Archive for 'Uncategorized' Category
Jun 28, 2016

http://newjerseyop.org/   It’s likely Thursday the Assembly will vote on a bill to prevent foreclosures and to keep Sandy survivors from losing their homes. We need you to take just 5 minutes, call your state legislator, and tell them that this is important to you and your community. Don’t know how to reach them or who they […]

Jun 27, 2016

In the mortgage world “successor by merger” is simply a living lie that continues as you read this article. Like many other major illusions in our world economy, the Chase-WAMU merger was nothing more than illusion The reason for the rebellion showing up as votes for Sanders and trump and the impending exit of the […]

Jun 25, 2016

By the Lending Lies Team Those of us the foreclosure defense industry don’t experience much laughter. For hours each day we try to provide guidance to people who have been victimized by their servicer, attorney and/or the courts. Often, by the time they come to us, the homeowner is in emergency-mode. Yesterday, we did have […]

Jun 24, 2016

While news services proclaim the foreclosure rate is falling drastically and there is no reason for the public to be concerned about the housing market- the New York Federal Reserve is warning investors that the subprime mortgage industry is heating up. House prices peaked in most markets last year and now there is a nationwide […]

Jun 24, 2016

http://www.mortgagenewsdaily.com/channels/pipelinepress/06242016-mortgage-servicing.aspx   by: Rob Chrisman NY Servicers Dealt Blow; Ocwen’s $30 Million Settlement; Brexit: Renegotiations and Margin Calls? At Happy Hour tonight, besides talking about refis, you can throw this one out: the number of homes worth $1 million has doubled in the last 4 years. Of course 2012 was pretty much the bottom of the […]

Jun 22, 2016

http://www.jdsupra.com/legalnews/court-of-appeal-addresses-prejudice-48045/ By Kevin Brodehl If a property owner loses their property through a foreclosure sale initiated by someone who did not validly own the debt, has the property owner automatically suffered enough “prejudice” to pursue a claim for wrongful foreclosure?  Or does the property owner also need to show that it would have been able […]

Jun 22, 2016

By William Hudson Before any financial crisis, there are certain signs that appear that should cause homeowners and investors to batten down the hatches.  Although this is an unscientific analysis, over the last three housing bubbles certain patterns emerged.  First of all wages will stagnate, next the cost of living inflates, high-end condo sales slow, […]

Jun 22, 2016

Introducing- a new online service for homeowners and attorneys who have a question regarding a foreclosure issue.  Neil Garfield will answer questions you may have regarding standing, assignments, foreclosure, or other issues.  The answer provided is NOT legal advice and there is no implied attorney/client relationship. The Question and Answer service is completed exclusively online.  […]

Jun 21, 2016

  http://www.cnbc.com/2016/05/26/wells-fargo-launches-3-down-payment-mortgage.html http://www.dsnews.com/news/03-22-2016/is-bank-of-americas-new-mortgage-program-a-substitute-for-fha-lending By William Hudson Wells Fargo and Bank of America have announced that they will be offering 3% down loans that are proven to be as high risk as no-money-down mortgages. These loans will be offered to people with poor credit. If 3% is too much to put down, the banks are offering […]

Jun 20, 2016

Someone needs to go back to the Declaration of Independence. Government exists only by consent of the governed. People are withdrawing their consent on a daily basis now. Where do you think that will lead? see http://www.housingwire.com/articles/37308-countrywides-mozilo-reportedly-off-the-hook-for-all-those-subprime-mortgages?eid=311685972&bid=1437193#.V2RJhpGUqsU.email Revenge is not the point. But justice is important. Mozilo was, in my opinion, just a bag man […]