All posts tagged "fraud"
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1.8KDeutsche BankWhen a Bank Asks A Court to Find For Loan Application Fraud vs. When a Homeowner Asks the Court to Find for Loan Application Fraud
An attorney for the Banc of California told a judge Thursday that his client is seeking a default judgment against the former...
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2.1KAppellate CircuitFifth Circuit Toss WhistleBlower’s Case Against Banks (of Course) Citing Lack of Evidence and the Complainant is Not the “Original Source”
Edward Hendrickson, a former fraud investigator in the Department of Veterans Affairs (VA) Office of the Inspector General, alleged 15 banks knowingly...
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5.1KCFPBA Shell Sham Attorney and Non Attorney CFPB Case In FLSD Court is Settled Only for the Related ‘Of Counsel’ (Attorney Michael Herskowitz) to be Indicted in NY For Mortgage and Foreclosure Fraud
Since 2015, attorney Herskowitz has been implicated in at least two other schemes targeting borrowers in foreclosure in Florida and Queens. He...
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3.5KFederal LawWhen You Get a Million Dollar Settlement in a Patent Case, Don’t Evade Paying Your Taxes on the Reported Settlement or the IRS Will Indict You and Your Crooked Lawyer
According to the indictment, Thomas and Michelle Selgas, a married couple, conspired with John O. Green, an attorney licensed to practice in...
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1.5KAccelerationConsumer Finance Protection Bureau Targeted Debt Collecting Lawyers Under ex-CFPB Director Richard Cordray
In the words of CFPB Director Richard Cordray, These wolves in sheep’s clothing [lawyers] take money from consumers who are already struggling...
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2.9KCFPBAfter 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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2.5KEditors 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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3.1KDebt 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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3.7KDebt 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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3.4KAccelerationImagine 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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1.9K1AccelerationOcwen 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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2.3KDebt 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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1.5KMortgage 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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4.5K1AccelerationLeon “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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2.9KAccelerationOcwen’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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4.1K1Deutsche 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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3.7K1Donald 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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2.3K1Donald 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,...
