All posts tagged "bad loans"
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1.9KAppellate CircuitPredatory Lending: Experts Confirm Lender Loan Application and Mortgage Fraud Paid Millions in Fees
The Greatest Theft of Citizens Homes in American History: This case proves Lender Underwriting Fraud. Citizens Homes Are Still Being Stolen.
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1.8KAccelerationShameful: Billions in Damages to US Gov for 2008 Toxic Loans, Zero for the Real Victims, Homeowners
Residential Capital (RESCAP) was effectively a U.S. Gov backed lender. They wanted damages post 2008 and have spent 13 plus years litigating.
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848Appellate CircuitWhy Does RESCAP Receive $1.3 BILLION Dollars in “Liar Loan” Federal Court Wins and the Homeowners Zero?
The Answer; A corrupt judiciary. The elder Burkes mortgage loan is a liar loan yet the Judiciary are determined to steal their...
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1.6KAppellate JudgesFund ‘Em All Mortgages: Why Goodwin Law are the Legal Bouncers for Wall Street Banksters
Big Law's Goodwin has been busy fixing any ‘Problems’ that have arisen since the Financial Crisis of 2008 and LIT investigates ongoing...
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1.2KAppellate JudgesRewind 2008: When You Blow the Whistle On Wall Street Banks, You Take On The Government in America
In 2013, Bank of America’s lawyers somehow convinced a higher appellate court to review Michael Winston's $3.8 Million dollar verdict.
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1.1KAccelerationLaw Firms Making Millions in Fees from 2008 Predatory Mortgage Loan Cases Denied to Homeowners by Same Courts
Judge Nelson puts PRMI on the hook for just over $22 million altogether, with 75% of that sum being awarded to law...
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1.5KAccelerationPrimary Residential Mortgage Inc (PRMI) Submits to $24 Million Dollar Appeal Bond in Financial Crisis Toxic Loans Case
Residential Capital filed lawsuits against 12 lenders that originated poor quality loans that ResCap purchased and securitized, including PRMI.
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1.5KBankersFitch Ratings Claim PHH Acquired RFC’s Master Servicing Rights in 2013
While technically true due to the recent acquisition and merger of Ocwen Loan Servicing and PHH Mortgage, it was OLS who purchased...
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1.1KAcceleration$9 Billion in Toxic Loans and Counting
RFC reached settlements totaling approximately $9 billion, with the RMBS Trusts and several of the Monoline Insurers re packaged Toxic Loans.
