“Lehman’s own documents show it was aware of the widespread problems and deteriorating performance of the loans it had securitized,” with half the loans at one point containing material misrepresentations, the trustees said in a court filing. Editor’s Note: The difference is money — investors have it and borrower’s don’t. So while investors are successfully litigating […]

Tags: BlackRock Financial Management, BlueMountain Capital Management LLC, Credit Suisse, Deer Park Road Management Co, Deutsche Bank National Trust Co, Goldman Sachs, mortgage fraud, Prophet Capital Management LP, RMBS holders, Tilden Park Capital Management LP, Tricadia Capital Management LLC, Whitebox Advisors LLC
Posted in Corruption, discovery, evidence, securities fraud |

Originally Posted by Bill Paatalo on Oct 26, 2017 at www.bpinvestigativeagency.com In 2013, investors in six “RALI Series” Trusts filed a complaint in New York against their Master Servicer (Nationstar Mortgage, LLC) for conducting “Bulk Note Sales” of non-performing loans owned by the trusts for its own benefit; specifically to recoup upwards of a billion-dollars […]

Tags: Bill Paatalo, investigator bill paatalo, lendinglies, Livinglies, mortgage fraud, Nationstar
Posted in Uncategorized |

https://www.revealnews.org/blog/trumps-nominee-for-banking-post-meets-resistance-due-to-fraud-settlement/ By Aaron Glantz / July 24, 2017 “Cold and calculating and not willing to take the tiniest bit of responsibility” is how federal whistleblower Sandra Jolley describes Joseph Otting, President Donald Trump’s pick for comptroller of the currency, the nation’s chief bank regulator. Otting’s confirmation hearing is scheduled for Thursday before the Senate Committee […]

Tags: Comptroller of the Currency, mortgage fraud, one west bank, Steve Mnuchin
Posted in Uncategorized |

I think what Bill Paatalo did here was expose “Mortgage Servicing Fraud” as a clear category and path for homeowners to follow, where appropriate, which is most of the time (in my opinion). The devil is in the details. Paatalo exposes the low hanging fruit that lawyers and homeowners skipped over when they analyzed the […]

Tags: bill paatalo investigations, BP Investigative Agency, mortgage fraud, Nationstar, Nationstar fraud, servicing fraud
Posted in Uncategorized |

http://www.standard.net/Business/2016/09/15/The-reason-the-Lehman-moment-still-is-with-us Barry Ritholtz Sept. 15 is the eighth anniversary of the Lehman Brothers bankruptcy. Not enough time has passed yet for me to recall those anxious days without getting angry.  Sen. Elizabeth Warren, D-Massachusetts, has used the occasion of this anniversary to suggest the next administration should “investigate and jail” those Wall Street bankers who […]

Tags: Barry Ritholtz, Lehman Brothers, mortgage fraud
Posted in Uncategorized |

By the Lending Lies Team http://www.zillow.com/research/foreclosures-and-wealth-inequality-12523/ Losing your home by foreclosure to a bank that used fabricated documents to foreclose is a tragedy that has tainted the American dream for millions of Americans. The process is unjust, unlawful and dehumanizing. But even years after the former homeowner has moved forward with their lives they sustain […]

Tags: foreclosure fraud, lendinglies, Livinglies, mega banks foreclose, middle class mass destruction, mortgage fraud
Posted in Uncategorized |

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 |

“Furthermore, evidence of the DocX forgery and fabrication process could be used to reach even higher. Who directly solicited the company for fake documents? The foreclosure mill law firms, which then knowingly submitted them into courts. Who directed the foreclosure mills to do that? The mortgage servicers, which are typically units of the biggest banks. Furthermore, there’s no reason to […]

Tags: Business News, CRIME, criminal prosecutions, DAVID DAYEN, fraud, housing, justice, mortgage fraud, salon.com, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – […]

Tags: Akron Beacon Journal, Chase Bank, Chicago Tribune, Chief judge Joseph McKinley Jr, CoreLogic, corruption of title chains, county recorder offices, Fannie MAe, FHFA, fraud, Freddie Mac, Joe Fantozzi, kentucky, Louisiana, MERS, mortgage fraud, Ohio, Recording fees, RICO, robosigning, Tara Steele, taxes
Posted in bubble, Corruption, Eviction, securities fraud |

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop with Neil Garfield: Getting Started on Foreclosure Defense NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s […]

Tags: 14.5 million, BAC.N, Bank of America, Chase, Citi, countrywide, Gregory Mackler, Gross Domestic Product, Hagens Berman law firm, HAMP, inflated appraisals, Kyle Lagow, mortgage fraud, mortgage litigation, New York, Rick Rothacker, Shayne Stevenson, Titans of Wall Street, trading profits, U.S. False Claims Act, Urban Lending Solutions, US Justice Department, Wells Fargo, Whistle-Blower, whistleblower
Posted in Uncategorized |