August 15, 2016

David Dayen: Tom Miller Pens Love Letter to Settlements with Financial Fraudsters

Tom Miller Pens Love Letter to Settlements with Financial Fraudsters Posted on August 15, 2016 by David Dayen By David Dayen, author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. You could spread around a lot of blame for the current state of our two-tiered system of justice and …

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How Servicers Engineer Defaults Using the Escrow Accounts, Forced Placed Insurance and False Projections

Servicers are creating the illusion of defaults by manipulating the escrow accounts even when no escrow account exists. So even where there is no agreement for the “lender” to maintain an escrow account, they will create one anyway and engineer circumstances to make it seem like a default occurred not just in the “escrow account” …

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