MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Put BOA on the endangered species list. The regulators entered into secret “MOU” in May, 2009 where the Bank was put on notice that it was operating without sufficient capital and that its management was not meeting standards of the industry. …
BOA DEATHWATCH: MEMORANDUM OF UNDERSTANDING IN PLACE FOR TWO+ YEARS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Their business is foreclosures. Anything that is capable of being foreclosed gets the treatment. Even a home destroyed by a hurricane. One of the interesting parts of this is that the Bank also put insurance on the home that was previously …
BOA FILES FORECLOSURE — ON HOUSE THAT DOESN'T EXIST Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “Mortgage guarantors such as MGIC Investment Corp., Radian Group Inc., and American International Group Inc.’s United Guaranty have been voiding policies for errors including inflated appraisals or borrower incomes.” EDITOR’S NOTE: DOUBLE STANDARD: The insurers are dropping coverage because the mortgage was a …
BOA DEATHWATCH: CLASH WITH FANNIE MAE INCREASES BUYBACKS OF LOANS Read More »
