Archives by Tag ' countrywide '
mers-membership milestoneplus Sample Response Record: Corporate Name: West Coast Servicing, Inc. Address: 17011 Beach Blvd., #300 City,State,Zip: Huntington Beach, CA 92647 Toll Free Number: (866) 574-2001 Direct Number: (714) 596-6333 Fax Number: (714) 596-6333 Primary Contact: Cameron Clayton Website: http://www.wcrsi.com Member Org ID: 1006937 Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian eRegistry […]
Some time ago we mentioned on these pages that the auditors who certified the financial statements (KPMG, here) would come under intense scutiny simply because they MUST have known, by simple common sense, that the economics of mortgage lending had been turned on its head. The worse the loan quality the more they made leaving […]
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE REPORT FOR THE QUARTER ENDED: 06/30/2007 INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT: NAME: BANK OF NEW YORK TRUST COMPANY, N.A. STREET: 700 SOUTH FLOWER STREET SUITE 200 LOS ANGELES CA 90017 13F FILE NUMBER: 028-11850 THE INSTITUTIONAL INVESTMENT MANAGER FILING […]
From Ny In re: (i) the Trustee shall be under no obligation to exercise any of the trusts, rights or powers vested in it by this Agreement or to institute, conduct or defend any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to this Agreement, […]
Countrywide Sued by Fund Over $8.4 Billion Loan Deal (Update1) greenwich-investor-complaint-against-countrywide-describing-securitization-in-simple-terms Excellent Article by Mr. Mortgage: Mortgage Security Holder Stands up to Bofa By Patricia Hurtado Dec. 1 (Bloomberg) — Countrywide Financial Corp., the home lender acquired by Bank of America Corp., was sued by Greenwich Financial Services Fund over claims an agreement to reduce […]
The simple reason is that the paper is worthless. The race is on. The lenders and government don’t want you to know those debts that are making your palms sweat are probably unenforceable. We have been tracking cases where the debt has been challenged on the grounds of payment, holder in due course, predatory lending […]
OCTOBER 2008 NEWSLETTER ADVOCATES FOR JUSTICE ADVOCATES TEAM just stopped Countrywide’s foreclosure of homeowner in the San Bernadino, CA. area today. A temporary restraining order was granted stopping the scheduled foreclosure sale for Oct. 20th. A preliminary hearing is set for Nov. 3rd on the issue of a preliminary injunction, the stopping of the sale […]
Let them eat cake: Ex-Countrywide exec takes family on African Vacation … on Countrywide’s jet Posted Aug 3rd 2008 11:40AM by Julie Tilsner Filed under: Bank of America (BAC), Countrywide Financial (CFC), Rich in America Some things never change. David Sambol, the out-going president of kaput mortgage giant Countrywide Financial Corp., is taking his family […]
Mortgage ruling could shock U.S. banking industry Mon Jun 30, 2008 8:14pm BST By Gina Keating – Analysis LOS ANGELES (Reuters) – A lawsuit filed by a Wisconsin couple against their mortgage lender could have major implications for banks should a U.S. appeals court agree that borrowers can cancel their loans en masse when their […]
They don’t have it all, but reading the complaint and getting copies of discovery and motions will help anyone contesting the foreclosure and of course, going further to the main target: HAVING THE MORTGAGE ENCUMBRANCE REMOVED FROM THE PROPERTY AND ELIMINATING LIABILITY ON THE NOTE. THIS IS GOOD NEWS BUT DOES NOT GO FAR ENOUGH. […]


