866-216-4126

audit

Missal Report Documents New Century Predatory Lending Even After General Counsel Warned Against It — Borrowers May Have Cause of Action Against Auditor KPMG

2 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, inflation, Investor, Mortgage, securities fraud / By

Report: New Century’s GC Warned Managers of Subprime Danger Sue Reisinger Corporate Counsel March 31, 2008 Listening to its general counsel might well have saved New Century Financial Corp., once the nation’s second-largest subprime mortgage lender, from plunging into bankruptcy a year ago. That’s one lesson from a 581-page report filed Wednesday by Michael Missal.A …

Missal Report Documents New Century Predatory Lending Even After General Counsel Warned Against It — Borrowers May Have Cause of Action Against Auditor KPMG Read More »

MORTGAGE INDUSTRY KNOWS THEY HAVE CHAIN OF TITLE PROBLEMS: COMPANIES SPRINGING UP TO "CORRECT" (I.E, CREATE) DOCUMENTS

3 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, inflation, Investor, Mortgage, securities fraud / By

STRAIGHT OFF THE NET THANKS TO READER ALLON HILL IS THE NAME OF THIS PARTICULAR COMPANY. I’M SURE THERE ARE DOZENS OF OTHERS. Assignment Recording Residential or commercial, Agency or private delivery, Allon Hill offers a complete menu of mortgage assignment services. In the past 14 years, Allon Hill has prepared and recorded over 5 …

MORTGAGE INDUSTRY KNOWS THEY HAVE CHAIN OF TITLE PROBLEMS: COMPANIES SPRINGING UP TO "CORRECT" (I.E, CREATE) DOCUMENTS Read More »

AUDITORS, CREDIT REPAIR, LOAN MODIFICATION ETC.

8 Comments / CDO, currency, Eviction, foreclosure, GTC | Honor, Mortgage / By

For the most part they are operating either illegally or unethically but there are an increasing number of firms that are playing by the rules and actually helping their clients. beware-of-credit-repair-firms-but-dont-throw-the-baby-out-with-the-bathwater DISCLOSURE: I must disclose both an agenda and an interest here. Having been disappointed by the results or conduct of many supposed “audit” or …

AUDITORS, CREDIT REPAIR, LOAN MODIFICATION ETC. Read More »

Foreclosure Defense and Offense: Evolving Mortgage Audit Criteria

16 Comments / bubble, CDO, currency, Eviction, foreclosure, GTC | Honor, Mortgage / By

The start of every case, as I see it, is the collection of facts and documents, so that a complete mortgage evaluation and status report can be prepared by an independent third party who can serve as an expert witness if the need arises. The current “cottage industry” of TILA audits is insufficient but a …

Foreclosure Defense and Offense: Evolving Mortgage Audit Criteria Read More »

Scroll to Top