loan origination

Fannie and Freddie Demand $6 Billion for Sale of "Faulty Mortgage Bonds"

You read the news on one settlement after another, it sounds like the pound of flesh is being exacted from the culprits again and again. This time the FHFA, as owner of Fannie and Freddie, is going for a settlement with Bank of America for sale of “faulty mortgage bonds.” And most people sit back …

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Wells Fargo Wrongful Foreclosure Kills Elderly Homeowner?

see https://livinglies.me/2013/04/29/hawaii-federal-district-court-applies-rules-of-evidence-bonymellon-us-bank-jp-morgan-chase-failed-to-prove-sale-of-note/ “The administrator of the estate of Larry Delassus sued Wells Fargo, Wachovia Bank, First American Corp. and others in Superior Court, for wrongful death, elder abuse, breach of contract and other charges. Delassus died at 62 of heart disease after Wells Fargo mistakenly held him liable for his neighbor’s property taxes, doubled his …

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Another Kind of Dual Tracking: Loan Origination Fraud

NOTE: Dual tracking and loan origination fraud by the banks will be a prime topic explained in detail by Neil Garfield, Dan Edstrom and Jim Macklin at the upcoming seminars. At the Sign Up for Full Day Seminar in Emeryville (San Francisco), a specialist from Nevada will present the issues in mediation and forcing the …

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