MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “workers joked that bogus documents were being produced in the “art department.” “Supervisors’ behavior degenerated from vulgar to threatening, she claimed, when she started complaining about inflated property appraisals and other misconduct. Managers often forged borrowers’ signatures on loan documents and made up […]

Tags: bank fraud, bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, lender fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND, WHISTLEBLOWERS
Posted in bubble, Corruption, Eviction, securities fraud |

IT ALL COMES DOWN TO THIS: LENDERS DIDN’T CARE ABOUT THE QUALITY OF THE LOAN OR THE IMPACT ON BORROWERS OR INVESTORS (INCLUDING THEIR OWN SHAREHOLDERS). THEY WERE PREPARED TO FALSIFY ANYTHING AND USE ANY MISREPRESENTATION OR PRESSURE TACTIC THEY COULD TO GET THE LOAN SOLD AND THE BORROWER TO SIGN. THEY PRETENDED THEY HAD […]

Tags: AMbac, countrywide, foreclosure defense, GE, General Electric, lender fraud, Lender Liability, lender misrepresentation, MBIA, mortgage meltdown lawsuits, New Century Financial Corp, PMI Group, Redwood Trust, RESPA, TILA audit, WMC Mortgage
Posted in bubble, Corruption, Eviction, securities fraud |