April 7, 2017

S&P: Mortgage-backed security market making a comeback in 2017 First quarter issuance doubled 2016’s total

First quarter issuance doubled 2016’s total By Ben Lane at Housingwire.com S&P: Mortgage-backed security market making a comeback in 2017 Editor’s Note: Does anyone else seek stark similarities between what happened in 2007/08 and what is happening now?  This is evidence that the housing bubble is complete.  By now we know how this will play …

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May v Nationstar Mortgage: Reckless Indifference resulting in Mental Anguish results in 500k punitive damages award

Jeannie K. May, Plaintiff-Appellee, v. Nationstar Mortgage, LLC, Defendant-Appellant. Jeannie K. May, Plaintiff-Appellant, v. Nationstar Mortgage, LLC, Defendant-Appellee. May v Nationstar Mortgage Nos. 16-1285, 16-1307.United States Court of Appeals, Eighth Circuit.Submitted: December 15, 2016.Filed: March 29, 2017.Kevin Michael Abel, for Defendant-Appellant. Jeffrey Mark Tillotson, for Defendant-Appellant. Rhiana Luaders, for Defendant-Appellant. Amy Elizabeth Breihan, for Defendant-Appellant. …

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Michigan Foreclosure King Republican David Trott of MI-11 introduces bill to enrich his foreclosure business

David Trott, MI-11 — April 7, 2017 by Eclectablog Republican Congressman David Trott from Michigan’s 11th Congressional District has a long and sordid history profiting from the “human misery” caused when his foreclosure business threw victims of the Bush Recession out of their homes. He didn’t just run a foreclosure-based law firm. He created a …

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