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Ocwen: Investors and Borrowers Move toward Unity of Purpose!

37 Comments / foreclosure / By

For further information please call 954-495-9867 or 520-405-1688 Please consult an attorney who is licensed in your jurisdiction before acting upon anything you read on this blog. ================================== Anyone following this blog knows that I have been saying that unity of investors and borrowers is the ultimate solution to the falsely dubbed “Foreclosure crisis” (a …

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Reg Z TILA Amendment requires new owners and assignees of mortgage loans to notify consumers of the sale or transfer

6 Comments / bubble, CDO, Corruption, currency, Eviction, expert witness, Fannie MAe, foreclosure, HERS, Investor, Modification, Mortgage, securities fraud, Servicer / By

The Federal Reserve Board has issued an interim final rule under Regulation Z to implement the recent Truth in Lending Act (TILA) amendment that requires new owners and assignees of mortgage loans to notify consumers of the sale or transfer. While mostly helpful in foreclosure defense,  the rule leaves open the question of ownership of …

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Obama Gets a Set — Accepts Volcker's View

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

Editor’s Comment: Finally! The president has now played out the Geithner-Summers scenario and seen the results — a large middle finger raised in the air from an arrogant bunch of people who are tone deaf to the needs of the nation and the world. This decision brings us into line with the rest of the …

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