All posts tagged "fraud"
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2.4KEditors ChoiceTexas Bank Goes Up In Flames in Very Suspicious Circumstances And Now its All Gone Eerily Quiet from the Investigative Agencies and Banking Regulators
In the first three months of 2019, the bank reported more than $10 million in loans to finance farming, according to the...
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3.0KDebt CollectorRemember What Texas Said in 2010? We Do – And So Here’s A Reminder of Governor Abbotts’ Words Directed at Foreclosure Mills and Robosigners Stephen C. Porter of Barrett Daffin Frappin Turner & Engel, the BDF Law Group today
Filing fraudulent assignments and substitutions of trustee and related practices appears to be illegal in Texas, too. State Attorney General Greg Abbott...
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3.5KDebt CollectorMortgage Contracting Services, LLC and Vice President Stephen C. Porter, the Notorious BDF Law Group Robo-signer
For more than 25 years, MCS has protected and preserved communities across the nation. Some of the largest and most respected banks...
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3.2KAccelerationImagine 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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1.8K1AccelerationOcwen 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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2.2KDebt CollectorTexas: The First Court of Appeals Authors a 39 Page Opinion Feeling Sorry for a Law Firm Seeking to Collect on a 20 Year Old Judgment
A Houston law firm’s 20-year effort to collect a $38,000 judgment from a nonpaying client is back on track after an appellate...
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1.4KMortgage ServicersOcwen Found Guilty of Foreclosing on Loans that Didn’t Exist But Gets to Keep on Trading Despite Ruining Homeowners’ Lives
Ocwen is still lying in courts across the nation Maine’s Supreme Court has made clear that lenders must establish that they have...
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4.4K1AccelerationLeon “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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2.8KAccelerationOcwen’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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4.0K1Deutsche BankThe Quiet Civil Lawsuit Against Paul Mangione of Deutsche Bank Ends With A Typical Fine and No Jail Time
What many seem to have overlooked in this January 17, 2017 Consent Order, was that this agreement was only a mere 3...
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3.4K1Donald TrumpMegaChurch Pastor and George W. Bush Spiritual Advisor Charged with Spiriting Millions of Dollars from Elderly Investors using Defunct Chinese Bonds
Kirbyjon H. Caldwell is pastor of Windsor Village United Methodist Church, a 14,000-member megachurch at Windsor Village in Houston, Texas. He was...
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2.2K1Donald TrumpElderly Protection of Homesteads? US Trustee and Attorney General Attack Bankrupt Mortgage Servicer Ditech’s Plan To Ditch Consumer Claims (Unlike 2008)
The Department of Justice and several state attorneys general have blasted bankrupt mortgage servicer Ditech Holding Corp.s proposed $1.8 billion asset sale,...
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3.0KAccelerationA Dirty Bomb and a Dirty Lawyer Appointed to ‘Clean Up’ a Dirty Bank: Deutsche Bank’s Reputation – on the Recommendation of Biggest Investor Qatar
Dirty Lawyer Stefan Simon is still embroiled in a Milan lawsuit over allegations of falsifying the accounts of troubled Italian lender Monte...
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3.9KEditors ChoiceTroubled Non-Bank Mortgage Servicer Ditech Holding is Purchased by two Companies that Lead Back to Wall Street and Softbank. Not Only Getting a Steal of a Deal, The Courts are Already Expeditiously Foreclosing in Ditech Name as Soon As the Sale Was Announced.
Ditech is purchased for a snip by Japan's SoftBank, which leads you back to all the favorite foreclosure Bankers and Non-Banks. From...
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5.6KDeed of TrustForeclosure Mill Barrett Daffin Frappier Turner & Engel, LLP now calling themselves BDF Law Group are also known Lobbyists in Texas. Here’s a Reminder of How Texas Still Allows its Citizens Homes to be Illegally Impounded and Sold by a Criminal Enterprise
Overseeing a case last year involving James Patrick Allen, a homeowner in Victoria, Tex., Judge Steen examined BDF Law Group's conduct in...
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2.7KAccelerationTexas Appellate Courts are Not Following the Rule of Law on Standing in Foreclosure Judgments. Banks Who Lack Standing are Being Allowed to Foreclose With the Courts Complicit in Deception and Fraud
These were all cases where the foreclosure was sought by a bank that was not the original lender. In the vast majority...
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1.9KEditors ChoiceTexas Bank Goes Up In Flames Around Accusations of Paper Burning and Fraud, Resulting in a $27M loss for the FDIC and it’s First Bank Closure since 2017
Regulators had to close the bank due to insider abuse and fraud by former officers, Texas Banking Commissioner Charles Cooper said in...
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2.1KBankruptcyWoman Commits Mortgage Fraud by Overstating Income and Modifying Bank Account Records and is Sent to Prison for 30 Months. IndyMac Bank (Deutsche Bank) Add $125k Imaginary Income On a Mortgage Application to enable Securitization Sale Not Charged with a Crime
The district court reviewed this document at sentencing and found it pellucid that Deutsche Bank was taking an assignment as a trustee...
