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The Yvanova string of cases in California are based upon some vague notion of whether a void assignment (e.g., past the cutoff date) could be ratified by the trust, trustee or trust beneficiaries. Firstly, the trust can only operate through a trustee. That is black letter law in every state. In REMIC Trusts the Trustee […]
Posted by Bill Paatalo on Mar 4, 2018 https://bpinvestigativeagency.com/foia-request-reveals-servicers-justification-for-fraud-in-obtaining-limited-power-of-attorney-from-fdic/ See: FDIC FOIA Response – IndyMac LPOA Servicer Request 2017 This FOIA response from the FDIC dated June 29, 2017 contains a request to renew CIT Bank, N.A.’s “Limited Power of Attorney” from the FDIC regarding the failed IndyMac Bank, fsb and IndyMac Federal Bank, fsb. The […]
Thanks to Investigator Bill Paatalo for bringing this class action to our attention. ATTENTION! IF YOU WERE WRONGLY DENIED OR DELAYED FOR MODIFICATION OF YOUR MORTGAGE PAYMENTS, YOU MAY BE ENTITLED TO SUBSTANTIAL COMPENSATION. CONTACT US NOW TO RECEIVE A FREE EVALUATION. Background: The HAMP Program The U.S. Government launched the Home Affordable Modification Program […]
[wpvideo tAJe0ntq] Listen to Investigator Bill Paaalo and Attorney Charles Marshall discuss Proodian v. JPMC Thank you to Investigator Bill Paatalo who is responsible for bringing the loan-level data information to our attention. By TL Anderson See: Abstract – US Residential-Mortgage Transfer Systems – A Data Management Crisis Proodian-V-Chase-Order USBank ROG Response – […]
[wpvideo tAJe0ntq] Listen to Investigator Bill Paaalo and Attorney Charles Marshall discuss Proodian v. JPMC Please note: Within hours of posting this article on March 2, 2018 our website was hacked and this article removed. Apparently we hit a nerve. Thank you to Investigator Bill Paatalo who is responsible for bringing the loan-level data […]
[wpvideo tAJe0ntq] Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays Valbuena v. Ocwen 2015-b256378(1) Investigator Bill Paatalo will share a bombshell that confirms what Foreclosure expert Neil Garfield has always suspected: There is a COMPLETE disconnect between the Trust, the Servicer and the […]
Follow-Up: JPMorgan Chase Ordered To Produce Wire Transfers Of Borrower’s Payments To Trust Posted by Bill Paatalo on Mar 1, 2018 JPMorgan Chase Ordered To Produce Wire Transfers Of Borrower’s Payments To Trust On February 23, 2018 JPMorgan Chase filed an emergency motion seeking clarification and an in camera review. (See: Chase Emergency Motion – […]
PHH Mortgage Corporation-Consent Order By LendingLies Staff Shares of struggling mortgage servicer Ocwen jumped after the company announced it would buy rival, PHH Corporation- another small loan servicer that is able to operate without the servicing limitations imposed on big banks . In a release, Ocwen said the agreement was for $360 million in cash […]
Sometimes we need a reminder of what ultimately matters when fighting wrongful foreclosure. Most foreclosures are based upon false claims of securitization, but proving it can be a challenge. Foreclosure serves the following purposes: The purpose is to convert the asset into (1) a legal document that makes it appear as though all preceding events were […]
By the LendingLies Staff Glass-v-Nationstar Mortgage On February 13, 2018, the Florida Supreme Court accepted jurisdiction in an appeal emanating from a controversial issue in contested foreclosures – can a homeowner in foreclosure litigation secure attorney’s fees after successfully defending against foreclosure on the basis that the lender lacked standing to enforce the mortgage contract? […]
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