June 20, 2013

U.S. v BofA: Countrywide Eliminated Underwriting Standards

EDITOR’S NOTE:  The complaint below is from the United States Atty. for the Southern District of New York gives us a clear picture of the processing of loans without any underwriting standards at Countrywide and other aggregators across the country. The complaint is not authority, but it is a guide for what you can allege …

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Who is the DEADBEAT: Borrower or Bank?

Many thanks to Danielle Kelley, Esq. for appearing on last night’s members’ teleconference. I forgot to give the number out for the firm: 850-765-1236 Just to cap it off, here is her Post from yesterday at Danielle Kelley Blog: Danielle Kelley, Esq. The propaganda from the banks has been far-reaching.   Even if they devised …

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