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April 3, 2017

Wells Fargo faces another Investor lawsuit over defective mortgage securities

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By the Lending Lies Team Too Big to Fail behemoth Wells Fargo faces another lawsuit over faulty residential mortgage-backed securities.  As investors become aware of the fraudulent securities purchased, more lawsuits are sure to be ignited. According to a Reuters article by Jonathan Stempel, U.S. District Judge Katherine Polk Failla in Manhattan said on Thursday …

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District Judge in NY Knocks down Attempt to Avoid Statute of Limitations

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Somewhere along the line, people are going to start asking why “the banks” wait so long and they will come up with the answer: that “the banks” make more money by waiting. Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments.   THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU …

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Florida Supreme Court dismisses motion for rehearing in case concerning Florida Statute of Limitations

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by K.K. MacKinstry Last week a Manhattan court ruled in Costa v. Deutsche Bank that Deutsche Bank had failed to foreclose within the six year window and was therefore barred from collecting the debt.  In the same week, the Florida Supreme Court denied a motion for rehearing in Bartram v. U.S. Bank regarding the statute …

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