Mortgage Servicers
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1.5KOneWest Bank paid 24 percent of the Loan Book Value to purchase Mortgage Servicing rights of IndyMac after 2008 Bank failure
After IndyMac collapsed in 2008, the receiver/conservator from the FDIC negotiated a sweet deal for Steve Mnuchin to purchase the loan book...
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2.0KNationstar (Texas) is another Mortgage Servicer who Bought Loans after the 2008 Crash Rebrands to Mr Blooper, no Mr Cooper
According to the CFPB, Nationstar’s $1.75 million fine is the largest HMDA civil penalty ever imposed by the CFPB. The size of...
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1.5KMetLife Home Loans LLC is another Lender Based in the Foreclosure Mill Zone of Irving, Texas with a Felonious History
MetLife Home Loans LLC, Successor to MetLife Bank N.A., to Pay $123.5 Million to Resolve Alleged Federal Housing Administration Mortgage Lending Violations
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1.8KColonial Savings Couldn’t care Sweet FA about Maintaining Flood Insurance for Home Loans
The image above shows that Colonial Savings FA, bought Mortgage Servicing rights from loans after the financial collapse in 2008. It paid...
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1.9KSpecial Report: Foreclosure Horror: The Zombie Title
Thousands of homeowners are finding themselves legally liable after banks decided it wasn’t worth their while to complete foreclosures.
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1.2KFannie, Freddie announce you won’t be Homeless until after January 3rd
While mortgage servicers and lenders may still engage in legal activities related to foreclosure, affected families won't be locked out of the...
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1.4KNo Mailbox Rule for Non-Prisoners, exclaims The Fifth Circuit
Debra Lohri’s notice of appeal from the bankruptcy court to the district court arrived at the office of the bankruptcy clerk a few...
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1.6KForeclosure firm admits to cheating and Over-billing Millions
A New York foreclosure law firm admitted to defrauding Fannie Mae and the Department of Veterans Affairs out of millions of dollars...
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1.8KEditors Choice: Deutsche Bank and Ocwen Loan Servicing LLC Foreclosure Defeated by Homeowners in Mobile, Alabama
A $400,000 jury verdict for a husband and wife after their home was wrongfully foreclosed on by Deutsche Bank National Trust Company...
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5.7KExpedited Foreclosure under Rule 736
Texas law provided the Burciagas an adequate procedure to challenge the Foreclosure Order by filing an independent suit in a court of...
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1.6KDeutsche Bank v FDIC is a win for the FDIC
According to its Complaint, Deutsche Bank served in the capacity as trustee for more than 240 mortgage securitization trusts created by IndyMac.As...
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1.1KWe’ll not Fabricate Arguments Where None Exist, says the Fifth Circuit
In this particular Opinion, it’s not going to fabricate, yet it seems to rely on a lot of fabrication when it comes...
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1.3KThe Lawless ‘Bounty Hunter’
What recourse is available to a consumer for fraudulent or abusive collection practices? Nothing in Texas, they are pro debt collectors.
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1.4KAre You Bloody Kidding?
Aggressive Opinions from the Court of Appeals for the Fifth Circuit are on the rise in 2018 by a known 3-panel as...
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1.2K1Don’t Fire Blanks in a Fight, you’ll be Killed
5th circuit After reviewing the record and arguments on appeal, we conclude that Blank failed to state a claim to quiet title....
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1.4KWhere the Wolf Goes, Destruction Follows
Wolf also argues that the suit must be remanded because the state court has prior exclusive jurisdiction over the property. Like the...
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1.3KThe King loses his Title due to Acceleration Allowances
This opinion is rendered as per usual for the Bank, claiming the stop start of acceleration is as good an excuse as needed...
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1.4KAbbott Vetoes Mortgage Servicers Accountability – SB830
SB 830 - Relating to the provision of accounting statements by mortgage servicers for certain loans secured by a lien on residential...
