits Used as Decoys to Pacify the Public Glare
Ocwen is propped up financially by New Residential Investment Corp. (NRI) which had swept in Phoenix-like in the wake of the April,...
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1.8KCan We Get a P-Wease for a Two Count Remand Against Ocwen for Breach of Contract?
It appears that the Fifth Circuit Court of Appeals has a New Years Resolution in relation to review of foreclosure cases by...
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1.5KOcwen Sending Fraudulently Backdated Letters to Customers (A Class Settlement)
The N.Y. Dept of Financial Services investigated and determined that Ocwen had back-dated certain letters to borrowers. Many of the letters concerned...
