All posts tagged "mortgages"
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2.3K1AccelerationThe Court of Appeals for the Eighth Circuit Applied Common Sense by Using Simple Math in this Opinion; But this Yale Law Professor’s Article is Written Like a Creditor Rights Attorney
Seriously, this guy is teaching our next legal generation(s). Stephen L. Carter of Yale. Well, he does tell the law students They...
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2.8KDebt 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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2.3K1Deutsche BankWhile the General Public is Ignorantly Unaware and Uneducated, the Wolves of Wall Street Are Blatantly Making A Killing at Their Expense
The Federal Reserve was the first to suggest that private equity firms were the one group with cash on hand to invest...
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2.9K1Deutsche BankDeutsche Bank Walked Away from its $7.2 Billion Dollar Homeowner Restitution Agreement with the DOJ and Nobody Blinked an Eye
‘Deutsche’s conduct was among the worst'; On the eve of the financial crisis, Deutsche Bank was the world’s third-largest issuer of residential...
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5.9KFederal JudgesJudge 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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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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1.1KNewsDeutsche Bank Foreclosure Tossed on Appeal in Favor of Homeowners…But It’s Not a Texas Court Ruling
The notice of default, however, was not issued by Ocwen. Rather, the notice was issued and at least initially maintained by the...
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1.4KForeclosuresA Hedge Fund Makes Billions Off Americans’ Underwater Mortgages
Fortunes were made on Wall Street betting against sketchy mortgages before the housing bust a decade ago. In its aftermath, one firm...
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1.6KEditors ChoiceEditors Choice: From the Trenches, a Lawyers Opinion
WE must take responsibility for our economy and become, first more educated, and secondly, more opinioned clients of financial providers as opposed...
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1.7KEditors ChoiceEditors Choice: Deutsche Bank and Ocwen Loan Servicing LLC Foreclosure Defeated by Homeowners in Mobile, Alabama
A $400,000 jury verdict for a husband and wife after their home was wrongfully foreclosed on by Deutsche Bank National Trust Company...
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1.2KFifth CircuitA ‘Protracted’ Litigation Ends with a Curt Opinion
Aggressive Opinions from the Fifth Circuit are on the rise in 2018 as they seek to clear the docket for another year....
