EDITOR’S NOTE:  The complaint below is from the United States Atty. for the Southern District of New York gives us a clear picture of the processing of loans without any underwriting standards at Countrywide and other aggregators across the country. The complaint is not authority, but it is a guide for what you can allege […]

Tags: aggregators, Bank of America, countrywide, Federal reserve, government-sponsored entities, hustle, mortgage fraud, Wall Street, WHISTLEBLOWERS
Posted in Corruption, Eviction, securities fraud |

BusinessWeek Subprime: Borne of Sleaze, Bribery, and Lies Friday November 14, 8:08 am ET By Mara Der Hovanesian It may seem like ancient history now, but not long ago the mortgage industry was turning ordinary people into millionaires. One of them was Sharmen Lane, a high school dropout who, like many other young women during […]

Tags: aggregators, foreclosure defense, foreclosure offense, mortgage wholesalers
Posted in Eviction |