Daily News related to the Foreclosure Crisis

The biggest unpunished heist in human history - Max Keiser

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Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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12/22/16

Worcester’s woes: Foreclosures on the rise"

Worcester Magazine


Worcester’s woes: Foreclosures on the rise
The holidays are supposed to be relaxing and filled with joy from the company of family and friends. You’re supposed to travel from house to house enjoying one another and the place that brings you together — home. For far too many, however, the holidays are just another day spent worrying, if, and when, they will lose their home. The collapse of the housing market in 2008 left many lives in ruins and many families without their most personal and prized possession: their home...

12/16/16

Democrats solicit complaints about Steve Mnuchin, the "foreclosure king"

Housing Wire


Building case against Trump's Treasury secretary nominee?
Senate Democrats, led by Sen. Elizabeth Warren, D-Mass., appear to be showing their hand a bit on how they plan to handle the confirmation hearing of one of President-elect Donald Trump’s top cabinet nominees. On Friday, Warren took to Twitter to unleash one ...

12/13/16

MAAPL Hosts Free December Foreclosure Defense Clinics

MAAPL – The Massachusetts Alliance Against Predatory Lending


MAAPL Hosts Free December Foreclosure Defense Clinics Posted on December 13, 2016 by MAAPL NOTE: More clinics are planned throughout December—please check this post frequently for additional clinic dates and locations! The Mass. Alliance Against Predatory Lending (MAAPL) is hosting a series of free legal clinics across Massachusetts in December for homeowners who were foreclosed in 2014 or earlier. These clinics will help homeowners to complete the paperwork necessary to file an affidavit with the Registry of Deeds and understand the recording process. Foreclosed homeowners face a deadline on Friday, December 30th, 2016 to file paperwork to preserve their right to regain their home...

12/06/16

Sen. Merkley intros bill to give Wells Fargo victims day in court

Justice League


Sen. Jeff Merkley, D-Ore., announced Monday that he has joined 14 of his colleagues to introduce legislation, the Justice for Victims of Fraud Act of 2016, to give Wells Fargo customers who were victims of a fraudulent account scheme their day in court.

12/05/16

The foreclosure nightmare continues in New Jersey

Justice League


New Jersey has a lot of zombie homes. Perhaps that’s not unusual for a state that seems to observe Halloween as a national holiday, preparing for more than two months, then celebrating in just two hours on Oct. 31.

12/04/16

Fed official stands by Wall Street reforms, says must complete work

Justice League


The United States “absolutely must” complete unfinished work ending the too-big-to-fail bank problem that helped plunge the global economy into recession eight years ago, an influential Federal Reserve policymaker said on Saturday.

12/02/16

Allied Home Mortgage, CEO Jim Hodge ordered to pay $92 million for FHA fraud

Housing Wire


Jury hands victory to U.S., which initially wanted $834 million.

12/02/16

Steve Mnuchin: Evictor, Forecloser and Our New Treasury Secretary

BillMoyers.com


By Peter Dreier
Trump’s appointee is the very model of a predatory lender.

12/02/16

First Look: New Linda Tirelli Suit Against Bank of America

Liberty Road Media

First Look: New Linda Tirelli Suit Against Bank of America
Attorney Linda Tirelli, a rockstar in the arena of foreclosure defense, has just filed an adversarial bankruptcy suit in the Southern District of New York naming the following as defendants: Bank of America, Nationstar, U.S. Bank, and Recontrust. As many former and soon-to-be-former homeowners know, this group is a veritable rogue’s gallery of home/wealth/livelihood/sanity thieves and scam artists. The fact that Tirelli is going after this financial mafia family is heartening, because Tirelli gets results.

12/01/16

NeighborWorks America invites qualified community development nonprofits to apply for a share of $26.5 million in grants

Sys-con Media

NeighborWorks America invites qualified community development nonprofits to apply for a share of $26.5 million in grants to revitalize distressed communities hurt by the foreclosure crisis
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