The incentive payments from the Federal government for HAMP modifications were merely used for profit, bonuses and the like. No attention was paid to HAMP modifications except in rare instances where the banks thought it prudent to at least make it appear as though they were following HAMP guidelines when they clearly had no interest […]

Tags: foreclosure, foreclosure defense, fraud, HAMP, Homeward, Ocwen, quit tam, securitization, Servicer advances
Posted in Uncategorized |

Just a quick note as follow up to my article this morning. Read this qui tam complaint and see how it corroborates the facts and theories presented on this blog. Note the following quote: ” these mechanisms of fraud were and are interconnected and directly observed by Relator Mackler, who worked with various BOA executives […]

Tags: Bank of America, HAMP, HARP, MAckler, modification, qui tam complaint, quit tam, TARP, Urban Lending Solutions
Posted in Corruption, Eviction, securities fraud |