I have not followed Prommis Holdings closely but I can recall that some people have sent in reports that Prommis was the named creditor in some foreclosure proceedings. The reason I am posting this is because the bankruptcy filings including the statement of affairs will probably give some important clues to the real money story […]

Tags: bankruptcy, debt, Deny and Discover, document trail, investment bank, Investor, look-back period, money trail, Mortgage, note, Prommis, schedules, statement of affairs, Underwriter
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “In its S.E.C. filing, Prommis alerted potential investors that it could face challenges from bar associations, prosecutors or homeowners that its relationship with its law firms constituted the “unauthorized practice of law” or involved “impermissible fee sharing” arrangements.” “The relationship between the Wall Street specialists […]

Tags: Ares Capital, David J Stern, FTV Capital, Great Hill Partners, Hunt Leibert Jacobson, Iowa attorney general, Lender Processing Services, LPS, Pillar Processing, Prommis, Steven J Baum, Tailwind, Tom Miller, unauthroized practice of law, UPL, Volentine
Posted in bubble, Corruption, Eviction, securities fraud |