All posts tagged "fannie mae"

After Yvanova: Monica Sciarratta’s Wrongful Foreclosure with Prejudice

Yvanova did not address any of the substantive elements of the wrongful foreclosure tort, and in particular did not address prejudice ....

Fraud On The Fifth Circuit by Mnuchin and Co.?

Have the Treasury and FHFA Perpetrated a Fraud on the Fifth Circuit Court of Appeals in Collins v. Mnuchin, now before the...

Quicken Loans is Secretly Working with Goldman Sachs and Morgan Stanley to Launch Blockbuster IPO

Quicken Loans is working with Morgan Stanley, Goldman Sachs, Credit Suisse, JPMorgan to manage the deal, which would be the largest IPO...

OCWEN Altisource Pens Claims of Boardroom Self Preservation in Amherst Deal Collapse

In its attempt to gain control of the Board, OCWEN Altisource launches a proxy fight against Front Yard Residential regards collapse of...

Former Florida Foreclosure Defense Lawyer Indicted

Former Florida Foreclosure Defense Attorney James Lee Clark indicted on many charges, including bankruptcy fraud, and eight counts of wire fraud.

Goldman Sachs the Investment Bank Takes Steve Mnuchin’s Advice to Get Rich by Foreclosing on The Vulnerable

Goldman Sachs Forecloses on 10,000 Homeowners. A settlement after the 2008 financial crisis required the bank to offer homeowners $1.8 billion in...

Foreclosure Banker and Trump Cabinet Member Joe Otting Resigns Suddenly Allowing Brian Brooks to Upgrade from Deputy to Comptroller of the Currency, and it’s Not Bitcoin

Former foreclosure banker Joseph Otting resigns but his old pal from OneWest Bank steps into his shoes. Brian Brooks has been a...

Deutsche Bank Has Control Over Your American Home in 2020 But Failed the Stress Test Audit

The audit found serious weaknesses and raised doubts about whether Deutsche Bank would reach a stress test score indicating that it is...

LIT Told You First These Two Entities Were Wall Street Owned: OCWEN’s Front Yard and Amherst Merger Delayed Due to COVID-19

Goldman Sachs and Credit Suisse advised Amherst Residential on the matter, while Deutsche Bank Securities Inc. advised Front Yard (OCWEN).

OCWEN Facing it’s Own Eviction Case Seeks Accounting Puffery to Help Survive Being Delisted

Nothing good will come of the of $3 billion dollar admonished nonbank OCWEN's current financial dilemma. They currently face eviction from the...

Judge David Hittner Replaced Judge Nancy Atlas after a Late Recusal. His Speedy Termination Against the Homeowners Followed

OCWEN Press Release On COVID-19 As They Prepare to Attack Homeowners In Distress

OCWEN believes the disruption created by the measures being taken to drive social distancing may give rise to industry-wide elevated delinquency levels.

LIT’s Accurate Foreclosure Prediction Starts Already, the 90 Day Mortgage Relief is No Relief At All for Homeowners

The Banks and non-banks are preparing for the next financial crisis - and this time they are well prepared - a learning...

Wells Fargo Agrees to Settle Class Action After Wrongfully Foreclosing On Hundreds of Homeowners After the Financial Crisis

A federal judge in California has certified a class of Wells Fargo mortgage customers who claim the bank denied them mortgage modifications...

Foreclosure King Steve Mnuchin Hires Another Member of the Eviction Gang in Preparation of Another Cash Bonanza at the Expense of the People

Department of the Treasury Secretary Steven Mnuchin apparently enjoyed working with some of his compatriots at OneWest Bank so much that he’s now moving to...

The Federal Reserve is Bank Owned. Two Banks Own 75 Percent of It. Can You Name Them?

Still, it serves as yet another red flag for those concerned with the power of too-big-to-fail banks that the top two banks...

Deutsche Bank Has Paid over $18 Billion Dollars in Fines. America Gives it a Lifetime Key to the Vault of American Homes

Deutsche Bank has faced almost $18.3 billion in fines and legal settlements since the start of 2008. Instead of ejecting them from the USA,...

Deutsche Bank Asks Big Three to Tender for Cloud Services

eNotes were first issued in the US in 2001 but they have grown exponentially over the last 2 years. Deutsche Bank has...