COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: Read NY Times Article “The revelations three months ago that large banks were sloppy and negligent in preparing foreclosure documents underscore just how important it is for distressed homeowners to have representation, lawyers and consumer advocates say. Homeowners whose cases were handled improperly …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary submitted by MAD AS HELL [DISCOVERY HINT] “The Title companies got for the most part their instructions from many different players and the closing files are a treasure trove of information.” “The borrowers had no idea that I as a broker was getting paid a …
MULTI-STATE MORTGAGE BROKER PUBLICLY ADMITS PAYMENTS WERE FOR VOLUME OF LOANS CLOSED Read More »
Many people on Wall Street on going to find the envelope empty, or maybe a greeting. It’s not that there wasn’t a ton of money grabbed out of the system, it’s just that it is difficult to describe theft as profit. And the bonus issue is massive PR nightmare so they raised base salaries and …
submitted by reader BANK OF AMERICA ASSIGNS SAME NOTE TWICE AND GETS PAID TWICE! (To prevent further retribution to our family, I post this information under a pseudonym.) 1) In 2001, I closed on a refinancing loan, with XXXX Mortgage Company “A” (“MCA”). 2) “MCA” immediately thereafter assigned the loan to Bank of America (“BOA”). …
BANK OF AMERICA ASSIGNS SAME NOTE TWICE AND GETS PAID TWICE! Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes from article: Read NY Times Article America is no longer in the business of building and making actual physical objects. Instead, all the energy and resources go into the kind of financial engineering that creates quarterly numbers that Wall Street buys into. By …
Declining American Dream Undermines Our Currency and Our Society Read More »
