QWR
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2.9KAfter Four Years of Litigation, CFPB is Now Obtaining Judgment(s) from the Court against Rogue Debt Collectors and their Related Entities
Our lawsuit asserts that consumers were harassed, threatened, and deceived as part of a reprehensible scheme to collect debt that was not...
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5.3K3The Investigation into BDF Hopkins, the Foreclosure Mill and Rambo Law Firm(s) in Texas Who are Bounty Hunters and House Jackers; the BDF Law Group, NDEX, Hopkins Law, et al
Hopkins Law PLLC Does Not Hold a Surety Bond to Perform Debt Collection Services in Texas but the Texas AG refuses to...
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3.4KImagine Owning Ocwen Financial And Trying To Stomach The 94% Share Price Drop (NYSE:OCN) as Ocwen President & CEO Glen Messina Acquires 132,000 Shares of the Company
Every investor in Ocwen should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies. Imagine...
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2.2KCFPB Lawsuits Against Mortgage Insurers Kickbacks Revisited
CFPB's paltry fine; in the context of the massive amount of mortgage fraud that occurred in this industry, a $15 million penalty...
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1.7KBankruptcies Are Increasing and The Courts, Lawyers, and Debt Collectors are the Winners as the Government Promotes More Harassment toward Consumers via the Licensing of Automated Calls by State Agencies
ADAD stands for Automatic Dial Announcing Device, and this is the mechanism that sends an unsolicited recorded message to your home or...
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1.8KIf You Haven’t Received the Memo – The Governments Consumer Protection Watchdog Is Ready To Make It Easier For Debt Collectors To Harass You
The CFPB has 1,600 staff and the majority of those are lawyers. The Annual Payroll is around $250,000,000. They need to be...
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1.9K1Ocwen Financial: Q2 2019 Earnings Call Transcript
Ultimately, our vision for Ocwen is to be a leading mortgage servicer with a core competency in loss mitigation that creates positive...
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2.0KConsumer Watchdogs are Toothless While Goldman Sachs and JPMorgan Control the Government and Trumps Cabinet
The GAO’s report shows that HUD had no rules in place to ensure that the sales would help homeowners, and in fact,...
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3.9K2Connie Pfeiffer of Beck Redden Celebrates “Changing of the Guard” with Fifth Cir. Court of Appeals Judges Jim Ho & Don Willett
Thanks to Judge Jim Ho, @JusticeWillett, and moderator Connie Pfeiffer for a great presentation at our monthly section meeting! Today was also...
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1.8KMake Depression Great Again
FDIC chairwoman Jelena McWilliams says that the regulator is closely monitoring agricultural loan delinquencies held by commercial banks over concerns that a...
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2.5K3The TaxPayers Bill: We Calculated the Unconstitutional Consumer Finance Protection Bureau’s (CFPB) Payroll Costs and What We Uncovered is Offensive
The consumer bureau, as well as fellow financial regulators like the Securities and Exchange Commission and the Office of the Comptroller of...
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4.5K1Leon “Lee” Cooperman is one of the Largest Investors in Non-Bank Mortgage Servicers and Related Companies Like Ocwen Alter-Ego Altisource Portfolio Solutions
Leon Cooperman founded Omega in 1991 after 25 years at Goldman Sachs. As of Oct. 31, 2018, the firm had $3.3 billion...
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3.0KOcwen’s Ousted Founder William Erbey’s Alter-Ego Called AltiSource Portfolio Solutions Q2 2019 Earnings Call Transcript
Leon Lee Cooperman of Omega Advisors: You know, it is very frustrating in terms of the amount of money you've spent on...
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2.2K2Steve ‘Foreclosure King’ Mnuchin Writes His Own Stay Out of Jail Free Card as “HUD Approves Discrimination Settlement Agreement”
Senate Democrats fiercely opposed Mnuchin's and Otting’s nominations to the Trump administration, dubbing Mnuchin the “Foreclosure King.” Both defended their track record...
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1.7KTexas Slapps A New House Bill and Also Changes State Law to Allow Judges Discretion to Award Attorney Fees, Which is a Positive Move for Texans in State Court
The proposed HB 3300 would make a small but significant tweak to the law. In the loser-pays provision, it would change the word...
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2.1K1CFPB Constitutionality is an Ongoing Debate that Has Now Reached the US Supreme Court with a Petition by Selia Law, LLC
Seila Law has filed a petition for a writ of certiorari with the U.S. Supreme Court seeking review of the Ninth Circuit’s ruling that the CFPB’s...
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1.3KMortgages Now Publicly Available for Non-Documented Persons and Illegals Available from Fannie and Freddie as well as National Mortgage Lender
Also, recent immigrants who haven’t yet established a credit score in the United States could benefit from this program, as well as...
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3.3K1Billy “The Cat” Barr the Attorney General [aka Union Mafia Boss] Has Hit the Jackpot by Being a Returning Revolver and Active Lobbyist with Corporations and Law Firms Lining Up to Pay for Protection
Two weeks after federal agents raided the manufacturer’s offices, the company’s CEO announced he was bringing on Barr to take a fresh...
