by Fraud Stoppers Admin | Jul 10, 2017 | Foreclosure Defense News, Tactics, and Tips
MERS Lacks Legal Authority and Public Accountability Findsen Law Harvard Amicus Brief on MERS Some of the best quotes, Mortgage servicing companies, banks, courts and government agencies have all expressed astonishment at the extent to which MERS database is...
by Fraud Stoppers Admin | Jun 30, 2017 | Foreclosure Defense News, Tactics, and Tips
Homebuyers lose life savings during wire fraud transaction, sue Wells Fargo, realtor & title company DENVER – A Colorado couple, who lost their life savings while trying to buy their dream retirement home, has filed suit against Wells Fargo Bank, Land Title...
by Fraud Stoppers Admin | Jun 29, 2017 | Foreclosure Defense News, Tactics, and Tips
Banks Accused Of Pocketing $240M In Foreclosure Billings To US Banks Accused Of Pocketing $240M In foreclosure billings To US. Bank of America, Wells Fargo, JPMorgan Chase and Citigroup are accused of scamming U.S. agencies out of some $240 million in a False Claims...
by Fraud Stoppers Admin | Jun 29, 2017 | Foreclosure Defense News, Tactics, and Tips
California moves forward on letting customers sue banks, inspired by Wells Fargo California took another step on Tuesday toward allowing state residents to sue banks and financial institutions for fraud, rather than letting banks force customers to settle disputes in...
by Fraud Stoppers Admin | Jun 20, 2017 | Foreclosure Defense News, Tactics, and Tips
AIG breaks into mortgage securitization big-time with high quality first offering When American International Group sold its mortgage-guaranty unit United Guaranty to Arch Capital Group last year, the company said that it planned to turn to residential mortgages to...
by Fraud Stoppers Admin | Jun 19, 2017 | Foreclosure Defense News, Tactics, and Tips
CenturyLink Is Accused of Running a Wells Fargo-Like Scheme A former CenturyLink Inc. employee claims she was fired for blowing the whistle on the telecommunications company’s high-pressure sales culture that left customers paying millions of dollars for accounts they...
by Fraud Stoppers Admin | Jun 16, 2017 | Foreclosure Defense News, Tactics, and Tips
JPMorgan Chase Is Biased Against Dads, ACLU Complaint Says The American Civil Liberties Union is accusing JPMorgan Chase & Co. of violating the Civil Rights Act by discriminating against fathers when they ask for parental leave. The ACLU filed its complaint...
by Fraud Stoppers Admin | Jun 15, 2017 | Foreclosure Defense News, Tactics, and Tips
Wells Fargo Is Accused of Making Improper Changes to Mortgages Even as Wells Fargo was reeling from a major scandal in its consumer bank last year, officials in the company’s mortgage business were putting through unauthorized changes to home loans held by customers...
by Fraud Stoppers Admin | Jun 14, 2017 | Foreclosure Defense News, Tactics, and Tips
Bank of America agrees to pay $2M over customer recorded calls SAN DIEGO – Bank of America will pay nearly $2 million to settle a lawsuit alleging it violated state law by failing to timely disclose its automatic recording of phone calls with members of the public,...
by Fraud Stoppers Admin | Jun 12, 2017 | Foreclosure Defense News, Tactics, and Tips
How you can find favor with judges Get your way the Right Way! Having a judge rule against you because he doesn’t “like” you isn’t a good thing! It helps to have the judge “on your side”. But! There’s only ONE WAY to get a...
by Fraud Stoppers Admin | Jun 8, 2017 | Foreclosure Defense News, Tactics, and Tips
CFPB Is Probing Wells Fargo’s Mortgage Practices The Consumer Financial Protection Bureau is conducting an investigation into alleged improprieties in Wells Fargo’s mortgage fee practices. The CFPB is looking into allegations, first reported by ProPublica in January,...
by Fraud Stoppers Admin | Jun 6, 2017 | Foreclosure Defense News, Tactics, and Tips
Deutsche Bank reaches $95 million RMBS settlement with Maryland The state of Maryland announced last week that it reached a $95 million settlement with Deutsche Bank over claims that Deutsche Bank misled investors about its securitization and sale of residential...
by Fraud Stoppers Admin | Jun 1, 2017 | Foreclosure Defense News, Tactics, and Tips
Earlier this year, reports began to emerge that New York City was considering becoming the next in a string of cities and states that cut ties with Wells Fargo in the wake of the bank’s fake account scandal. And Wednesday, that’s exactly what happened, as New York...
by Fraud Stoppers Admin | May 31, 2017 | Foreclosure Defense News, Tactics, and Tips
Federal Reserve Board announces $41 million penalty and consent cease and desist order against Deutsche Bank AG The Federal Reserve Board on Tuesday announced a $41 million penalty and consent cease and desist order against the U.S. operations of Deutsche Bank AG for...
by Fraud Stoppers Admin | May 30, 2017 | Foreclosure Defense News, Tactics, and Tips
FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 30, 2017 Settlements on Appeal Joseph L.S. St. Amant The Dispute Resolution Pyramid Table 18, Page 76 of THE INSIDER’S GUIDE TO FIFTH CIRCUIT INTERNAL PROCEDURES Everybody understands that...
by Fraud Stoppers Admin | May 26, 2017 | Foreclosure Defense News, Tactics, and Tips
Wells Fargo Must Fully Compensate Victims in Account-Scandal Settlement SAN FRANCISCO (CN) – Wells Fargo must guarantee full compensation and credit history repairs for an estimated 2.73 million victims of its sham accounts scandal before a judge will approve a...
by Fraud Stoppers Admin | May 25, 2017 | Foreclosure Defense News, Tactics, and Tips
California district court upholds constitutionality of CFPB A U.S. district court judge in the Central District of California defended the constitutionality of the Consumer Financial Protection Bureau after rejecting multiple challenges to the bureau’s authority to...
by Fraud Stoppers Admin | May 24, 2017 | Foreclosure Defense News, Tactics, and Tips
Wells Fargo scandal may force New York City to find new bank City rules may require New York to yank its deposits from Wells Fargo, one of 20 banks approved to hold the city’s cash. A commission is set to meet next week to decide which banks are approved for city...
by Fraud Stoppers Admin | May 23, 2017 | Foreclosure Defense News, Tactics, and Tips
FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 23, 2017 Revised UCC Article 9, IRC 1031 Like Kind Exchange Transactions, and Liens on Real Property. Did the lien’s beneficial interest maintain perfection, and was it therefore eligible to be...
by Fraud Stoppers Admin | May 23, 2017 | Foreclosure Defense News, Tactics, and Tips
Citigroup Agrees to $97.4 Million Settlement in Money Laundering Inquiry But no jail time… For years, Citigroup employees feared that millions of dollars the bank was moving to Mexico might be suspicious. Yet in many cases, the bank did not alert regulators or step up...
by Fraud Stoppers Admin | May 19, 2017 | Foreclosure Defense News, Tactics, and Tips
TOPICS:CorruptionJanet PhelanJustice May 17, 2017 By Janet Phelan Las Vegas. These words conjure up visions of glitz, glam, glitter and fabulous wealth. And behind Vegas’s casino culture have always lurked rumors of laundered money and organized crime. The Mob’s...
by Fraud Stoppers Admin | May 19, 2017 | Foreclosure Defense News, Tactics, and Tips
$142M Wells Fargo Deal Moves Forward Despite Objections SAN FRANCISCO (CN) – A federal judge said Thursday he will likely approve a $142-million Wells Fargo settlement, despite objections that the deal lets the bank off easy for opening millions of unauthorized...
by Fraud Stoppers Admin | May 18, 2017 | Foreclosure Defense News, Tactics, and Tips
HSBC : settles bondholders’ claims of Libor manipulation HSBC Holdings Plc has settled claims by a group of U.S. bondholders that it conspired with rivals to rig the Libor benchmark interest rate, according to a New York court filing on Monday by the bondholders’...
by Fraud Stoppers Admin | May 17, 2017 | Foreclosure Defense News, Tactics, and Tips
Bad news for Wells Fargo… Housingwire: The city of Philadelphia announced Monday that it is suing Wells Fargo for alleged discriminatory lending practices against minority borrowers. Philadelphia’s announcement specifically cites the recent Supreme Court decision,...
by Fraud Stoppers Admin | May 16, 2017 | Foreclosure Defense News, Tactics, and Tips
FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 16, 2017 From THE PAPER CHASE, Pages 50-51, Adam Levitin. “Even in cases in which there is not a preexisting junior mortgage on the same property, the depositor lapse in MERS’s common-agency system...
by Fraud Stoppers Admin | May 15, 2017 | Foreclosure Defense News, Tactics, and Tips
Supreme Court rules cities can sue banks for predatory lending Hands partial victory to Miami in suits against Bank of America, Wells Fargo The Supreme Court handed down a landmark ruling, stating cities can sue banks for discriminatory mortgage lending practices, but...
by Fraud Stoppers Admin | May 13, 2017 | Foreclosure Defense News, Tactics, and Tips
Wells Fargo bogus accounts balloon to 3.5 million: lawyers Wells Fargo & Co may have opened as many as 3.5 million unauthorized customer accounts, far more than previously estimated, according to lawyers seeking approval of a $142 million settlement over the...
by Fraud Stoppers Admin | May 12, 2017 | Foreclosure Defense News, Tactics, and Tips
Texas orders Ocwen to stop acquiring new mortgage servicing rights The Texas Department of Savings and Mortgage Lending recently ordered Ocwen Financial Corporation to cease and desist, adding its name to a growing list of states and regulators coming after the...
by Fraud Stoppers Admin | May 9, 2017 | Foreclosure Defense News, Tactics, and Tips
MERS wins in four Pennsylvania county lawsuits The Commonwealth Court of Pennsylvania, by a majority opinion, ruled in MERS’ favor in four lawsuits filed by the Recorders of four Pennsylvania Counties (Delaware, Berks, Bucks and Chester), locking in another victory...
by Fraud Stoppers Admin | May 9, 2017 | Foreclosure Defense News, Tactics, and Tips
New York Court Quietly Moves to Toss Out Hundreds of Foreclosure Cases BROOKLYN — Kings County Supreme Court is about to quietly dismiss thousands of foreclosure cases on Tuesday — in what lawyers say will deal a severe blow to homeowners with pending cases. The court...
by Fraud Stoppers Admin | May 6, 2017 | Foreclosure Defense News, Tactics, and Tips
Judge Skewers Wells Fargo at Hearing on Phony-Accounts Scandal SAN FRANCISCO (CN) — A federal judge Thursday appeared skeptical of Wells Fargo’s claim that its board of directors was unaware of the scope of the phony accounts scandal that already has cost the bank...
by Fraud Stoppers Admin | May 6, 2017 | Foreclosure Defense News, Tactics, and Tips
Chinese group becomes biggest shareholder of Deutsche Bank as investors revolt Conglomerate HNA has upped its stake in the bank to 9.92 percent as a result of a voting rights announcement and share package worth £2.8billion (€3.4bn). The Chinese have replaced the...
by Fraud Stoppers Admin | May 5, 2017 | Foreclosure Defense News, Tactics, and Tips
Co-Defendant Likely To Testify Against Ill. Judge, Feds Say By Diana Novak Jones Law360, Chicago (May 4, 2017, 5:10 PM EDT) — The co-defendant of an Illinois state judge charged with running a $1.4 million mortgage fraud scheme is cooperating with the government...
by Fraud Stoppers Admin | May 4, 2017 | Foreclosure Defense News, Tactics, and Tips
How the FHA May Impact the Supreme Court Foreclosure Ruling In a 5-3 decision on Monday, the U.S. Supreme Court determined that cities can sue banks over lost tax revenue on foreclosed properties from urban blight. Law360 reported that Miami has the standing to sue...
by Fraud Stoppers Admin | May 3, 2017 | Foreclosure Defense News, Tactics, and Tips
Massachusetts sues Ocwen for “abusive” mortgage servicing practices Ocwen fought back against Massachusetts’ regulations, asking a court to restrain the state’s cease and desist order because it would “cause significant harm” to its customers in the state. But, the...
by Fraud Stoppers Admin | May 3, 2017 | Foreclosure Defense News, Tactics, and Tips
The city of Philadelphia just gave Wells Fargo its walking papers Wells Fargo has lost the contract it held for Philadelphia’s $2 billion payroll account. The bank’s public standing continues to suffer even as it has sought to correct problems tied to the fake-account...
by Fraud Stoppers Admin | May 2, 2017 | Foreclosure Defense News, Tactics, and Tips
FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 2, 2017 The following snippets are from the affidavit of Walker F. Todd an attorney and legal officer for the legal Departments of the Federal Reserve Banks of New York and Cleveland. Banks are...
by Fraud Stoppers Admin | May 2, 2017 | Foreclosure Defense News, Tactics, and Tips
Miami Lawsuit Against Mortgage Lenders Survives High- Court Review WASHINGTON — The Supreme Court handed a partial victory to the city of Miami Monday, ruling it was authorized to bring lawsuits alleging Bank of America Corp. and Wells Fargo & Co. engaged in...
by Fraud Stoppers Admin | May 2, 2017 | Foreclosure Defense News, Tactics, and Tips
UBS, BNP, RBS get subpoenas in U.S. Treasuries probe – Bloomberg U.S. federal prosecutors subpoenaed several banks last month as part of a criminal investigation into possible manipulation of the U.S. Treasuries market, Bloomberg reported on Monday. The banks include...
by Fraud Stoppers Admin | May 1, 2017 | Foreclosure Defense News, Tactics, and Tips
Kentucky Law Journal Article Cites Accountability for Lawyers Who Wrote Securitization Documents Posted on April 27, 2017 by Neil Garfield “Back at the beginning of creating the false pyramid of “Securitization” 9 lawyers in the New York metropolitan area...
by Fraud Stoppers Admin | Apr 29, 2017 | Foreclosure Defense News, Tactics, and Tips
OCWEN FILES MOTIONS FOR RESTRAINING ORDERS AND INJUNCTIONS AGAINST ILLINOIS AND MASSACHUSETTS MORTGAGE REGULATORS WEST PALM BEACH, Fla., April 25, 2017 (GLOBE NEWSWIRE) — Ocwen Financial Corporation, (NYSE:OCN) (Ocwen or the Company), today announced the filing of two...
by Fraud Stoppers Admin | Apr 27, 2017 | Foreclosure Defense News, Tactics, and Tips
Ocwen Financial is pulling a PHH. Just as PHH did recently, Ocwen is playing the unconstitutional card in its fight against the Consumer Financial Protection Bureau, asking the United States District Court for the Southern District of Florida to declare the CFPB...
by Fraud Stoppers Admin | Apr 26, 2017 | Foreclosure Defense News, Tactics, and Tips
The Office of the Comptroller of the Currency announced Tuesday that it is ordering U.S. Bank National Association to pay a civil penalty of $15 million for what it calls “bankruptcy filing violations” that occurred between 2009 and 2014. According to the OCC, an...
by Fraud Stoppers Admin | Apr 25, 2017 | Foreclosure Defense News, Tactics, and Tips
65 SIGNS THAT YOUR FORECLOSURE DOCUMENTS COULD BE FRAUDULENT The Mortgage or Deed of Trust is assigned from the Originator directly to the Trustee for the Securitized Trust. 2. The Mortgage or Deed of Trust is assigned months and sometimes years after the...
by Fraud Stoppers Admin | Apr 25, 2017 | Foreclosure Defense News, Tactics, and Tips
Housingwire: Maryland’s action, taken by the state’s Commissioner of Financial Regulation, is, in the words of a HousingWire tipster, a “doozy.” Maryland’s cease-and-desist order, which can be read in full here, presents a laundry list of Ocwen’s supposed failings,...
by Fraud Stoppers Admin | Apr 24, 2017 | Foreclosure Defense News, Tactics, and Tips
If Ocwen is (or was) Your Servicer Take Action Now! Ocwen has admitted that its mortgage servicing policies and loan processing systems are a “train wreck”. As regulators and the Consumer Fraud Protection Bureau (CFPB) set their sights Ocwen, we recommend that FRAUD...
by Fraud Stoppers Admin | Apr 23, 2017 | Foreclosure Defense News, Tactics, and Tips
Trump signs memorandum on Dodd-Frank’s orderly liquidation authority Housingwire: Unlike a broader past executive order designed to roll back the Dodd-Frank Wall Street Reform Act, the landmark legislation passed in wake of the financial crisis, Friday’s executive...
by Fraud Stoppers Admin | Apr 23, 2017 | Foreclosure Defense News, Tactics, and Tips
Massachusetts put Ocwen out of business. Here are the rest of the states.. Housingwire: Below is a list of the remaining states with relevant passages about each state’s restrictions on Ocwen: Arkansas – Arkansas Securities Commissioner, B. Edmond Waters, issued a...
by Fraud Stoppers Admin | Apr 21, 2017 | Foreclosure Defense News, Tactics, and Tips
CFPB, Florida Sue Ocwen For Mortgage Servicing Issues Share us on: By Evan Weinberger Law360, New York (April 20, 2017, 5:02 PM EDT) — The Consumer Financial Protection Bureau on Thursday sued mortgage servicer Ocwen Financial Corp. in Florida federal...
by Fraud Stoppers Admin | Apr 21, 2017 | Foreclosure Defense News, Tactics, and Tips
Wow! There were multiple red flags and missed signals at the OCC for years, the bank’s main regulator, the report said. Most tellingly, bank examiners assigned to review Wells Fargo were aware of approximately 700 whistle-blower complaints related to “gaming of...
by Fraud Stoppers Admin | Apr 21, 2017 | Foreclosure Defense News, Tactics, and Tips
Liberty, Justice, & The Rule of Law I have a T-shirt that says “Freedom is not Free!” Patrick Henry said, “Give me Liberty or give me death!” Liberty is what we seek. • Liberty to own a home. • Liberty to run a business. • Liberty...
by Fraud Stoppers Admin | Apr 20, 2017 | Foreclosure Defense News, Tactics, and Tips
If you are in foreclosure and you have a loan with Wells Fargo you should know that a federal regulator on Wednesday criticized its oversight of Wells Fargo’s sales practices, saying it failed to act quickly enough once it learned of problems at the San Francisco...
by Fraud Stoppers Admin | Apr 18, 2017 | Foreclosure Defense News, Tactics, and Tips
David Dayen Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud Hardcover – May 17, 2016 Click on book to purchase it right now! A Texas jury’s recent decision to award over $5 million in damages and fees for the...
by Fraud Stoppers Admin | Apr 18, 2017 | Foreclosure Defense News, Tactics, and Tips
FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update April 18, 2017 100 INTRODUCTORY FACTS ABOUT MORTGAGE SECURITIZATION By LYNN E. SZYMONIAK, ESQ., ED., Fraud Digest (www.frauddigest.com) LISA EPSTEIN, www.foreclosurehamlet.org 1. Most mortgages in the...
by Fraud Stoppers Admin | Apr 18, 2017 | Foreclosure Defense News, Tactics, and Tips
Nuns Take On Wells Fargo In an insightful song about outlaws, Woody Guthrie wrote this verse: “As through this world I travel / I see lots of funny men / Some’ll rob you with a 6-gun / Some with a fountain pen.” The fountain pens are doing the serious stealing these...
by Fraud Stoppers Admin | Apr 18, 2017 | Foreclosure Defense News, Tactics, and Tips
HSBC to pay $2 million to resolve U.S. civil loan fraud lawsuit HSBC Holdings Plc has agreed to pay about $2 million (1.60 million pounds) to settle a civil fraud lawsuit that alleged the bank improperly attempted to get reimbursement from the federally backed U.S....
by Fraud Stoppers Admin | Apr 17, 2017 | Foreclosure Defense News, Tactics, and Tips
Local vet urges changes in Dept of Veterans Affairs rules on foreclosures SPARROWBUSH – Any day now, DJ Gonzalez will be escorted out of his home, and the doors will be locked behind him. Gonzalez, a 62-year-old Vietnam War veteran, is on the verge of homelessness,...
by Fraud Stoppers Admin | Apr 17, 2017 | Foreclosure Defense News, Tactics, and Tips
Preparing for Hearings or Trial … Whether you’re training for the Olympics or trying to win a case in court, winners know they must exercise, prepare themselves, and be ready for competition. Most court cases can be won before trial. Our course will show...
by Fraud Stoppers Admin | Apr 14, 2017 | Foreclosure Defense News, Tactics, and Tips
OneWest Bank, the mortgage servicer previously owned by Treasury Secretary Steven Mnuchin, has been accused by homeowner groups of a type of foreclosure abuse involving lender-placed, or force-placed, insurance. Mortgage servicers are able to force insurance policies...
by Fraud Stoppers Admin | Apr 13, 2017 | Foreclosure Defense News, Tactics, and Tips
September 13, 2007 John Stumpf Wells Fargo Company 420 Montgomery St San Francisco CA 94301 Dear Sir, I sincerely regret the circumstances under which I am corresponding, Nine months ago, I reported unethical (and illegal) activity to Wells Fargo Regional Bank,...
by Fraud Stoppers Admin | Apr 13, 2017 | Foreclosure Defense News, Tactics, and Tips
A federal judge won’t dismiss a Waynesboro’s couple lawsuit against Wells Fargo National Bank and two other companies alleging “deceptive, fraudulent and unconscionable” sales practices. Although U.S. District Judge Daniel Jordan III refused to dismiss Archie and...
by Fraud Stoppers Admin | Apr 11, 2017 | Foreclosure Defense News, Tactics, and Tips
70 MILLION MORTGAGES ARE LEGALLY VOID! DO YOU HAVE ONE OF THEM? BANKS AND WALL STREET TRUSTS HELD ACCOUNTABLE FOR WRONGFUL ASSIGNMENT OF DEEDS OF TRUST! General Overview: Upwards of 70 million mortgage-loan-contracts are legally faulty. It has now been...
by Fraud Stoppers Admin | Apr 11, 2017 | Foreclosure Defense News, Tactics, and Tips
Wells Fargo blames former retail division head for Wells Fargo sales scandal The report, carried out by board Chairman Stephen Sanger and three other independent directors and released to media on Monday, said former retail division head Carrie Tolstedt ignored the...
by Fraud Stoppers Admin | Apr 10, 2017 | Foreclosure Defense News, Tactics, and Tips
You CAN Control Judges! Learn how to show the judge an appellate court will reverse his decisions on appeal if he doesn’t rule in your favor. Otherwise, the judge will rule as he pleases. If you let the judge think you don’t know how to appeal, or...
by Fraud Stoppers Admin | Apr 8, 2017 | Foreclosure Defense News, Tactics, and Tips
Here’s why Wells Fargo forces its customers into arbitration: It wins most of the time The fine print: portion of an arbitration clause from a Wells Fargo credit card agreement, which binds the customer to arbitrate almost any dispute with the bank and forbids...
by Fraud Stoppers Admin | Apr 6, 2017 | Foreclosure Defense News, Tactics, and Tips
MISSOULA, Mont. (AP) — The Missoula City Commission has voted to pull $2.6 million of the city’s money from Wells Fargo accounts because the bank is invested in the Dakota Access Pipeline and because employees opened fraudulent customer accounts to generate fees and...
by Fraud Stoppers Admin | Apr 5, 2017 | Foreclosure Defense News, Tactics, and Tips
How to Control Corrupt Courts, Judges, and Lawyers! Law school teaches all sorts of things … but not how to control judges nor how to overcome scheming tricks of crooked lawyers! Law school is not the real world. Law professors are too politically correct to...
by Fraud Stoppers Admin | Apr 4, 2017 | Foreclosure Defense News, Tactics, and Tips
To Sue, or Not to Sue, that is the question! If you have legal standing to sue your lender or loan servicer for mortgage or foreclosure fraud you should sue because you have a moral and legal obligation to do so. If you read the Borrowers Covenants Clause of...
by Fraud Stoppers Admin | Apr 3, 2017 | Foreclosure Defense News, Tactics, and Tips
New York Court finds foreclosure past statutes of limitations and cancels Mortgage: Costa v. Deutsche Bank costa-v-deutsche-bank-2017-03-29 New York enforces the statute of limitations for debt collection including mortgages. A federal judge has granted two New...
by Fraud Stoppers Admin | Apr 3, 2017 | Foreclosure Defense News, Tactics, and Tips
“Franz Kafka lives… he works at Bank of America.” Judge Christopher Klein’s words kick off an incredible ruling in a federal bankruptcy court in California last week, condemning Bank of America for a long nightmare of a foreclosure against a couple...
by Fraud Stoppers Admin | Mar 31, 2017 | Foreclosure Defense News, Tactics, and Tips
A federal judge on Thursday said Wells Fargo & Co (WFC.N) must face litigation seeking to hold it responsible for billions of dollars of claimed investor losses stemming from its alleged failures as a trustee overseeing risky residential mortgage-backed...
by Fraud Stoppers Admin | Mar 30, 2017 | Foreclosure Defense News, Tactics, and Tips
Which is peanuts.. Earlier Tuesday, Wells Fargo announced that its Community Reinvestment Act rating is being downgraded by the Office of the Comptroller of the Currency, due in part to the bank’s fake account scandal that led to a $185 million fine from the Consumer...
by Fraud Stoppers Admin | Mar 30, 2017 | Foreclosure Defense News, Tactics, and Tips
Bank of America must pay $46 million for improperly foreclosing on a California couple’s home in 2010. U.S. Bankruptcy Court Judge Christopher Klein levied [PDF] the judgement against the bank this week, calling Bank of America’s actions in foreclosing on the...
by Fraud Stoppers Admin | Mar 28, 2017 | Foreclosure Defense News, Tactics, and Tips
For more than two years, Ocwen Financial has been prohibited from acquiring new mortgage servicing rights in bulk, thanks to the company’s $150 million settlementwith the New York Department of Financial Services. The news got a little better earlier this year when...
by Fraud Stoppers Admin | Mar 26, 2017 | Foreclosure Defense News, Tactics, and Tips
Petition for Permanent Moratorium for Foreclosures for Service Members, Veterans, and Military Retirees Dear friends, I wanted to let you know about a new petition I created on We the People, a new feature on WhiteHouse.gov, and ask for your support. Will you add your...
by Fraud Stoppers Admin | Mar 23, 2017 | Foreclosure Defense News, Tactics, and Tips
I’m passing this link out for people to sign. We need 100,000 signatures in order for the petition to be reviewed. It’s calling for an investigation into the unlawful foreclosures in the State of Washington. Please pass on……. Thank-you for...
by Fraud Stoppers Admin | Mar 22, 2017 | Foreclosure Defense News, Tactics, and Tips
The president of the Federal Reserve Bank of New York told the Banking Standards Board in London on Tuesday that he sees quite a few similarities between the Wells Fargo fake account scandal and the subprime mortgage crisis of the late 2000’s. New York Fed President...
by Fraud Stoppers Admin | Mar 21, 2017 | Foreclosure Defense News, Tactics, and Tips
So today I was reviewing the leads in our CRM and I noticed that one of the leads (for a Mr. Gerald G) had a sales call with one of our sales reps and our senior licensed Private Investigator yesterday (Monday 03/21/17 at 4:10pm CST). I noticed that a sales agreement...
by Fraud Stoppers Admin | Mar 21, 2017 | Foreclosure Defense News, Tactics, and Tips
Cash that flowed from Russia through a vast money-laundering network sometimes ended up passing through the world’s largest banks, with U.K. firms including HSBC Holdings Plc handling almost $740 million, the Guardian reported, citing a cache of financial records it...
by Fraud Stoppers Admin | Mar 21, 2017 | Foreclosure Defense News, Tactics, and Tips
ST. LOUIS • A 97-year-old St. Louis man who ran a jewelry repair shop downtown for decades after emigrating from Hungary believes Bank of America has cheated him out of more than $77,000 of his retirement money. Karlo Tanko, a widower who lives in the city’s Boulevard...
