Say it isn’t so…Wells Fargo the bank who brought us “Ghetto Loans” for “Mud People” is in trouble for unfairly targeting minorities? No, I’m not making this up. Read below. – The Bank Slayer Justice Dept. presses Wells Fargo on loans-source * Justice eyes Wells for targeting Afro-Americans – source * Subprime loans focus of [...]
Bank of America’s ReCONtrust shut down in Utah
May 31, 2011 By Leave a Comment
Ok, maybe I emphasized the CON in RECONTRUST but check, check and re-check again every document and entity that is trying to foreclose on property…you never know what you might find. According to Bloomberg and foreclosure defense attorney Beth Findsen: AG Mark Shurtleff advised Brian Moynhian that the bank’s foreclosures in Utah are illegal. “A [...]
Foreclosure info from LPS details banks getting paid 2-3x for the foreclosure!
March 30, 2011 By 3 Comments
The friendly folks at BankofAmericaSuck.com posted information about the screens and the access to info that your bank has about your home loan. LPS, short for Fidelity’s Lender Process Services is the nations largest insurance & foreclosure tracking servicing and is used by many banks to handle the nitty gritty details involved in managing your [...]
Two different lenders own my mortgage??????
March 10, 2011 By 1 Comment
Talk about a title NIGHTMARE. As you will see below in a blurb from April Charney, a large national servicer (U.S. Mortgage) STOLE mortgages belonging to credit unions for which they were servicing the Notes. ($142 million worth of loans!!!). U.S. Mortgage sold the loans to Fannie Mae and kept all the money but kept [...]
Fannie Mae fires law firm over “sham” foreclosure documents
February 14, 2011 By 4 Comments
The Palm Beach Post is reporting that Fannie Mae has fired the prominent law firm of Ben-Ezra & Katz and found the firm’s founding partner, Marc Ben-Ezra, in contempt of court for filing “sham” foreclosure documents and “wasting the court’s time.” The judge noted the fact that the mortgage and note are to a different [...]
ASC wants you to default
December 2, 2010 By 2 Comments
A class action lawsuit filed by New York law firm Harwood Feffer alleges that Wells Fargo-owned mortgage servicer, America’s Servicing Company, induced distressed borrowers into defaulting on their payments supposedly in order to get a loan modification all the while accruing late fees and penalties. READ: Enriching themselves at borrower’s expense. This isn’t the first [...]
Bank of New York must Produce the Note if they want to get paid!
November 10, 2010 By 9 Comments
The Show Me the Note strategy is a solid one if done properly but you can’t simply deny you owe a debt and get a free house. You signed a promissory note to someone. The question is to whom is the money actually owed and what is currently owed against it. Why? Quite simply many [...]
Stewart Title locks down foreclosure sales
October 11, 2010 By Leave a Comment
In our own backyard of Houston, Texas, Stewart Title clamps down on foreclosures sales. About time! Shabby title records, no true chain of custody in the property records, bogus affidavits and robo-signer assignments. Hello? Time to take a stand! Hats off to Stewart for publicly admitting, via a clamp down, that something is fishy in [...]
Title problem arise from robo-signers. Do you have a defective title?
October 9, 2010 By Leave a Comment
You know it’s bad when your own title company won’t insure properties you foreclosed. The Palm Beach Post in Florida is reporting that one of the country’s largest foreclosure mill, the Florida Default Law Group’s own title company, New House Title is rejecting properties that FDLG previous foreclosed. New House Title claims that due to [...]
List of Lenders targeted by Texas Attorney General
October 6, 2010 By Leave a Comment
The following is the list of mortgage servicers (lenders) that have been initially targeted by Texas Attorney General Greg Abbot’s office for possible foreclosure fraud. If your loan is in a foreclosure status or you have been wrongfully foreclosed within the last four years please seek assistance immediately. – The Bank Slayer Last updated 11 [...]
