Fair Isaac is involved in a suspicious attempt to artificially boost the pool of eligible, credit-worthy mortgage and auto recipients. The company which is behind the crucial FICO score that determines every consumer’s credit rating, “will stop including in its FICO credit-score calculations any record of a consumer failing to pay a bill if the […]

Tags: bubble, FICO
Posted in Uncategorized |

TURNING A DEFENSE INTO AN AFFIRMATIVE DEFENSE FOR SET OFF AND A CLAIM OR COUNTERCLAIM FOR DAMAGES AND ATTORNEY FEES So the question is how would you allocate third party payments and what difference will that make to a Judge hearing the case. ASSUMPTION: XYZ Investment Banking Holding company has received a total of $50 […]

Tags: Allocation of Third Party Payments, appraisal fraud, default, FICO, HERS, identity theft, Mortgage, note mortgage, Obligation, payments, principal, securities fraud
Posted in Corruption, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

Editor’s Note: The decision about flight or fight is deeply personal and there is no right answer. The decision you make ought not be criticized by anyone. For those with the fight knocked out of them the prospect of taking on the giant banks in court is both daunting and dispiriting. So if that is […]

Tags: apparent authority, Bob Tedeschi, cash for keys, Citi, deed in lieu of foreclosure, deficiency, FICO, Florida, Illinois, Michigan, New Jersey, Ny Times, Ohio, RELOCATION ASSISTANCE, Texas
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Comment: Any lawyer who does not think that issues relating to foreclosure will not dominate his or her practice of law is in a state of denial and delusion. The 16% drop in new home-sale contracts (see article below) means a similar or worse drop in sales over the next 30-60 days. As we […]

Tags: ARIZONA, creditors, deficiency, FICO, home values, homeowner, inflated mortgages, lenders, mortgage modification, National Assocation of Realtors, principal reduction, short sales
Posted in bubble, Corruption, Eviction, securities fraud |

A Few Tears and the Polls Were All Wrong Maybe she was being tactical and maybe it was real. Maybe it was both. It doesn’t really matter. The results in New Hampshire underscore a serious flaw in the delivery of information to the American public and an even more serious flaw in the way we […]

Tags: Clinton, community banks, credit unions, FICO, Obama, Polls, SAT
Posted in Corruption, Eviction |