All posts tagged "banks"
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1.9KForeclosuresNew Report Indicates Foreclosure Boom Expected, Rejecting Trumps’ Economic Triumphs as More Blowhard than Diehard
New Data confirms surge in foreclosures expected in 2020: “There is historical precedent for an increase in foreclosures without a national economic...
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2.1KFederal JudgesEven a Fool Says Ocwen Looks Like a Bad Bet.
Yes, Ocwen’s balance sheet is ugly. But Ocwen have a lot of clout with the government. They, or should we say William...
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2.1KAccelerationOCWEN Press Releases Shed the Light On the Corruption
Trump appointed Commerce Secretary Wilbur Ross has been accused of engaging in insider trading whilst a shareholder and board member of Bank...
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1.4KForeclosuresThere were 55,197 properties with foreclosure filings in October 2019, a decrease from 66,401 this time last year. But that’s a Problem.
Foreclosure activity is down nationwide from a year ago, but certain local housing markets tell a different story.
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3.7KAccelerationCFPB Settles with The Mortgage Law Group, LLP for $21M. The Terms of the Agreement is Shocking.
The CFPB alleges that the Mortgage Law Group (TMLG) and Consumer First Legal Group (CFLG) took in over $19.2 million in fees...
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5.9KFederal Judges
Judge in New York Class Action Asks Counsel to Prove “Plan Assets” in RMBS Suit Naming Ocwen as Liable Mortgage Servicer
The first amended complaint also asserts that Ocwen exercised sweeping, unchecked control of the management and disposition of securitized mortgages, and was...
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1.6KDebt CollectorThe Consumer Financial Protection Bureau is a Watchdog But Under Kraninger is Nothing More Than an Expensive Consumer Educational School
It’s great to read that the Burkes’ suggestions in their intervenor application are being put forward by a Representative. The CFPB is...
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1.5KFDCPAFederal Courts Nationwide Are Now Rejecting Valid Claims Against Non Banks for Harassment Using a Very Questionable ‘Technical’ Excuse – But Texas Courts Lead the Field
Notably, this is the second case in Texas, after Adams v. Safe Home Security, Inc. (N.D. Tex. July 30, 2019), to hold...
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2.0KAcceleration
Trump Wants to Hide Consumer Complaints About Banks & Non-Banks (Mortgage Servicers) from the CFPB Database Citing ‘This is Not Yelp, The Banks Demand Protection and I’m Indebted to Them’
I don’t see anything in here that says I have to run a Yelp for financial services sponsored by the federal government,...
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1.6K1Debt CollectorWhy Kathy Kraninger of the Anti-Consumer Watchdog is ‘Not As Smart As A Fifth Grader’
A federal appeals court recently ruled against the watchdog, CFPB, stating that this isn’t good enough — that sending links via text...
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1.5KCFPB
The CFPB Keeps On Giving Back to Those That Ruined the Economy; Ensuring The Great Recession II will Be Visible Soon – Paying it Forward, Of Course
Apparently, in Trump’s eyes, the perfect man for the job was student loan industry executive Robert Cameron. Cameron’s prior position was with...
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2.5KEditors ChoiceALFN: We Uncover the American Legal & Financial Network; a Society of Legal Foreclosure & Eviction Enforcers for Non-Banks, Banks and Wall Street
American Legal & Financial Network (ALFN) is A 501(c)6 Non-Profit Organization. The ALFN is a national network of legal and residential mortgage...
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2.2KDeutsche BankIt’s No Surprise Wilbur Ross is a Liar. However, it is a Disgrace that He’s in Trumps’ Cabinet and Not in Jail
Secretary of Commerce Wilbur Ross apparently lied about his assets for years, fooling Forbes and virtually everyone else into thinking he was...
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2.0K1Deutsche Bank
Under Secretary Wilbur Ross, former Foreclosure Director at Ocwen and Insider Trader who Escaped Jail, The Commerce Department and Government Staff Do Not Respect Him
Wilbur Ross is sort of seen as kind of irrelevant. The morale is very low there because there’s not a lot of...
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2.3KAccelerationShe May Look Like a Member of the “Friends” Cast, But the Only “Friends” this Consumers Watchdog Leader Has are Banks, Lawyers & Politicians as She Has Muzzled Her Protection of Citizens. That Actor is Kathleen Kraninger of the Consumer Financial Protection Bureau.
Kathleen Kraninger this week marked her first six months as director of the Consumer Financial Protection Bureau. Consumer advocates called the occasion...
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2.8K1Editors Choice
First it Was Ocwen, Now it’s Bank of Ireland. Wilbur Ross, Commerce Secretary Insider Trading Again
Trump appointed Commerce Secretary Wilbur Ross has been accused of engaging in insider trading whilst a shareholder and board member of Bank...
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2.4KAccelerationThe 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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2.5KNewsTop 100 Banks in the USA : as Goldman Sachs Moves into the Golden Circle – a Top 5 Position
With the Top 5 Banks owning appx. 50% of the industry assets, Goldman Sachs enters the Golden Circle Just look at Government...
