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Don't Hold your Breath: New York's Cuomo will make Reverse Mortgage reform a priority — really?

2 Comments / foreclosure / By

http://nypost.com/2017/01/15/cuomo-will-make-foreclosure-reform-a-priority-finally/ Gov. Cuomo and state lawmakers are finally making reverse-mortgage foreclosure reform a priority this year — following continuing coverage of a crisis by The Post. Last week, the governor announced plans to provide reverse-mortgage holders the right to a mandatory foreclosure settlement conference with their lender, overseen by the court, just as traditional mortgage …

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Cuomo Appoints New Cop: Homeowners Hopeful That Truth Will be Revealed

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

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Expanding Reach, Cuomo Creates Second Cop on Financial Beat By DANNY HAKIM ALBANY — Benjamin M. Lawsky is not the attorney general of New York State. But one could be forgiven for being confused. Since Gov. Andrew M. Cuomo installed him as superintendent …

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NY STARTS NEW INVESTIGATION OF MEGABANKS ON MORTGAGES and FORECLOSURES

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

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS LOOKING TO NY FED FOR PROTECTION EDITOR’S NOTE: Maybe this will wipe that arrogant smirk off their faces. Again the investigations are renewed after it seemed they were giving up. Just as the financial regulatory agencies followed up an SEC settlement with Goldman, they all, …

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NY Appeals: AG may pursue Banks for Fraudulent Appraisal

10 Comments / CASES, CDO, Corruption, Eviction, evidence, expert witness, foreclosure, foreclosure mill, Forensic Analysis Workshop, GTC | Honor, HERS, Mortgage, Motion Practice and Discovery, Pleading, securities fraud, Securitization Survey, Statutes, workshop / By

Editor’s note: I think the standards used here apply to ALL private actions for appraisal fraud. With appraisal fraud proven, virtually all lending statutes are proven to have been violated. Appraisal fraud lies at the root of the mortgage mess with its sister, ratings fraud. Both are appraisals and both are ratings. Both were designed …

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is it one of them or is it all of them? Mr. Cuomo, are you listening?

26 Comments / foreclosure / By

According to two EMC analysts, they were encouraged to just make up data like FICO scores if the lenders they purchased loans in bulk from wouldn’t get back to them promptly Editors’ Note: With Bear Stearns “underwater” it is difficult to come up with scenario where there won’t be criminal charges brought against the bankers …

is it one of them or is it all of them? Mr. Cuomo, are you listening? Read More »

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