All posts tagged "mortgage servicing"
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825Debt CollectorTeacher and Firefighter Provide Affidavits Which Tell You Nothing Has Changed Post 2008 Financial Crisis
Selene Finance are pullin' all the same customer service scams that were prevalent in 2008. Fourteen Years later, nothing has changed.
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1.6KAppellate JudgesEleventh Circuit: Federal Judge Abused His Powers By Documented Perjury, But He Can Still Preside Over Case
A 3-Panel consisting of familiar Judges Charles Wilson, Kevin Newsom and R Lanier Anderson defies logic and the law in this perverted...
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831BankersFirst Mortgage Co. Founder Sentenced to 104 Months in Prison for Financial Institution Fraud (FIF)
Banker Ronald McCord pleaded guilty to fraudulent conduct to live a lavish lifestyle, which resulted in $95M+ in losses.
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1.5KAppellate CircuitThe Big Question is Asked of The Court of Appeals for the Eleventh Circuit
The scope of judicial immunity in the Eleventh Circuit is now made clear. Judicial immunity is complete, unqualified, and without exception.
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952BankruptcyRewind 2008: Former Chief Judge Slams Mortgage Servicers. How That Message Was Immediately Extinguished.
"As part of its default services, LPS executed Affidavits of Default in support of Motions... In fact, it is a sham." -...
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1.9KMortgage ServicersMr Cooper Divorces from Beaverton, Oregon at a cost of 1,600 promised Jobs and Nearly a Million Dollars in Subsidies
Mr Cooper, a Texas based loan servicing company that once promised more than 1,600 Oregon jobs in exchange for a $900,000 public...
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2.4KAccelerationCFPB’s Consent Order Confirms the Premeditated Plan to Unlawfully Evict Millions of Homeowners In America By the Bankers and Government for Financial Greed
By 2011, Flagstar Bank FSB had 13,000 active loss mitigation applications versus 25 full-time employees in the loss mitigation department and a...
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2.7KDebt CollectorNew Residential (NRZ) and that OCWEN Connection
New Residential has a different focus compared to most mREITs, as it invests a large amount of its money into MSRs and...
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1.4KMortgage ServicersOneWest Bank paid 24 percent of the Loan Book Value to purchase Mortgage Servicing rights of IndyMac after 2008 Bank failure
After IndyMac collapsed in 2008, the receiver/conservator from the FDIC negotiated a sweet deal for Steve Mnuchin to purchase the loan book...
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1.9KMortgage Servicers
Nationstar (Texas) is another Mortgage Servicer who Bought Loans after the 2008 Crash Rebrands to Mr Blooper, no Mr Cooper
According to the CFPB, Nationstar’s $1.75 million fine is the largest HMDA civil penalty ever imposed by the CFPB. The size of...
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1.4KMortgage ServicersMetLife Home Loans LLC is another Lender Based in the Foreclosure Mill Zone of Irving, Texas with a Felonious History
MetLife Home Loans LLC, Successor to MetLife Bank N.A., to Pay $123.5 Million to Resolve Alleged Federal Housing Administration Mortgage Lending Violations
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1.7KMortgage ServicersColonial Savings Couldn’t care Sweet FA about Maintaining Flood Insurance for Home Loans
The image above shows that Colonial Savings FA, bought Mortgage Servicing rights from loans after the financial collapse in 2008. It paid...
