CBS 60 Minutes – Who really owns your mortgage?

Strange but true…bank AND attorney fraud.   No surprise either that AHMSI is named! It’s bizarre but, it turns out, Wall Street cut corners when it created those mortgage-backed investments that triggered the financial collapse. Now that banks want to evict people, they’re unwinding these exotic investments to find, that often, the legal documents behind the [...]

List of Lenders targeted by Texas Attorney General

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 [...]

AHMSI robbing homeowners…is American Home Mortgage Servicing Inc your servicer?

AHMSI is near the top of our personal list of mortgage servicers (the “mortgage” company that collects the payment) that routinely “loses” payments, “misapplies” property tax payments, and forecloses after collecting multiple payments under what homeowners thought was a forbearance or loan modification. Finally, Texas Attorney General Greg Abbott’s office has caught on to these [...]

Toxic Titles: Part Two – “Don’t mind me if I put an extra lien on your home”, says bank.

Continuing the “Toxic Title” issue The second nasty title cloud appears when homeowners have modified their loan or taken the dreaded “HomeSaver Advance” which was rampant the last few years. Let’s examine the result of a typical HomeSaver Advanced deal.  Imagine falling several payments behind and now you owe the bank $8,000 in past due [...]